Stanley Black & Decker (NYSE:SWK) Reaches New 1-Year High – Time to Buy?

Stanley Black & Decker, Inc. (NYSE:SWK) hit a new 52-week high during trading on Wednesday . The company traded as high as $95.01 and last traded at $94.2530, with a volume of 2269440 shares traded. The stock had previously closed at $93.65.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barclays decreased their target price on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. JPMorgan Chase & Co. raised 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. Morgan Stanley cut their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $88.44.

Stanley Black & Decker Stock Up 0.6%

The business has a 50-day moving average price of $81.12 and a 200-day moving average price of $79.11. The stock has a market cap of $14.28 billion, a PE ratio of 37.65, a price-to-earnings-growth ratio of 1.28 and a beta of 1.16. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 5.36 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were issued a dividend of $0.83 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.6%. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

Institutional Trading of Stanley Black & Decker

Several large investors have recently made changes to their positions in SWK. GoalVest Advisory LLC acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the second quarter worth about $28,000. Kovack Advisors Inc. purchased a new stake in Stanley Black & Decker during the 4th quarter valued at about $28,000. Finally, Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker in the 4th quarter valued at about $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

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.