Stanley Black & Decker, Inc. (NYSE:SWK) Stock Has Consensus Target Price of $92.88 According to Brokerages

Stanley Black & Decker, Inc. (NYSE:SWK) has received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $92.88.

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Stanley Black & Decker from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, September 11th. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research note on Monday, August 10th. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Finally, Citigroup raised their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, July 31st.

Institutional Investors Weigh In On Stanley Black & Decker

Several hedge funds have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. grew its position in shares of Stanley Black & Decker by 20.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 44,411 shares of the industrial products company’s stock valued at $4,180,000 after purchasing an additional 7,399 shares during the last quarter. State Street Corp lifted its holdings in Stanley Black & Decker by 5.0% during the 2nd quarter. State Street Corp now owns 8,751,801 shares of the industrial products company’s stock worth $823,720,000 after purchasing an additional 416,614 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Stanley Black & Decker by 69.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 19,608 shares of the industrial products company’s stock worth $1,846,000 after buying an additional 8,023 shares during the period. Nykredit A S bought a new stake in shares of Stanley Black & Decker in the second quarter valued at about $166,378,000. Finally, Allianz Asset Management GmbH acquired a new position in shares of Stanley Black & Decker in the second quarter valued at about $6,287,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK opened at $91.39 on Wednesday. The firm has a market cap of $13.80 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 1.36 and a beta of 1.17. The company’s 50-day moving average price is $95.49 and its 200 day moving average price is $85.10. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $104.68. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

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 the consensus estimate 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 firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the business earned $1.08 earnings per share. Stanley Black & Decker’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. As a group, sell-side analysts expect that Stanley Black & Decker will post 5.58 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were issued a dividend of $0.84 per share. The ex-dividend date was Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.7%. Stanley Black & Decker’s dividend payout ratio is presently 81.95%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor power equipment and related storage solutions. Its products serve professional tradespeople, industrial customers and consumers across construction, maintenance, automotive, manufacturing and home-improvement markets.

The company’s portfolio includes power tools, hand tools, fasteners, tool storage systems and outdoor equipment. Its principal brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet, along with other brands serving professional and consumer applications.

Stanley Black & Decker traces its history to the founding of Stanley in 1843 and the establishment of Black & Decker in 1910.