Brokerages Set Stanley Black & Decker, Inc. (NYSE:SWK) Price Target at $87.67

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have earned an average rating of “Hold” from the twelve analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $87.6667.

Several brokerages have weighed in on SWK. Citigroup increased their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. Wells Fargo & Company raised their price objective on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Finally, Morgan Stanley raised their price objective on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Tred Avon Family Wealth LLC purchased a new position in Stanley Black & Decker in the third quarter worth approximately $939,000. Massachusetts Financial Services Co. MA raised its holdings in Stanley Black & Decker by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock worth $237,813,000 after purchasing an additional 17,084 shares in the last quarter. Godsey & Gibb Inc. raised its holdings in Stanley Black & Decker by 14.6% during the third quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after purchasing an additional 27,140 shares in the last quarter. Capital Research Global Investors raised its holdings in Stanley Black & Decker by 0.9% during the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock worth $949,050,000 after purchasing an additional 116,302 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in Stanley Black & Decker by 704.0% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 30,184 shares of the industrial products company’s stock worth $2,244,000 after purchasing an additional 26,430 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $77.47 on Friday. Stanley Black & Decker has a 12-month low of $58.23 and a 12-month high of $93.37. The stock has a market cap of $12.04 billion, a P/E ratio of 31.75, a PEG ratio of 1.06 and a beta of 1.20. The company has a 50-day moving average price of $74.42 and a 200 day moving average price of $75.41. 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 released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the business earned $0.75 earnings per share. Stanley Black & Decker’s revenue was up 2.7% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker will post 5.26 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 4.3%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 136.07%.

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.