Stanley Black & Decker (NYSE:SWK) Upgraded at Argus

Argus upgraded shares of Stanley Black & Decker (NYSE:SWK) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Other analysts also recently issued research reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Citigroup upped their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Barclays reissued an “overweight” rating and issued a $100.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Morgan Stanley set a $88.00 target price on shares of Stanley Black & Decker in a research report on Monday, December 22nd. Finally, Robert W. Baird increased their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $87.00.

Stanley Black & Decker Price Performance

Shares of Stanley Black & Decker stock opened at $89.60 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. The firm has a fifty day simple moving average of $79.50 and a 200-day simple moving average of $74.29. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 33.81, a PEG ratio of 1.31 and a beta of 1.21. Stanley Black & Decker has a 1-year low of $53.91 and a 1-year high of $93.37.

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, topping the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the firm posted $1.49 EPS. The business’s quarterly 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. On average, sell-side analysts expect that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Institutional Trading of Stanley Black & Decker

Several institutional investors have recently made changes to their positions in SWK. Advisors Asset Management Inc. raised its holdings in shares of Stanley Black & Decker by 28.8% in the 4th quarter. Advisors Asset Management Inc. now owns 68,777 shares of the industrial products company’s stock worth $5,109,000 after buying an additional 15,372 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its position in Stanley Black & Decker by 10.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 14,592 shares of the industrial products company’s stock valued at $1,084,000 after acquiring an additional 1,374 shares during the period. New South Capital Management Inc. raised its stake in Stanley Black & Decker by 0.3% during the fourth quarter. New South Capital Management Inc. now owns 187,569 shares of the industrial products company’s stock worth $13,933,000 after acquiring an additional 607 shares in the last quarter. HRT Financial LP bought a new position in shares of Stanley Black & Decker during the fourth quarter valued at $7,231,000. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of Stanley Black & Decker by 24.6% in the 4th quarter. Orion Porfolio Solutions LLC now owns 4,577 shares of the industrial products company’s stock valued at $340,000 after purchasing an additional 903 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

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.