Stanley Black & Decker (NYSE:SWK) Price Target Raised to $90.00

Stanley Black & Decker (NYSE:SWK) had its target price upped by equities research analysts at Wells Fargo & Company from $80.00 to $90.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 9.17% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Morgan Stanley decreased their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Barclays lowered their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Four 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. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Stock Down 2.6%

Stanley Black & Decker stock opened at $82.44 on Thursday. 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 debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The firm’s 50-day simple moving average is $77.11 and its 200 day simple moving average is $77.80. The stock has a market cap of $12.82 billion, a PE ratio of 33.79, a price-to-earnings-growth ratio of 1.19 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the firm posted $0.75 EPS. The firm’s quarterly 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. Research analysts predict that Stanley Black & Decker will post 5.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Stanley Black & Decker

Several large investors have recently modified their holdings of the business. GoalVest Advisory LLC purchased a new stake in shares of Stanley Black & Decker during the 4th quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the 2nd quarter valued at $28,000. Kovack Advisors Inc. purchased a new stake in shares of Stanley Black & Decker during the fourth quarter worth $28,000. Finally, Motiv8 Investments LLC bought a new position in shares of Stanley Black & Decker in the fourth quarter worth $31,000. Hedge funds and other institutional investors 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.