Stanley Black & Decker (NYSE:SWK) Hits New 1-Year High – Here’s Why

Stanley Black & Decker, Inc. (NYSE:SWK)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $93.37 and last traded at $90.5680, with a volume of 1742012 shares trading hands. The stock had previously closed at $91.76.

Analysts Set New Price Targets

Several brokerages recently commented on SWK. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Citigroup increased their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Morgan Stanley set a $88.00 price target on Stanley Black & Decker in a research report on Monday, December 22nd. Finally, 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. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and an average target price of $87.00.

Stanley Black & Decker Price Performance

The company has a market cap of $14.10 billion, a P/E ratio of 34.35, a P/E/G ratio of 1.29 and a beta of 1.21. The stock has a 50-day simple moving average of $79.87 and a 200 day simple moving average of $74.41. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period in the prior year, the company posted $1.49 earnings per share. Stanley Black & Decker’s 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, equities analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Tred Avon Family Wealth LLC bought a new stake in Stanley Black & Decker during the third quarter worth about $939,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of Stanley Black & Decker by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock worth $237,813,000 after acquiring an additional 17,084 shares in the last quarter. Godsey & Gibb Inc. grew its position in Stanley Black & Decker by 14.6% during the 3rd quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after acquiring an additional 27,140 shares during the last quarter. Baird Financial Group Inc. increased its holdings in Stanley Black & Decker by 773.1% during the 2nd quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock valued at $3,610,000 after purchasing an additional 47,176 shares in the last quarter. Finally, ProShare Advisors LLC raised its position in Stanley Black & Decker by 38.8% in the 2nd quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after purchasing an additional 761,191 shares during the last quarter. Institutional investors and hedge funds 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.