Stanley Black & Decker (NYSE:SWK) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Stanley Black & Decker (NYSE:SWKGet Free Report) had its price objective increased by investment analysts at Wells Fargo & Company from $75.00 to $80.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 1.83% from the stock’s previous close.

Several other equities analysts also recently weighed in on the stock. Morgan Stanley increased their price target on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday. Finally, Citigroup increased their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $87.67.

View Our Latest Research Report on SWK

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $78.56 on Thursday. The firm has a market capitalization of $12.20 billion, a P/E ratio of 32.20, a PEG ratio of 1.12 and a beta of 1.20. 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 company has a 50 day moving average price of $74.71 and a 200 day moving average price of $75.21. Stanley Black & Decker has a 52 week low of $58.23 and a 52 week high of $93.37.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.61 by $0.19. The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. Stanley Black & Decker’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts expect that Stanley Black & Decker will post 5.22 EPS for the current year.

Institutional Investors Weigh In On Stanley Black & Decker

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Castleview Partners LLC grew its stake in shares of Stanley Black & Decker by 19.4% during the 1st quarter. Castleview Partners LLC now owns 6,542 shares of the industrial products company’s stock worth $465,000 after purchasing an additional 1,065 shares during the period. Fifth Third Bancorp grew its stake in shares of Stanley Black & Decker by 1,894.2% during the 1st quarter. Fifth Third Bancorp now owns 154,867 shares of the industrial products company’s stock worth $11,005,000 after purchasing an additional 147,101 shares during the period. Equitable Trust Co. acquired a new stake in shares of Stanley Black & Decker during the 1st quarter worth approximately $463,000. Kestra Advisory Services LLC grew its stake in shares of Stanley Black & Decker by 7.4% during the 1st quarter. Kestra Advisory Services LLC now owns 23,478 shares of the industrial products company’s stock worth $1,668,000 after purchasing an additional 1,611 shares during the period. Finally, Greenwood Capital Associates LLC grew its stake in shares of Stanley Black & Decker by 19.6% during the 1st quarter. Greenwood Capital Associates LLC now owns 18,367 shares of the industrial products company’s stock worth $1,305,000 after purchasing an additional 3,014 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Key Headlines Impacting Stanley Black & Decker

Here are the key news stories impacting Stanley Black & Decker this week:

About Stanley Black & Decker

(Get Free Report)

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.

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Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

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