Stanley Black & Decker, Inc. (NYSE:SWK) Receives $87.33 Average Price Target from Analysts

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have received an average rating of “Hold” from the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $87.3333.

A number of brokerages recently issued reports on SWK. Morgan Stanley set a $88.00 price target on Stanley Black & Decker in a research report on Monday, December 22nd. Robert W. Baird upped their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. UBS Group reduced their target price on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company boosted their price target on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $82.45 on Friday. Stanley Black & Decker has a 52 week low of $53.91 and a 52 week high of $91.06. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.11. The firm’s 50-day simple moving average is $75.01 and its 200 day simple moving average is $73.09. The firm has a market cap of $12.77 billion, a price-to-earnings ratio of 28.53, a P/E/G ratio of 1.13 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.24. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the prior year, the business posted $1.22 EPS. The business’s revenue was up .1% compared to the same quarter last year. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. As a group, sell-side analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were given a dividend of $0.83 per share. The ex-dividend date was Monday, December 1st. This represents a $3.32 annualized dividend and a dividend yield of 4.0%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 114.88%.

Institutional Investors Weigh In On Stanley Black & Decker

A number of large investors have recently modified their holdings of the business. Princeton Global Asset Management LLC acquired a new position in shares of Stanley Black & Decker during the 2nd quarter worth $25,000. GoalVest Advisory LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new position in shares of Stanley Black & Decker in the second quarter worth about $28,000. Finally, Hanson & Doremus Investment Management acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at approximately $30,000. 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.