Wall Street Zen Upgrades Stanley Black & Decker (NYSE:SWK) to “Strong-Buy”

Stanley Black & Decker (NYSE:SWK) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Sunday, Wall Street Zen reports.

SWK has been the topic of several other reports. Morgan Stanley set a $96.00 price target on shares of Stanley Black & Decker in a research report on Monday, August 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Wells Fargo & Company increased their target price on shares of 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. Citigroup lifted their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $92.25.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK 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 market cap of $14.69 billion, a P/E ratio of 23.72, a P/E/G ratio of 1.50 and a beta of 1.17. The business’s 50 day moving average is $95.27 and its two-hundred day moving average is $83.92. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the prior year, the business earned $1.08 earnings per share. Stanley Black & Decker’s revenue for the quarter was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities analysts expect that Stanley Black & Decker will post 5.57 EPS for the current year.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently made changes to their positions in the company. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the second quarter worth about $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $28,000. Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $31,000. Finally, Compass Financial Management LLC bought a new position in shares of Stanley Black & Decker in the second quarter valued at approximately $31,000. Institutional investors and hedge funds 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.