Stanley Black & Decker, Inc. (NYSE:SWK) Given Average Rating of “Hold” by Brokerages

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have received a consensus rating of “Hold” from the twelve ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $86.3333.

SWK has been the topic of several analyst reports. Morgan Stanley upped their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Barclays reduced their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Robert W. Baird upped their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Finally, Wells Fargo & Company increased their price target 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.

Hedge Funds Weigh In On Stanley Black & Decker

A number of institutional investors and hedge funds have recently modified their holdings of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock worth $1,203,000 after buying an additional 559 shares in the last quarter. Empowered Funds LLC boosted its holdings 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 buying an additional 353 shares in the last quarter. Focus Partners Wealth raised its position in shares of Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares during the period. CW Advisors LLC acquired a new position in shares of Stanley Black & Decker during the second quarter worth approximately $249,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Stanley Black & Decker by 53.6% during the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 345 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $67.55 on Wednesday. The business’s 50 day simple moving average is $78.91 and its 200 day simple moving average is $75.12. Stanley Black & Decker has a one year low of $53.91 and a one year high of $93.37. The stock has a market capitalization of $10.49 billion, a PE ratio of 25.49, a PEG ratio of 0.98 and a beta of 1.20. 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 earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The business had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the business posted $1.49 earnings per share. The firm’s revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts forecast that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio is presently 125.28%.

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.