Stanley Black & Decker (NYSE:SWK – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday.
Several other research firms have also commented on SWK. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Citigroup boosted their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Wells Fargo & Company increased their price target on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Finally, UBS Group decreased their price objective on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Four research 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $86.89.
Read Our Latest Stock Report on Stanley Black & Decker
Stanley Black & Decker Price Performance
Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its 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 firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts expect that Stanley Black & Decker will post 5.16 EPS for the current year.
Institutional Investors Weigh In On Stanley Black & Decker
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Stanley Black & Decker by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after purchasing an additional 559 shares during the period. Empowered Funds LLC raised its position in shares of Stanley Black & Decker by 8.2% during the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 353 shares during the last quarter. Focus Partners Wealth lifted its stake in Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after buying an additional 1,105 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Stanley Black & Decker by 4.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,163,478 shares of the industrial products company’s stock worth $78,826,000 after buying an additional 54,414 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in Stanley Black & Decker by 8.1% in the 2nd quarter. Prudential Financial Inc. now owns 92,084 shares of the industrial products company’s stock worth $6,239,000 after buying an additional 6,937 shares during the last quarter. Hedge funds and other 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.
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