Stanley Black & Decker (NYSE:SWK) Hits New 52-Week High – Here’s Why

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $90.82 and last traded at $90.69, with a volume of 989257 shares changing hands. The stock had previously closed at $85.57.

Analyst Ratings Changes

A number of equities research analysts have commented on SWK shares. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Barclays reiterated an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a research note on Thursday. Morgan Stanley set a $88.00 target price on Stanley Black & Decker in a report on Monday, December 22nd. Citigroup upped their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $87.00.

Stanley Black & Decker Trading Up 4.7%

The company has a fifty day moving average of $77.99 and a two-hundred day moving average of $73.83. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $13.87 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 1.25 and a beta of 1.21.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate 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 quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Institutional Trading of Stanley Black & Decker

Several hedge funds have recently modified their holdings of SWK. GoalVest Advisory LLC purchased a new position in Stanley Black & Decker in the fourth quarter worth $26,000. Princeton Global Asset Management LLC acquired a new position in shares of Stanley Black & Decker during the 2nd quarter worth $25,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at about $26,000. Hanson & Doremus Investment Management acquired a new stake in shares of Stanley Black & Decker in the third quarter valued at about $30,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the second quarter worth about $28,000. 87.77% of the stock is owned by institutional investors and hedge funds.

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.