Wall Street Zen Upgrades Stanley Black & Decker (NYSE:SWK) to “Buy”

Stanley Black & Decker (NYSE:SWK) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other analysts have also recently issued reports on SWK. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a research report on Thursday, April 30th. Argus raised Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. 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 report on Friday, February 6th. Morgan Stanley increased their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Finally, Wells Fargo & Company increased their target price on Stanley Black & Decker from $75.00 to $80.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and a consensus price target of $87.67.

Stanley Black & Decker Trading Down 0.1%

SWK opened at $80.98 on Friday. The stock’s fifty day moving average is $74.11 and its two-hundred day moving average is $75.59. The company has a market capitalization of $12.59 billion, a P/E ratio of 33.19, a PEG ratio of 1.15 and a beta of 1.20. Stanley Black & Decker has a 52 week low of $61.90 and a 52 week high of $93.37. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.Stanley Black & Decker’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts forecast that Stanley Black & Decker will post 5.28 earnings per share for the current year.

Institutional Trading of Stanley Black & Decker

Institutional investors have recently made changes to their positions in the business. GoalVest Advisory LLC acquired a new stake in shares of Stanley Black & Decker in the 4th quarter worth $26,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter worth $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter worth $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker in the 4th quarter worth $28,000. Finally, Sentry Investment Management LLC acquired a new stake in Stanley Black & Decker during the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

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.