Analysts Set Stanley Black & Decker, Inc. (NYSE:SWK) PT at $92.25

Stanley Black & Decker, Inc. (NYSE:SWK) has earned an average rating of “Hold” from the ten analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $92.8750.

A number of equities research analysts recently issued reports on the stock. Morgan Stanley set a $96.00 price target on shares of Stanley Black & Decker in a research note on Monday, August 10th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 6th. Wells Fargo & Company upped their target price on shares of Stanley Black & Decker from $90.00 to $95.00 and gave the company an “equal weight” rating in a research report on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $93.00 price target on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Finally, Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $89.11 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $13.46 billion, a P/E ratio of 21.73, a P/E/G ratio of 1.37 and a beta of 1.17. Stanley Black & Decker has a 12 month low of $61.90 and a 12 month high of $104.68. The business’s 50-day moving average is $95.16 and its 200 day moving average is $83.98.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the prior year, the company earned $1.08 earnings per share. The firm’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts forecast that Stanley Black & Decker will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.8%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 81.95%.

Institutional Trading of Stanley Black & Decker

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker during the second quarter worth $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker during the second quarter valued at $28,000. Kovack Advisors Inc. purchased a new stake in shares of Stanley Black & Decker in the fourth quarter valued at $28,000. Motiv8 Investments LLC bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $31,000. Finally, Compass Financial Management LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

About Stanley Black & Decker

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related storage solutions. The company serves professional contractors, industrial users and consumers with power tools, hand tools, accessories, tool storage systems and outdoor equipment.

Its portfolio includes well-known brands such as DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER. Products are sold through retailers, distributors and direct commercial channels, supporting construction, manufacturing, maintenance, do-it-yourself and outdoor applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation, combining businesses with roots dating to the 19th century.