Shares of Stanley Black & Decker, Inc. (NYSE:SWK – Get Free Report) have received a consensus recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $92.25.
A number of equities research analysts have commented on SWK shares. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research report on Monday, August 10th. Citigroup lifted 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, July 31st. Finally, Wells Fargo & Company raised their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th.
Read Our Latest Report on Stanley Black & Decker
Stanley Black & Decker Price Performance
Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the company posted $1.08 EPS. The business’s revenue for the quarter was up .4% 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 analysts anticipate that Stanley Black & Decker will post 5.57 EPS for the current fiscal year.
Stanley Black & Decker Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be paid a $0.84 dividend. This is a boost 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 annualized dividend and a dividend yield of 3.7%. Stanley Black & Decker’s payout ratio is 81.95%.
Institutional Trading of Stanley Black & Decker
A number of institutional investors have recently bought and sold shares of SWK. Chapman Financial Group LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker during the second quarter worth $28,000. Kovack Advisors Inc. bought a new stake in Stanley Black & Decker in the fourth quarter valued at about $28,000. Motiv8 Investments LLC acquired a new position in Stanley Black & Decker in the fourth quarter valued at about $31,000. Finally, Compass Financial Management LLC bought a new position in Stanley Black & Decker during the second quarter worth about $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.
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