Stanley Black & Decker, Inc. (NYSE:SWK) Receives Consensus Rating of “Hold” from Brokerages

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been given an average recommendation of “Hold” by the eleven brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $91.5556.

Several research analysts recently issued reports on the company. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Citigroup increased their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a research note on Monday, August 10th. Finally, Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a report on Thursday, April 30th.

Hedge Funds Weigh In On Stanley Black & Decker

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the second quarter worth $28,000. Kovack Advisors Inc. bought a new stake in Stanley Black & Decker during the 4th quarter valued at $28,000. Motiv8 Investments LLC purchased a new position in shares of Stanley Black & Decker in the 4th quarter valued at $31,000. Finally, Compass Financial Management LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth $31,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $101.95 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The stock has a market cap of $15.40 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16. The firm has a 50-day moving average of $91.20 and a two-hundred day moving average of $82.52. Stanley Black & Decker has a 1 year low of $61.90 and a 1 year high of $104.68.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period last year, the company posted $1.08 earnings per share. The company’s quarterly revenue was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts forecast that Stanley Black & Decker will post 5.53 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a yield of 3.3%. Stanley Black & Decker’s payout ratio is 81.95%.

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.