Stanley Black & Decker, Inc. (NYSE:SWK) Receives $88.44 Average Target Price from Analysts

by · The Markets Daily

Shares of Stanley Black & Decker, Inc. (NYSE:SWK – Get Free Report) have received an average recommendation of “Hold” from the twelve analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $88.4444.

SWK has been the subject of several research reports. Morgan Stanley lowered their target price on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Wells Fargo & Company boosted their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, June 18th. Wall Street Zen raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Barclays lowered their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st.

Check Out Our Latest Research Report on Stanley Black & Decker

Stanley Black & Decker Trading Down 0.3%

Shares of NYSE SWK opened at $91.99 on Monday. Stanley Black & Decker has a 1-year low of $61.90 and a 1-year high of $93.50. The company has a 50-day moving average of $79.52 and a two-hundred day moving average of $78.56. The company has a market cap of $14.30 billion, a PE ratio of 37.70, a P/E/G ratio of 1.29 and a beta of 1.19. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the business posted $0.75 earnings per share. Stanley Black & Decker’s revenue for the quarter was up 2.7% 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, equities analysts expect that Stanley Black & Decker will post 5.35 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were given a dividend of $0.83 per share. The ex-dividend date was Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 3.6%. Stanley Black & Decker’s payout ratio is presently 136.07%.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Stanley Black & Decker in the fourth quarter valued at about $133,961,000. Ameriprise Financial Inc. increased its stake in shares of Stanley Black & Decker by 49.5% in 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 acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at approximately $95,602,000. Alyeska Investment Group L.P. boosted its stake 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 during the last quarter. Finally, Strive Asset Management LLC bought a new position in Stanley Black & Decker during the 3rd quarter worth approximately $78,480,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Company Profile

(Get Free Report)

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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