Stanley Black & Decker (NYSE:SWK) Lowered to “Buy” Rating by Wall Street Zen

Wall Street Zen lowered shares of Stanley Black & Decker (NYSE:SWK) from a strong-buy rating to a buy rating in a research report released on Saturday morning.

A number of other brokerages have also weighed in on SWK. The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 target price on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Citigroup boosted their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, Wells Fargo & Company boosted their target price on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and a consensus target price of $92.25.

Stanley Black & Decker Price Performance

Shares of SWK opened at $97.86 on Friday. The company’s 50-day moving average is $94.44 and its 200-day moving average is $83.72. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The firm has a market capitalization of $14.78 billion, a PE ratio of 23.87, a PEG ratio of 1.31 and a beta of 1.16. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $104.68.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.21 by $0.36. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts forecast that Stanley Black & Decker will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.4%. Stanley Black & Decker’s payout ratio is presently 80.98%.

Institutional Trading of Stanley Black & Decker

Several large investors have recently bought and sold shares of the business. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker in the 4th quarter valued at approximately $28,000. Motiv8 Investments LLC bought a new stake in shares of Stanley Black & Decker during the 4th quarter valued at approximately $31,000. Finally, Compass Financial Management LLC acquired a new position in Stanley Black & Decker during the 2nd quarter worth approximately $31,000. 87.77% of the stock is owned by institutional investors and hedge funds.

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.