Stanley Black & Decker (NYSE:SWK) Given New $75.00 Price Target at JPMorgan Chase & Co.

Stanley Black & Decker (NYSE:SWKFree Report) had its price target increased by JPMorgan Chase & Co. from $65.00 to $75.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an underweight rating on the industrial products company’s stock.

Other analysts have also recently issued reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Citigroup upped their price objective on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Argus raised shares of Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Morgan Stanley increased their price objective on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and an average price target of $87.67.

Read Our Latest Stock Report on Stanley Black & Decker

Stanley Black & Decker Stock Up 0.5%

Shares of Stanley Black & Decker stock traded up $0.40 during midday trading on Friday, hitting $78.56. The company’s stock had a trading volume of 2,181,706 shares, compared to its average volume of 2,430,566. Stanley Black & Decker has a 1-year low of $58.23 and a 1-year high of $93.37. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $12.20 billion, a P/E ratio of 32.20, a PEG ratio of 1.12 and a beta of 1.20. The stock has a 50-day simple moving average of $74.71 and a 200-day simple moving average of $75.21.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the business earned $0.75 EPS. 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, sell-side analysts expect that Stanley Black & Decker will post 5.22 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

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

Institutional Investors Weigh In On Stanley Black & Decker

A number of large investors have recently bought and sold shares of SWK. Castleview Partners LLC increased its position in Stanley Black & Decker by 19.4% during the first quarter. Castleview Partners LLC now owns 6,542 shares of the industrial products company’s stock worth $465,000 after buying an additional 1,065 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of Stanley Black & Decker by 1,894.2% in the first quarter. Fifth Third Bancorp now owns 154,867 shares of the industrial products company’s stock worth $11,005,000 after buying an additional 147,101 shares during the last quarter. Equitable Trust Co. bought a new stake in shares of Stanley Black & Decker during the 1st quarter worth about $463,000. Kestra Advisory Services LLC increased its holdings in shares of Stanley Black & Decker by 7.4% during the 1st quarter. Kestra Advisory Services LLC now owns 23,478 shares of the industrial products company’s stock valued at $1,668,000 after acquiring an additional 1,611 shares during the last quarter. Finally, Greenwood Capital Associates LLC raised its stake in shares of Stanley Black & Decker by 19.6% in the 1st quarter. Greenwood Capital Associates LLC now owns 18,367 shares of the industrial products company’s stock valued at $1,305,000 after acquiring an additional 3,014 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

Key Stories Impacting Stanley Black & Decker

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About Stanley Black & Decker

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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.

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

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