Stanley Black & Decker, Inc. (NYSE:SWK) Receives Average Recommendation of “Hold” from Analysts

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned a consensus rating of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $88.4444.

A number of equities analysts have commented on the stock. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Barclays reduced their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Wall Street Zen upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Finally, Wells Fargo & Company increased their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SWK. Norges Bank acquired a new stake in shares of Stanley Black & Decker during the fourth quarter valued at about $133,961,000. Confluence Investment Management LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter worth approximately $126,909,000. Freestone Grove Partners LP purchased a new position in shares of Stanley Black & Decker during the 3rd quarter worth approximately $95,602,000. Alyeska Investment Group L.P. increased its holdings in Stanley Black & Decker by 5,996.4% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,191,540 shares of the industrial products company’s stock valued at $88,508,000 after purchasing an additional 1,171,995 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. raised its position in Stanley Black & Decker by 698.8% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 765,835 shares of the industrial products company’s stock valued at $56,886,000 after purchasing an additional 669,956 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $91.33 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’s fifty day moving average is $83.29 and its two-hundred day moving average is $80.15. The firm has a market capitalization of $14.20 billion, a P/E ratio of 37.43, a price-to-earnings-growth ratio of 1.23 and a beta of 1.16. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $95.16.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the company earned $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts anticipate that Stanley Black & Decker will post 5.35 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

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

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.