Stanley Black & Decker (NYSE:SWK) Upgraded at Argus

Stanley Black & Decker (NYSE:SWK) was upgraded by equities research analysts at Argus to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on the company. Barclays reissued an “overweight” rating and issued a $100.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. 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. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a report on Monday, December 22nd. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Finally, Citigroup increased their price objective on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and an average target price of $87.00.

Stanley Black & Decker Trading Up 2.1%

SWK opened at $91.70 on Tuesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35. Stanley Black & Decker has a fifty-two week low of $53.91 and a fifty-two week high of $93.09. The company’s 50 day moving average price is $78.79 and its two-hundred day moving average price is $74.07. The firm has a market capitalization of $14.20 billion, a price-to-earnings ratio of 34.60, a PEG ratio of 1.27 and a beta of 1.21.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. Stanley Black & Decker’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Norges Bank purchased a new position in Stanley Black & Decker in the fourth quarter worth $133,961,000. Ameriprise Financial Inc. raised its stake in shares of Stanley Black & Decker by 49.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after purchasing an additional 1,450,170 shares during the period. Freestone Grove Partners LP purchased a new position in shares of Stanley Black & Decker in the 3rd quarter worth about $95,602,000. Strive Asset Management LLC purchased a new stake in Stanley Black & Decker during the third quarter worth about $78,480,000. Finally, Clean Energy Transition LLP raised its position in Stanley Black & Decker by 56.8% in the third quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after acquiring an additional 1,013,756 shares during the period. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Company Profile

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.