Stanley Black & Decker (NYSE:SWK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Stanley Black & Decker (NYSE:SWK) from a hold rating to a buy rating in a research note released on Saturday.

SWK has been the topic of a number of other research reports. Morgan Stanley lifted 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. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Barclays dropped their price target 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Four investment 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $87.67.

Stanley Black & Decker Trading Up 1.0%

Shares of SWK stock opened at $80.98 on Friday. The stock has a market cap of $12.59 billion, a price-to-earnings ratio of 33.19, a price-to-earnings-growth ratio of 1.15 and a beta of 1.20. The firm’s 50 day moving average price is $74.11 and its two-hundred day moving average price is $75.59. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $93.37. The company has a quick ratio of 0.43, a current ratio of 1.14 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 analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion for 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%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter 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. On average, analysts anticipate that Stanley Black & Decker will post 5.28 EPS 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. Shareholders of record on Monday, June 8th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s payout ratio is currently 136.07%.

Hedge Funds Weigh In On Stanley Black & Decker

A number of hedge funds have recently added to or reduced their stakes in SWK. GoalVest Advisory LLC acquired a new position in Stanley Black & Decker in the fourth quarter worth $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker in the second quarter worth $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker in the second quarter worth $28,000. Kovack Advisors Inc. acquired a new position in Stanley Black & Decker in the fourth quarter worth $28,000. Finally, Sentry Investment Management LLC acquired a new position in Stanley Black & Decker in the third quarter worth $31,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

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.