Barclays 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 Barclays from $100.00 to $95.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the industrial products company’s stock. Barclays‘s target price indicates a potential upside of 38.39% from the company’s previous close.

A number of other brokerages have also recently issued reports on SWK. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Wells Fargo & Company lifted their price target on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group reissued 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 raised 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $86.33.

Stanley Black & Decker Trading Down 3.5%

SWK stock opened at $68.65 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The company has a market cap of $10.66 billion, a price-to-earnings ratio of 25.90, a PEG ratio of 1.02 and a beta of 1.20. The business has a fifty day simple moving average of $79.74 and a 200-day simple moving average of $75.37. Stanley Black & Decker has a 52 week low of $53.91 and a 52 week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last issued its 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. The firm had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts expect that Stanley Black & Decker will post 5.16 EPS for the current year.

Hedge Funds Weigh In On Stanley Black & Decker

A number of institutional investors have recently made changes to their positions in SWK. Norges Bank acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $133,961,000. Ameriprise Financial Inc. boosted its stake in Stanley Black & Decker by 49.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock valued at $325,541,000 after acquiring an additional 1,450,170 shares during the last quarter. Freestone Grove Partners LP bought a new position in Stanley Black & Decker during the 3rd quarter valued at $95,602,000. Alyeska Investment Group L.P. grew its holdings in Stanley Black & Decker by 5,996.4% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,191,540 shares of the industrial products company’s stock worth $88,508,000 after acquiring an additional 1,171,995 shares in the last quarter. Finally, Strive Asset Management LLC bought a new stake in shares of Stanley Black & Decker in the 3rd quarter worth about $78,480,000. 87.77% of the stock is owned by institutional investors and hedge funds.

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.