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

Key Points

• Wall Street Zen upgraded Stanley Black & Decker to “strong-buy” from “buy,” although the broader analyst consensus remains “hold,” with a $92.25 average price target.
• SWK shares opened at $97.24, up 0.8%, and remain near their 12-month high of $104.68. The stock has a $14.69 billion market capitalization and a price-to-earnings ratio of 23.72.
• The company reported quarterly EPS of $1.57, beating estimates of $1.21, while revenue reached $3.96 billion and increased 0.4% year over year. Institutional investors own approximately 87.77% of the company.

Stanley Black & Decker (NYSE:SWK - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report issued on Sunday, Wall Street Zen reports.

A number of other analysts have also recently issued reports on the company. Weiss Ratings raised Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. The Goldman Sachs Group reiterated a "neutral" rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Citigroup increased their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a research report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price objective on shares of 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. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $92.25.

Stanley Black & Decker Stock Up 0.8%

SWK opened at $97.24 on Friday. Stanley Black & Decker has a 12 month low of $61.90 and a 12 month high of $104.68. The company has a market cap of $14.69 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average of $95.20 and a 200 day moving average of $83.92.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.97 billion. During the same quarter in the previous year, the firm 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, sell-side analysts expect that Stanley Black & Decker will post 5.57 EPS for the current year.

Institutional Trading of Stanley Black & Decker

Large investors have recently modified their holdings of the business. Chapman Financial Group LLC bought a new position in shares of Stanley Black & Decker in the second quarter worth approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the second quarter valued at approximately $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker in the 4th quarter worth approximately $28,000. Motiv8 Investments LLC bought a new position in shares of Stanley Black & Decker in the 4th quarter worth $31,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $31,000. Institutional investors 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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