Stanley Black & Decker (NYSE:SWK) Raised to Strong-Buy at Wall Street Zen

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 research report issued to clients and investors on Saturday.

SWK has been the topic of several other research reports. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a report on Thursday, April 30th. Citigroup raised their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday. JPMorgan Chase & Co. boosted their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Morgan Stanley cut their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Finally, Wells Fargo & Company raised their price objective on 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. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $90.22.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $94.60 on Friday. 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 has a twelve month low of $61.90 and a twelve month high of $96.04. The company has a fifty day moving average of $86.50 and a 200-day moving average of $81.19. The firm has a market capitalization of $14.29 billion, a P/E ratio of 23.07, a P/E/G ratio of 1.30 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker’s revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, sell-side analysts anticipate that Stanley Black & Decker will post 5.43 EPS for the current year.

Institutional Investors Weigh In On Stanley Black & Decker

A number of institutional investors and hedge funds have recently made changes to their positions in SWK. Chapman Financial Group LLC bought a new position in Stanley Black & Decker in the 2nd quarter valued at about $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the 2nd quarter valued at about $28,000. Kovack Advisors Inc. bought a new stake in Stanley Black & Decker during the 4th quarter worth approximately $28,000. Motiv8 Investments LLC purchased a new stake in shares of Stanley Black & Decker in the fourth quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc 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.

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.