Louisiana State Employees Retirement System Makes New Investment in Stanley Black & Decker, Inc. $SWK

Louisiana State Employees Retirement System bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,900 shares of the industrial products company’s stock, valued at approximately $561,000.

Other hedge funds have also bought and sold shares of the company. GoalVest Advisory LLC bought a new position in Stanley Black & Decker during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at approximately $28,000. Motiv8 Investments LLC bought a new position in Stanley Black & Decker during the fourth quarter worth $31,000. Finally, MUFG Securities EMEA plc acquired a new position in Stanley Black & Decker in the second quarter worth $31,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SWK. JPMorgan Chase & Co. increased their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Barclays cut their target price 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. 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 report on Thursday, June 18th. Finally, Morgan Stanley dropped their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. Four 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 data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $88.44.

Stanley Black & Decker Trading Down 3.4%

Stanley Black & Decker stock opened at $89.38 on Wednesday. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $95.16. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. 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. The firm has a 50-day moving average price of $82.03 and a two-hundred day moving average price of $79.49.

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

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, June 8th. Stanley Black & Decker’s payout ratio is 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.