Canada Pension Plan Investment Board Takes Position in Stanley Black & Decker, Inc. $SWK

Canada Pension Plan Investment Board acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 184,700 shares of the industrial products company’s stock, valued at approximately $17,384,000. Canada Pension Plan Investment Board owned 0.12% of Stanley Black & Decker as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cardinal Point Capital Management ULC increased its holdings in Stanley Black & Decker by 2.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after buying an additional 125 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Stanley Black & Decker by 2.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 126 shares in the last quarter. Boothbay Fund Management LLC grew its holdings in shares of Stanley Black & Decker by 4.0% in the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after acquiring an additional 132 shares during the period. Bessemer Group Inc. increased its stake in Stanley Black & Decker by 1.5% in the 1st quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after purchasing an additional 134 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in Stanley Black & Decker by 19.9% during the first quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 146 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Down 1.4%

Stanley Black & Decker stock opened at $97.86 on Friday. The stock has a 50-day moving average price of $94.44 and a 200 day moving average price of $83.72. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The stock has a market cap of $14.78 billion, a PE ratio of 23.87, a P/E/G ratio of 1.33 and a beta of 1.16. The company has a current ratio of 1.43, a quick ratio of 0.55 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the company earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts predict that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 3.4%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is 80.98%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SWK. Wells Fargo & Company raised their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Wall Street Zen cut shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Citigroup upped their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus target price of $92.25.

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.