Stanley Black & Decker, Inc. (NYSE:SWK) Stock Has Average Price Target of $92.88

Stanley Black & Decker, Inc. (NYSE:SWK) has received an average recommendation of “Hold” from the ten analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $92.88.

A number of equities research analysts have commented on the company. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 6th. Wells Fargo & Company increased their price target on shares of Stanley Black & Decker from $90.00 to $95.00 and gave the company an “equal weight” rating in a report on Friday, September 11th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a report on Monday, August 10th. Finally, Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Stanley Black & Decker by 20.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 44,411 shares of the industrial products company’s stock worth $4,180,000 after acquiring an additional 7,399 shares during the last quarter. State Street Corp boosted its stake in shares of Stanley Black & Decker by 5.0% during the second quarter. State Street Corp now owns 8,751,801 shares of the industrial products company’s stock valued at $823,720,000 after acquiring an additional 416,614 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Stanley Black & Decker by 69.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 19,608 shares of the industrial products company’s stock worth $1,846,000 after purchasing an additional 8,023 shares in the last quarter. Nykredit A S acquired a new position in Stanley Black & Decker in the 2nd quarter valued at about $166,378,000. Finally, Allianz Asset Management GmbH acquired a new position in Stanley Black & Decker in the 2nd quarter valued at about $6,287,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 2.0%

Shares of NYSE:SWK opened at $91.39 on Wednesday. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $104.68. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $95.49 and its 200-day simple moving average is $85.00. The company has a market cap of $13.80 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 1.33 and a beta of 1.17.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data 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 for 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 revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts predict that Stanley Black & Decker will post 5.58 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

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