Stanley Black & Decker (NYSE:SWK) Raised to “Buy” at Wall Street Zen

Stanley Black & Decker (NYSE:SWK) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other equities research analysts have also recently commented on SWK. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. UBS Group decreased their price target on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Morgan Stanley boosted their price objective on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Wells Fargo & Company lifted their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $86.89.

Stanley Black & Decker Stock Performance

SWK stock opened at $67.21 on Friday. The company has a 50-day simple moving average of $82.13 and a 200 day simple moving average of $75.76. The company has a market capitalization of $10.44 billion, a P/E ratio of 25.36, a PEG ratio of 0.99 and a beta of 1.18. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a fifty-two week low of $53.91 and a fifty-two week high of $93.37.

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

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently modified their holdings of the stock. Hsbc Holdings PLC raised its position in shares of Stanley Black & Decker by 37.3% during the fourth quarter. Hsbc Holdings PLC now owns 242,508 shares of the industrial products company’s stock worth $18,040,000 after purchasing an additional 65,834 shares during the period. World Investment Advisors purchased a new position in Stanley Black & Decker in the 4th quarter worth about $498,000. Corient Private Wealth LLC raised its holdings in Stanley Black & Decker by 135.4% during the 4th quarter. Corient Private Wealth LLC now owns 27,624 shares of the industrial products company’s stock worth $2,066,000 after buying an additional 15,887 shares during the period. Invesco Ltd. lifted its stake in Stanley Black & Decker by 9.7% during the fourth quarter. Invesco Ltd. now owns 3,328,893 shares of the industrial products company’s stock valued at $247,270,000 after buying an additional 294,887 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in Stanley Black & Decker by 41.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 9,933 shares of the industrial products company’s stock valued at $738,000 after buying an additional 2,903 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

About Stanley Black & Decker

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.