Stanley Black & Decker (NYSE:SWK) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Stanley Black & Decker, Inc. (NYSE:SWK) shares passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $87.33 and traded as high as $99.63. Stanley Black & Decker shares last traded at $99.4710, with a volume of 1,476,653 shares changing hands.

Analyst Ratings Changes

SWK has been the topic of several recent analyst reports. Mizuho cut their target price on shares of Stanley Black & Decker from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Citigroup lifted their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wells Fargo & Company lowered their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Friday, October 16th. Finally, Wall Street Zen lowered Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and a consensus price target of $94.11.

Stanley Black & Decker Stock Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The firm has a market capitalization of $15.02 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 1.47 and a beta of 1.17. The firm’s fifty day moving average is $93.20 and its 200 day moving average is $87.33.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the previous year, the firm posted $1.08 earnings per share. The firm’s 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, analysts predict that Stanley Black & Decker, Inc. will post 5.59 EPS for the current fiscal year.

Hedge Funds Weigh In On Stanley Black & Decker

Hedge funds have recently modified their holdings of the stock. Bell Bank raised its holdings in shares of Stanley Black & Decker by 0.9% during the third quarter. Bell Bank now owns 96,223 shares of the industrial products company’s stock worth $8,524,000 after acquiring an additional 812 shares in the last quarter. V Square Quantitative Management LLC raised its stake in shares of Stanley Black & Decker by 5.1% during the 3rd quarter. V Square Quantitative Management LLC now owns 3,924 shares of the industrial products company’s stock worth $348,000 after purchasing an additional 192 shares in the last quarter. Rockland Trust Co. raised its stake in shares of Stanley Black & Decker by 2.7% during the 3rd quarter. Rockland Trust Co. now owns 8,970 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 239 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Stanley Black & Decker by 20.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 44,411 shares of the industrial products company’s stock valued at $4,180,000 after buying an additional 7,399 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Stanley Black & Decker by 5.0% during the 2nd quarter. State Street Corp now owns 8,751,801 shares of the industrial products company’s stock valued at $823,720,000 after buying an additional 416,614 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

About Stanley Black & Decker

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.