Wall Street Zen Upgrades Stanley Black & Decker (NYSE:SWK) to “Buy”

Stanley Black & Decker (NYSE:SWK) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities research analysts have also recently commented on SWK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Wells Fargo & Company boosted their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday. Morgan Stanley decreased their price target on shares of 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. Barclays lowered their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Finally, Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $88.44.

Stanley Black & Decker Price Performance

SWK opened at $86.69 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The stock has a market capitalization of $13.48 billion, a PE ratio of 35.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.19. The stock’s 50 day moving average price is $77.79 and its 200-day moving average price is $77.97. Stanley Black & Decker has a 52-week low of $61.90 and a 52-week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts predict that Stanley Black & Decker will post 5.32 EPS for the current year.

Institutional Investors Weigh In On Stanley Black & Decker

Hedge funds have recently bought and sold shares of the business. Capital Research Global Investors increased its position in Stanley Black & Decker by 0.9% during the 3rd quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock valued at $949,050,000 after buying an additional 116,302 shares in the last quarter. Douglas Lane & Associates LLC increased its holdings in shares of Stanley Black & Decker by 47.4% during the fourth quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock valued at $7,937,000 after acquiring an additional 34,365 shares in the last quarter. Polianta Ltd purchased a new position in shares of Stanley Black & Decker in the 4th quarter worth about $1,611,000. Neo Ivy Capital Management raised its position in shares of Stanley Black & Decker by 314.0% in the 3rd quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after purchasing an additional 13,264 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in Stanley Black & Decker by 1,077.4% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 17,190 shares of the industrial products company’s stock worth $1,278,000 after purchasing an additional 15,730 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

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.