Brokerages Set Stanley Black & Decker, Inc. (NYSE:SWK) PT at $92.25

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been assigned a consensus rating of “Hold” from the ten research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $92.25.

A number of research firms have recently weighed in on SWK. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Citigroup raised their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wells Fargo & Company increased their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Morgan Stanley set a $96.00 price target on shares of Stanley Black & Decker in a report on Monday, August 10th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a report on Wednesday, July 29th.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $97.24 on Friday. Stanley Black & Decker has a 12 month low of $61.90 and a 12 month 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 stock has a market cap of $14.69 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17. The business has a fifty day simple moving average of $95.27 and a 200-day simple moving average of $83.92.

Stanley Black & Decker (NYSE:SWK) last issued 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. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the prior year, the company earned $1.08 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts anticipate that Stanley Black & Decker will post 5.57 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 3.5%. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is 80.98%.

Institutional Investors Weigh In On Stanley Black & Decker

A number of hedge funds have recently bought and sold shares of SWK. California State Teachers Retirement System lifted its holdings in shares of Stanley Black & Decker by 9,379.5% during the second quarter. California State Teachers Retirement System now owns 16,965,789 shares of the industrial products company’s stock worth $1,596,820,000 after buying an additional 16,786,815 shares during the last quarter. Capital Research Global Investors grew its position in Stanley Black & Decker by 0.7% during the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock worth $954,991,000 after buying an additional 88,402 shares in the last quarter. BlackRock Inc. bought a new position in Stanley Black & Decker during the second quarter valued at about $1,006,417,000. Price T Rowe Associates Inc. MD raised its holdings in Stanley Black & Decker by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock valued at $735,239,000 after acquiring an additional 101,769 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Stanley Black & Decker by 2.3% in the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after acquiring an additional 215,960 shares during the period. 87.77% of the stock is currently owned by institutional investors.

About Stanley Black & Decker

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.