Stanley Black & Decker, Inc. (NYSE:SWK) to Issue Quarterly Dividend of $0.83

Stanley Black & Decker, Inc. (NYSE:SWK) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 10th will be paid a dividend of 0.83 per share by the industrial products company on Tuesday, March 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 10th.

Stanley Black & Decker has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 58 years. Stanley Black & Decker has a dividend payout ratio of 58.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Stanley Black & Decker to earn $6.29 per share next year, which means the company should continue to be able to cover its $3.32 annual dividend with an expected future payout ratio of 52.8%.

Stanley Black & Decker Stock Performance

NYSE:SWK traded down $3.53 during midday trading on Wednesday, reaching $85.73. The stock had a trading volume of 866,089 shares, compared to its average volume of 1,929,416. The stock has a market capitalization of $13.28 billion, a P/E ratio of 32.44, a PEG ratio of 1.26 and a beta of 1.21. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35. Stanley Black & Decker has a 1-year low of $53.91 and a 1-year high of $93.37. The firm’s fifty day simple moving average is $82.08 and its 200-day simple moving average is $75.57.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same period last year, the business posted $1.49 earnings per share. The firm’s revenue was down 1.0% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts forecast that Stanley Black & Decker will post 5.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. UBS Group decreased their target price on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Morgan Stanley upped their price target on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Monday. Robert W. Baird lifted their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Finally, Citigroup upped their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $86.89.

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.