Y Intercept Hong Kong Ltd Increases Stock Position in Stanley Black & Decker, Inc. $SWK

Y Intercept Hong Kong Ltd boosted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 33.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 39,808 shares of the industrial products company’s stock after acquiring an additional 9,974 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Stanley Black & Decker were worth $2,829,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cardinal Point Capital Management ULC increased its holdings in shares of Stanley Black & Decker by 2.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 125 shares during the period. Crossmark Global Holdings Inc. boosted its position in Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after purchasing an additional 126 shares in the last quarter. Boothbay Fund Management LLC grew its stake in Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 132 shares during the last quarter. Martin Capital Partners LLC lifted its position in shares of Stanley Black & Decker by 2.1% during the fourth quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock valued at $539,000 after buying an additional 152 shares during the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 1.0% in the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 16,047 shares of the industrial products company’s stock valued at $1,192,000 after buying an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SWK. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Barclays cut their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Wells Fargo & Company upped their target price on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $88.44.

Stanley Black & Decker Trading Down 3.4%

Shares of Stanley Black & Decker stock opened at $89.38 on Wednesday. The firm’s 50 day simple moving average is $82.03 and its two-hundred day simple moving average is $79.49. The firm has a market capitalization of $13.89 billion, a price-to-earnings ratio of 36.63, a PEG ratio of 1.29 and a beta of 1.16. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $95.16. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period in the previous year, the company earned $0.75 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts predict that Stanley Black & Decker, Inc. will post 5.36 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were issued a $0.83 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.7%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.