Stanley Black & Decker (NYSE:SWK) Price Target Raised to $85.00

Stanley Black & Decker (NYSE:SWK) had its price target boosted by Robert W. Baird from $75.00 to $85.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. Robert W. Baird’s price objective suggests a potential upside of 12.96% from the company’s current price.

SWK has been the topic of several other reports. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, October 8th. Wells Fargo & Company cut their price target on Stanley Black & Decker from $80.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. Wall Street Zen cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Morgan Stanley set a $88.00 price objective on Stanley Black & Decker in a report on Monday. Finally, UBS Group raised their target price on Stanley Black & Decker from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $87.33.

Stanley Black & Decker Trading Up 3.4%

SWK stock opened at $75.25 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 1.11 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a twelve month low of $53.91 and a twelve month high of $91.06. The company has a market cap of $11.65 billion, a P/E ratio of 26.04, a PEG ratio of 2.06 and a beta of 1.20. The business has a fifty day moving average of $69.74 and a 200-day moving average of $71.10.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, June 30th. The industrial products company reported $2.85 EPS for the quarter. The firm had revenue of $3.72 billion during the quarter. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%. As a group, equities research analysts expect that Stanley Black & Decker will post 5.16 EPS for the current year.

Hedge Funds Weigh In On Stanley Black & Decker

Several institutional investors and hedge funds have recently modified their holdings of the business. Princeton Global Asset Management LLC acquired a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $25,000. 1248 Management LLC bought a new stake in shares of Stanley Black & Decker during the first quarter worth $26,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker during the second quarter worth $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker in the 2nd quarter valued at $28,000. Finally, Hanson & Doremus Investment Management acquired a new position in Stanley Black & Decker in the 3rd quarter worth $30,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stanley Black & Decker News

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: SWK agreed to sell its Consolidated Aerospace Manufacturing business to Howmet Aerospace for approximately $1.8 billion in cash — the headline catalyst that pushed shares higher because it immediately crystallizes significant cash value from a non-core asset. Stanley Black & Decker Announces Agreement to Sell Consolidated Aerospace Manufacturing Business to Howmet Aerospace for $1.8 Billion
• Positive Sentiment: Management and analysts expect SWK to use proceeds to pay down debt and reduce leverage — a balance-sheet move investors view as lowering financial risk and supporting the dividend. Stanley Black & Decker (SWK) Sells Aerospace Unit for $1.8 Billion
• Positive Sentiment: Coverage notes the deal eases investor fears about a potential dividend cut — narratives from commentators frame the sale as a turning point that preserves the company’s income-profile. Why Stanley Black & Decker Stock Jumped Today
• Positive Sentiment: Some investors and analysts now view SWK as an attractively priced income name after the de-risking move, with bullish commentary suggesting this is a buying opportunity for dividend-focused investors. Stanley Black & Decker: Good Opportunity To Buy A Quality Income Asset On The Cheap
• Neutral Sentiment: Market scanners and trading desks flagged notable activity and volume in SWK as news broke — increased liquidity can amplify intraday moves but does not change fundamentals by itself. Stanley Black & Decker (NYSE:SWK) Sees Notable Market Activity
• Neutral Sentiment: The buyer, Howmet Aerospace, highlighted favorable tax treatment and strategic fit for its aerospace fastener portfolio — news that clarifies the counterparty and structure but is primarily relevant to Howmet. Howmet Aerospace to Acquire Consolidated Aerospace Manufacturing from Stanley Black & Decker for approximately $1.8 Billion
• Negative Sentiment: The divestiture removes a revenue-generating aerospace business from SWK’s portfolio, so long-term revenue/earnings growth could be modestly affected depending on what management does with freed capacity and capital; the net impact depends on redeployment of cash. Why Stanley Black & Decker Stock is Surging Monday

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.