Envestnet Asset Management Inc. Purchases 46,619 Shares of Stanley Black & Decker, Inc. $SWK

Envestnet Asset Management Inc. lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 53.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,455 shares of the industrial products company’s stock after purchasing an additional 46,619 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.09% of Stanley Black & Decker worth $9,994,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SWK. Princeton Global Asset Management LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $25,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at about $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker in the second quarter valued at about $28,000. Hanson & Doremus Investment Management acquired a new position in Stanley Black & Decker in the third quarter worth about $30,000. Finally, MUFG Securities EMEA plc bought a new position in Stanley Black & Decker during the second quarter worth about $31,000. 87.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SWK has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Argus raised Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Citigroup increased their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. UBS Group reduced their target price on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Finally, Barclays reiterated an “overweight” rating and set a $100.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Stanley Black & Decker has an average rating of “Hold” and a consensus price target of $87.00.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $89.89 on Thursday. The stock has a 50-day simple moving average of $80.91 and a 200 day simple moving average of $74.94. The stock has a market capitalization of $13.92 billion, a price-to-earnings ratio of 33.92, a P/E/G ratio of 1.31 and a beta of 1.21. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter last year, the company posted $1.49 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

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.