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

Stanley Black & Decker (NYSE:SWKGet Free Report) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other equities research analysts have also recently commented on SWK. Wells Fargo & Company increased 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. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a research note on Monday, August 10th. Citigroup raised their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $93.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued 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 $92.25.

Read Our Latest Research Report on SWK

Stanley Black & Decker Stock Performance

NYSE SWK opened at $97.86 on Friday. 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 stock’s 50 day simple moving average is $94.44 and its 200-day simple moving average is $83.68. The company has a market cap of $14.78 billion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16. Stanley Black & Decker has a 1-year low of $61.90 and a 1-year high of $104.68.

Stanley Black & Decker (NYSE:SWKGet Free Report) last issued its quarterly 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 firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the business earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts anticipate that Stanley Black & Decker will post 5.57 EPS for the current fiscal year.

Institutional Investors Weigh In On Stanley Black & Decker

A number of hedge funds have recently modified their holdings of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after purchasing an additional 559 shares during the last quarter. Empowered Funds LLC raised its position in shares of Stanley Black & Decker by 8.2% during the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after buying an additional 353 shares during the period. Focus Partners Wealth raised its position in shares of Stanley Black & Decker by 18.8% during the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after buying an additional 1,105 shares during the period. CW Advisors LLC acquired a new position in Stanley Black & Decker in the second quarter valued at approximately $249,000. Finally, EverSource Wealth Advisors LLC grew its position in Stanley Black & Decker by 53.6% in the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 345 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

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