Vest Financial LLC Has $59.94 Million Holdings in Stanley Black & Decker, Inc. $SWK

Vest Financial LLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 2.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 636,832 shares of the industrial products company’s stock after purchasing an additional 16,957 shares during the period. Vest Financial LLC owned about 0.41% of Stanley Black & Decker worth $59,939,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SWK. Cape Investment Advisory Inc. acquired a new stake in Stanley Black & Decker during the second quarter worth $35,000. Chapman Financial Group LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $28,000. Motiv8 Investments LLC bought a new position in shares of Stanley Black & Decker during the 4th quarter worth about $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at about $31,000. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Trading Down 0.7%

Shares of Stanley Black & Decker stock opened at $102.20 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68. The stock has a market capitalization of $15.43 billion, a P/E ratio of 24.93, a price-to-earnings-growth ratio of 1.39 and a beta of 1.16. The company has a 50-day simple moving average of $90.73 and a 200 day simple moving average of $82.39. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts expect that Stanley Black & Decker, Inc. will post 5.53 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.

Analyst Ratings Changes

A number of analysts recently weighed in on SWK shares. Wells Fargo & Company upped their target price on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday, June 18th. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Citigroup upped their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and an average target price of $91.56.

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.