Stanley Black & Decker (NYSE:SWK) Stock Price Target Raised at Wells Fargo & Company

Stanley Black & Decker (NYSE:SWK) had its price target raised by Wells Fargo & Company from $90.00 to $115.00 in a report issued on Thursday,Benzinga reports. The firm currently has an equal weight rating on the industrial products company’s stock.

A number of other equities analysts have also recently issued reports on SWK. Deutsche Bank Aktiengesellschaft boosted their price objective on Stanley Black & Decker from $93.00 to $97.00 and gave the company a “hold” rating in a report on Wednesday, September 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Stanley Black & Decker in a research report on Thursday, October 29th. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 target price (up from $82.00) on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Robert W. Baird boosted their target price on shares of Stanley Black & Decker from $84.00 to $102.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 24th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus price target of $100.09.

Stanley Black & Decker Stock Down 2.4%

Shares of NYSE SWK opened at $115.44 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.42 and a quick ratio of 0.55. The company has a market cap of $17.43 billion, a P/E ratio of 19.43, a PEG ratio of 1.75 and a beta of 1.15. Stanley Black & Decker has a 1 year low of $61.90 and a 1 year high of $122.68. The firm has a 50-day simple moving average of $94.40 and a two-hundred day simple moving average of $86.15.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, November 4th. The industrial products company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.76. Stanley Black & Decker had a return on equity of 10.22% and a net margin of 5.53%. The firm had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Research analysts anticipate that Stanley Black & Decker will post 5.59 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, December 1st. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Illinois Municipal Retirement Fund bought a new stake in Stanley Black & Decker during the third quarter valued at about $5,844,000. Allspring Global Investments Holdings LLC lifted its position in shares of Stanley Black & Decker by 213.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 26,150 shares of the industrial products company’s stock valued at $2,343,000 after buying an additional 17,811 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 13.8% in the 3rd quarter. Parallel Advisors LLC now owns 2,322 shares of the industrial products company’s stock valued at $206,000 after buying an additional 282 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in shares of Stanley Black & Decker by 119.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 12,405 shares of the industrial products company’s stock worth $1,231,000 after buying an additional 6,742 shares during the last quarter. Finally, Sound Financial Strategies Group LLC raised its stake in shares of Stanley Black & Decker by 34.7% during the 3rd quarter. Sound Financial Strategies Group LLC now owns 4,844 shares of the industrial products company’s stock worth $429,000 after acquiring an additional 1,249 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Stanley Black & Decker

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: Citigroup raised its price target to $140 from $107 and reiterated a Buy rating, signaling substantial upside in the firm’s view. Citigroup price target update
• Positive Sentiment: Stanley Black & Decker authorized an additional $1 billion share-repurchase program, following $250 million in buybacks during Q3. Buybacks can support shareholder returns and per-share results. Share repurchase announcement
• Positive Sentiment: Q3 adjusted EPS of $2.31 beat analysts’ expectations, and the company raised its 2026 EPS and free-cash-flow outlook. Management also reported ongoing organic growth and margin expansion excluding tariff-refund benefits. Q3 2026 results
• Neutral Sentiment: Analyst views are mixed: Baird lifted its target to $115, while Wells Fargo raised its target to $115 but maintained an Equal Weight rating. Baird price target update
• Negative Sentiment: Some of the quarterly earnings and outlook improvement came from additional tariff refunds, which may not recur. Revenue of $3.73 billion was also slightly below estimates, while higher steel and component costs have prompted plans for 2027 price increases. Costs and planned price increases

About Stanley Black & Decker

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.