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

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $87.3333.

A number of equities research analysts have issued reports on the stock. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a report on Monday, December 22nd. UBS Group dropped their target price on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a report on Monday, January 5th. Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Robert W. Baird increased their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Finally, Wells Fargo & Company upped their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th.

Stanley Black & Decker Price Performance

SWK opened at $83.70 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35. Stanley Black & Decker has a 1 year low of $53.91 and a 1 year high of $91.06. The stock’s 50 day simple moving average is $74.67 and its 200 day simple moving average is $72.99. The firm has a market cap of $12.96 billion, a price-to-earnings ratio of 28.96, a PEG ratio of 1.15 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.24. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The firm had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The business’s quarterly revenue was up .1% compared to the same quarter last year. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. As a group, analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were issued a $0.83 dividend. The ex-dividend date was Monday, December 1st. This represents a $3.32 annualized dividend and a yield of 4.0%. Stanley Black & Decker’s dividend payout ratio is 114.88%.

Hedge Funds Weigh In On Stanley Black & Decker

Several hedge funds and other institutional investors have recently modified their holdings of SWK. Princeton Global Asset Management LLC purchased a new stake in Stanley Black & Decker in the second quarter worth about $25,000. GoalVest Advisory LLC bought a new position in shares of Stanley Black & Decker in the 4th quarter worth approximately $26,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in shares of Stanley Black & Decker during the second quarter valued at approximately $28,000. Finally, Hanson & Doremus Investment Management purchased a new stake in Stanley Black & Decker in the third quarter worth $30,000. 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.