UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39184 SWK HOLDINGS CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 77-0435679 (State or Other Jurisdiction of Incorporation or Organization) ...

Company Overview - The company is Stanley Black & Decker, a tools and outdoor products company with approximately 85% of its portfolio in industrial fasteners and the remaining 15% in other products [3]. Financial Performance - The year 2025 was described as challenging due to tariffs, but the company made significant progress in improving margins, strengthening its balance sheet, and recovering brand health [3]. - The company remains confident in its ability to continue margin growth and cash generation, even in a macroeconomic environment that is expected to be flat to low growth for 2026 and potentially beyond [4]. Long-term Objectives - The company's long-term objectives are consistent with those shared during the Investor Day in late 2024, indicating a commitment to strategic goals despite current market challenges [4].

Core Viewpoint - Kahn Swick & Foti, LLC has initiated an investigation into Grindr Inc. to determine if its officers and directors breached fiduciary duties or violated laws [1] Group 1: Investigation Details - The investigation focuses on potential breaches of fiduciary duties by Grindr's officers and directors, including its controlling stockholder [1] - KSF encourages shareholders of Grindr Inc. to contact them to discuss their legal rights without obligation or cost [1] Group 2: About Kahn Swick & Foti, LLC - Kahn Swick & Foti, LLC is recognized as one of the nation's premier boutique securities litigation law firms, ranked among the top 10 firms nationally based on total settlement value [1] - The firm serves a variety of clients, including public and private institutional investors, and retail investors, seeking recoveries for investment losses due to corporate fraud or malfeasance [1]

Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of SWK Holdings Corporation to Runway Growth Finance Corp to assess the adequacy and fairness of the transaction for shareholders [1] Group 1: Proposed Transaction Details - The merger consideration will be determined by the estimated net asset value of both companies calculated under ASC 946 shortly before closing [1] - An exchange ratio will be set to align the relative valuations of SWK Holdings and Runway Growth Finance Corp [1] Group 2: Legal Investigation - Kahn Swick & Foti, LLC aims to determine if the transaction process and terms are fair to SWK Holdings' shareholders [1] - Shareholders who believe the transaction undervalues the company are encouraged to contact KSF for discussions regarding their legal rights [1]

Core Viewpoint - Stanley Black & Decker (SWK) is showing potential for short-term gains as it has recently reached a key support level and surpassed the 20-day moving average, indicating a bullish trend [1][4]. Technical Analysis - SWK has recently overtaken the 20-day moving average, which is a significant indicator for short-term traders as it smooths out price fluctuations and provides trend reversal signals [1]. - The stock has rallied 7.6% over the past four weeks, suggesting positive momentum [4]. Earnings Estimates - There have been no downward revisions in earnings estimates for SWK in the past two months, with three estimates being revised higher, indicating positive sentiment among analysts [4]. - The consensus estimate for SWK has also increased, further supporting the bullish outlook [4]. Investment Outlook - The combination of positive earnings estimate revisions and the stock hitting a key technical level suggests that investors should monitor SWK for potential gains in the near future [5].

分组1 - Stanley Black & Decker reported quarterly earnings of $1.41 per share, exceeding the Zacks Consensus Estimate of $1.27 per share, but down from $1.49 per share a year ago, resulting in an earnings surprise of +11.30% [1] - The company posted revenues of $3.68 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2%, and down from $3.72 billion year-over-year [2] - The stock has gained about 9% since the beginning of the year, outperforming the S&P 500's gain of 1.1% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $3.83 billion, and for the current fiscal year, it is $5.46 on revenues of $15.51 billion [7] - The Manufacturing - Tools & Related Products industry is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

Core Insights - The article compares Stanley Black & Decker (SWK) and Lincoln Electric Holdings (LECO) to identify which stock presents a better value opportunity for investors in the Manufacturing - Tools & Related Products sector [1] Group 1: Zacks Rank and Earnings Outlook - Stanley Black & Decker has a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while Lincoln Electric Holdings has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank suggests that SWK has an improving earnings outlook, which is a critical factor for value investors [3] Group 2: Valuation Metrics - SWK has a forward P/E ratio of 14.99, significantly lower than LECO's forward P/E of 24.12, indicating that SWK may be undervalued [5] - The PEG ratio for SWK is 1.12, while LECO's PEG ratio is 1.61, suggesting that SWK offers better value when considering expected earnings growth [5] - SWK's P/B ratio is 1.41 compared to LECO's P/B of 10.02, further supporting the notion that SWK is undervalued relative to its book value [6] Group 3: Value Grades - Based on the valuation metrics, SWK has a Value grade of B, while LECO has a Value grade of D, indicating that SWK is the superior value option at this time [6]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to limited upside or potential losses [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify suitable candidates [3] Group 2: Stanley Black & Decker (SWK) Analysis - Stanley Black & Decker (SWK) has shown a four-week price change of 8.9%, indicating growing investor interest [4] - Over the past 12 weeks, SWK's stock has gained 23.3%, with a beta of 1.2, suggesting it moves 20% more than the market [5] - SWK has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - SWK is currently trading at a Price-to-Sales ratio of 0.84, suggesting it is undervalued at 84 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides SWK, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

Group 1 - Binary Tree Analytics (BTA) focuses on providing transparency and analytics for capital markets instruments and trades, specifically targeting Closed-End Funds (CEFs), Exchange-Traded Funds (ETFs), and Special Situations [1] - The company aims to deliver high annualized returns while maintaining a low volatility profile, leveraging over 20 years of investment experience [1]

Core Insights - Stanley Black & Decker (SWK) is a well-established industrial company with over 180 years of history, recognized for its diverse range of products including tools, outdoor products, and engineered fastener systems [1] Company Overview - The company primarily serves various markets such as construction (both residential and non-residential), automotive, aerospace, and general industrial sectors [1]