Brokerages Set Stanley Black & Decker, Inc. (NYSE:SWK) Target Price at $88.44

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $88.4444.

Several research analysts have recently commented on SWK shares. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a research report on Thursday, April 30th. Wells Fargo & Company lifted their target price on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday, June 18th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. JPMorgan Chase & Co. increased their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Finally, Morgan Stanley cut their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $88.27 on Friday. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 1.22 and a beta of 1.16. The company’s 50 day moving average is $83.83 and its 200 day moving average is $80.45. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a 52-week low of $61.90 and a 52-week high of $95.16.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.Stanley Black & Decker’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 earnings per share. 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 5.35 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is 136.07%.

Institutional Trading of Stanley Black & Decker

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Douglas Lane & Associates LLC increased its position in shares of Stanley Black & Decker by 47.4% in the 4th quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock valued at $7,937,000 after acquiring an additional 34,365 shares during the period. Polianta Ltd purchased a new position in shares of Stanley Black & Decker during the 4th quarter valued at about $1,611,000. New York Life Investment Management LLC lifted its holdings in shares of Stanley Black & Decker by 67.5% in the 4th quarter. New York Life Investment Management LLC now owns 34,766 shares of the industrial products company’s stock valued at $2,582,000 after buying an additional 14,005 shares during the period. SG Americas Securities LLC boosted its stake in shares of Stanley Black & Decker by 1,282.2% in the fourth quarter. SG Americas Securities LLC now owns 72,098 shares of the industrial products company’s stock worth $5,355,000 after buying an additional 66,882 shares during the last quarter. Finally, LBP AM SA purchased a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $2,377,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

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.