Stanley Black & Decker, Inc. (NYSE:SWK) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have received an average recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $93.38.

A number of analysts recently weighed in on SWK shares. Wall Street Zen raised shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 6th. Citigroup lifted their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Morgan Stanley set a $100.00 target price on shares of Stanley Black & Decker in a research note on Tuesday. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Capital Research Global Investors increased its holdings in Stanley Black & Decker by 0.7% in the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock valued at $954,991,000 after purchasing an additional 88,402 shares during the last quarter. BlackRock Inc. bought a new position in Stanley Black & Decker during the second quarter worth about $1,006,417,000. State Street Corp grew its position in shares of Stanley Black & Decker by 5.0% during the 2nd quarter. State Street Corp now owns 8,751,801 shares of the industrial products company’s stock worth $823,720,000 after buying an additional 416,614 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Stanley Black & Decker by 1.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,976,851 shares of the industrial products company’s stock valued at $353,618,000 after acquiring an additional 92,573 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Stanley Black & Decker by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 4,041,089 shares of the industrial products company’s stock valued at $299,646,000 after acquiring an additional 203,200 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $89.96 on Wednesday. The business’s fifty day moving average is $95.31 and its two-hundred day moving average is $85.38. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The firm has a market cap of $13.59 billion, a P/E ratio of 21.94, a P/E/G ratio of 1.33 and a beta of 1.17. Stanley Black & Decker has a 52 week low of $61.90 and a 52 week high of $104.68.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the company posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts forecast that Stanley Black & Decker will post 5.58 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were paid a $0.84 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.7%. Stanley Black & Decker’s payout ratio is 81.95%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor power equipment and related storage solutions. Its products serve professional tradespeople, industrial customers and consumers across construction, maintenance, automotive, manufacturing and home-improvement markets.

The company’s portfolio includes power tools, hand tools, fasteners, tool storage systems and outdoor equipment. Its principal brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet, along with other brands serving professional and consumer applications.

Stanley Black & Decker traces its history to the founding of Stanley in 1843 and the establishment of Black & Decker in 1910.