Stanley Black & Decker (NYSE:SWK) Reaches New 52-Week High – Should You Buy?

Stanley Black & Decker, Inc. (NYSE:SWK)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $93.50 and last traded at $92.7330, with a volume of 365929 shares trading hands. The stock had previously closed at $89.66.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SWK. Morgan Stanley reduced their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Wells Fargo & Company raised 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 note on Thursday, June 18th. JPMorgan Chase & Co. boosted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus target price of $88.44.

Stanley Black & Decker Stock Up 2.3%

The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 37.59, a price-to-earnings-growth ratio of 1.17 and a beta of 1.19. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The business’s 50-day moving average is $78.63 and its two-hundred day moving average is $78.33.

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

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were paid a $0.83 dividend. The ex-dividend date of this dividend 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 (DPR) is 136.07%.

Institutional Investors Weigh In On Stanley Black & Decker

A number of hedge funds have recently modified their holdings of SWK. Capital Research Global Investors lifted its holdings in Stanley Black & Decker by 0.9% in the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock valued at $949,050,000 after acquiring an additional 116,302 shares during the last quarter. Douglas Lane & Associates LLC raised its position in Stanley Black & Decker by 47.4% in 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 purchasing an additional 34,365 shares during the period. Polianta Ltd acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at $1,611,000. Neo Ivy Capital Management grew its holdings in shares of Stanley Black & Decker by 314.0% during 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 period. Finally, Ameritas Investment Partners Inc. raised its holdings 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 valued at $1,278,000 after buying an additional 15,730 shares during the period. 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.