Stanley Black & Decker (NYSE:SWK) Raised to Hold at Argus

Stanley Black & Decker (NYSE:SWK) was upgraded by analysts at Argus to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities research analysts also recently commented on SWK. Citigroup raised their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a report on Monday, December 22nd. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $87.00.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $90.57 on Tuesday. The stock’s 50-day moving average is $79.15 and its 200-day moving average is $74.19. The company has a market cap of $14.03 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 1.29 and a beta of 1.21. Stanley Black & Decker has a 12 month low of $53.91 and a 12 month high of $93.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35.

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

Institutional Trading of Stanley Black & Decker

Several hedge funds have recently made changes to their positions in SWK. Cardinal Point Capital Management ULC increased its position 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 worth $357,000 after buying an additional 125 shares during the period. Crossmark Global Holdings Inc. grew its position in shares of Stanley Black & Decker by 2.8% during the fourth 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 during the last quarter. Martin Capital Partners LLC increased its holdings in shares of Stanley Black & Decker by 2.1% in the 4th quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock worth $539,000 after acquiring an additional 152 shares during the period. Greenwood Capital Associates LLC lifted its position in Stanley Black & Decker by 1.1% in the 3rd quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock valued at $1,083,000 after purchasing an additional 159 shares during the last quarter. Finally, Dakota Wealth Management boosted its stake in Stanley Black & Decker by 1.3% during the 3rd quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company’s stock valued at $940,000 after purchasing an additional 160 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Company 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.