Wells Fargo & Company Has Lowered Expectations for Stanley Black & Decker (NYSE:SWK) Stock Price

Stanley Black & Decker (NYSE:SWK) had its price target cut by investment analysts at Wells Fargo & Company from $82.00 to $75.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 2.16% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. UBS Group decreased their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Barclays decreased their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Robert W. Baird lifted their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 23rd. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $85.56.

Stanley Black & Decker Trading Up 2.7%

Shares of SWK stock opened at $73.41 on Wednesday. Stanley Black & Decker has a 1 year low of $55.38 and a 1 year high of $93.37. The firm’s fifty day simple moving average is $78.65 and its 200 day simple moving average is $75.09. The firm has a market capitalization of $11.40 billion, a P/E ratio of 27.70, a price-to-earnings-growth ratio of 1.03 and a beta of 1.20. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts predict that Stanley Black & Decker will post 5.16 EPS for the current year.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently made changes to their positions in the company. Cardinal Point Capital Management ULC raised its holdings in shares of 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 during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Stanley Black & Decker by 2.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after buying an additional 126 shares during the last quarter. Boothbay Fund Management LLC raised its holdings in shares of Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock valued at $258,000 after buying an additional 132 shares during the last quarter. Martin Capital Partners LLC raised its holdings in shares of Stanley Black & Decker by 2.1% in the fourth quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock valued at $539,000 after buying an additional 152 shares during the last quarter. Finally, Greenwood Capital Associates LLC raised its holdings in Stanley Black & Decker by 1.1% during the 3rd quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 159 shares during the last quarter. Institutional investors and hedge funds 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.