Stanley Black & Decker, Inc. $SWK Shares Acquired by Catherine Avery Investment Management LLC

Catherine Avery Investment Management LLC grew its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 28.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,579 shares of the industrial products company’s stock after purchasing an additional 13,367 shares during the quarter. Stanley Black & Decker makes up about 2.7% of Catherine Avery Investment Management LLC’s portfolio, making the stock its 16th biggest holding. Catherine Avery Investment Management LLC’s holdings in Stanley Black & Decker were worth $4,426,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SWK. Norges Bank purchased a new position in Stanley Black & Decker in the second quarter valued at $107,111,000. Ameriprise Financial Inc. boosted its stake in shares of Stanley Black & Decker by 49.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after acquiring an additional 1,450,170 shares in the last quarter. Freestone Grove Partners LP acquired a new stake in shares of Stanley Black & Decker during the 3rd quarter valued at about $95,602,000. Strive Asset Management LLC purchased a new position in shares of Stanley Black & Decker in the 3rd quarter valued at about $78,480,000. Finally, Clean Energy Transition LLP raised its holdings in Stanley Black & Decker by 56.8% in the 3rd quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after purchasing an additional 1,013,756 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SWK has been the topic of several research analyst reports. Morgan Stanley raised their price objective on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Barclays reissued an “overweight” rating and issued a $100.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Citigroup upped their price objective on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Wells Fargo & Company lifted their target price on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $69.05 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $82.43 and its 200-day simple moving average is $75.81. The company has a market cap of $10.72 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 1.00 and a beta of 1.18. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $93.37.

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

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio is 125.28%.

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.