Stanley Black & Decker (NYSE:SWK) Reaches New 1-Year High – What’s Next?

Stanley Black & Decker, Inc. (NYSE:SWK) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $93.50 and last traded at $92.7330, with a volume of 365929 shares changing hands. The stock had previously closed at $89.66.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Barclays dropped their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Finally, Morgan Stanley cut their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Trading Up 2.3%

The stock has a market cap of $14.26 billion, a PE ratio of 37.59, a PEG ratio of 1.17 and a beta of 1.19. The company’s fifty day moving average is $78.63 and its 200-day moving average is $78.33. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share 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%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts predict that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Institutional Trading of Stanley Black & Decker

A number of hedge funds have recently added to or reduced their stakes in the company. Cardinal Point Capital Management ULC boosted its stake in shares of Stanley Black & Decker by 2.7% during the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 125 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Stanley Black & Decker by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after purchasing an additional 126 shares in the last quarter. Boothbay Fund Management LLC raised its holdings in Stanley Black & Decker by 4.0% in the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 132 shares during the period. Bessemer Group Inc. boosted its position in Stanley Black & Decker by 1.5% during the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock worth $654,000 after purchasing an additional 134 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in Stanley Black & Decker by 19.9% in the first quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after purchasing an additional 146 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

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.