Stanley Black & Decker, Inc. $SWK Stock Position Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 41.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,630 shares of the industrial products company’s stock after acquiring an additional 1,347 shares during the period. Farther Finance Advisors LLC’s holdings in Stanley Black & Decker were worth $314,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Vontobel Holding Ltd. boosted its position in shares of Stanley Black & Decker by 3.8% during the 1st quarter. Vontobel Holding Ltd. now owns 4,494 shares of the industrial products company’s stock valued at $345,000 after purchasing an additional 165 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Stanley Black & Decker by 15.0% during the 2nd quarter. Parallel Advisors LLC now owns 1,313 shares of the industrial products company’s stock valued at $89,000 after purchasing an additional 171 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 0.7% in the first quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 24,854 shares of the industrial products company’s stock worth $1,911,000 after buying an additional 174 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 8.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,159 shares of the industrial products company’s stock worth $166,000 after buying an additional 174 shares during the period. Finally, RB Capital Management LLC boosted its holdings in shares of Stanley Black & Decker by 1.8% in the first quarter. RB Capital Management LLC now owns 9,937 shares of the industrial products company’s stock worth $764,000 after buying an additional 175 shares during the period. Institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wells Fargo & Company raised their target price on shares of Stanley Black & Decker from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 30th. Jefferies Financial Group set a $86.00 target price on shares of Stanley Black & Decker and gave the stock a “buy” rating in a report on Monday, August 18th. Robert W. Baird raised their target price on shares of Stanley Black & Decker from $65.00 to $78.00 and gave the stock a “neutral” rating in a report on Tuesday, July 22nd. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $89.40.

Stanley Black & Decker Price Performance

NYSE SWK opened at $73.95 on Tuesday. The company has a quick ratio of 0.34, a current ratio of 1.04 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $11.45 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 1.62 and a beta of 1.16. The company has a 50 day moving average price of $73.97 and a two-hundred day moving average price of $69.59. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $110.62.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Tuesday, July 29th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.70. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The company’s revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.09 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. As a group, equities analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.5%. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.82. The ex-dividend date was Tuesday, September 2nd. Stanley Black & Decker’s dividend payout ratio is presently 105.40%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.