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

Shares of Stanley Black & Decker, Inc. (NYSE:SWKGet Free Report) have been given an average recommendation of “Hold” by the twelve analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $87.3333.

Several brokerages have recently weighed in on SWK. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Barclays cut their price target 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. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Finally, Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th.

Get Our Latest Stock Analysis on SWK

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Allen Capital Group LLC grew its holdings in shares of Stanley Black & Decker by 6.8% in the first quarter. Allen Capital Group LLC now owns 44,227 shares of the industrial products company’s stock worth $3,143,000 after purchasing an additional 2,823 shares during the last quarter. Glenmede Trust Co. NA grew its holdings in Stanley Black & Decker by 7.8% during the 1st quarter. Glenmede Trust Co. NA now owns 6,636 shares of the industrial products company’s stock worth $472,000 after acquiring an additional 482 shares in the last quarter. Essential Partners LLC grew its holdings in Stanley Black & Decker by 190.3% during the 1st quarter. Essential Partners LLC now owns 932 shares of the industrial products company’s stock worth $66,000 after acquiring an additional 611 shares in the last quarter. Kentucky Retirement Systems bought a new position in Stanley Black & Decker during the 1st quarter worth about $911,000. Finally, Bull Harbor Capital LLC bought a new position in Stanley Black & Decker during the 1st quarter worth about $215,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Trading Down 1.6%

Shares of SWK opened at $78.13 on Thursday. Stanley Black & Decker has a twelve month low of $61.90 and a twelve month high of $93.37. The company has a market cap of $12.15 billion, a P/E ratio of 32.02, a P/E/G ratio of 1.12 and a beta of 1.19. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The company’s fifty day simple moving average is $74.39 and its 200-day simple moving average is $76.60.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts expect that Stanley Black & Decker will post 5.32 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be issued a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.2%. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

About Stanley Black & Decker

(Get Free Report)

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.

See Also

Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.