Stanley Black & Decker (NYSE:SWK) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Stanley Black & Decker from “strong buy” to “buy,” while the broader analyst consensus remains “hold.” The average analyst price target is $94.11.
• SWK shares opened at $99.47, with a market capitalization of approximately $15.02 billion and a 52-week range of $61.90 to $104.68.
• The company’s latest quarterly results exceeded expectations, with earnings per share of $1.57 versus the $1.21 consensus estimate, while revenue was $3.96 billion. Institutional investors and hedge funds own approximately 87.77% of the stock.

Stanley Black & Decker (NYSE:SWK - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

SWK has been the subject of a number of other research reports. Weiss Ratings upgraded Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. Citigroup raised their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Mizuho decreased their target price on Stanley Black & Decker from $110.00 to $105.00 and set an "outperform" rating for the company in a research report on Thursday, October 15th. Morgan Stanley set a $100.00 target price on Stanley Black & Decker in a report on Tuesday, October 6th. Finally, Wells Fargo & Company dropped their price target on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research report on Friday, October 16th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $94.11.

Stanley Black & Decker Stock Up 0.5%

Shares of NYSE:SWK opened at $99.47 on Friday. The firm has a market capitalization of $15.02 billion, a P/E ratio of 24.26, a P/E/G ratio of 1.47 and a beta of 1.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The stock has a 50 day moving average price of $93.20 and a 200-day moving average price of $87.33. Stanley Black & Decker has a 52-week low of $61.90 and a 52-week high of $104.68.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share 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 during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm earned $1.08 earnings per share. The business's revenue for the quarter was up .4% on a year-over-year basis. 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 5.59 EPS for the current fiscal year.

Hedge Funds Weigh In On Stanley Black & Decker

Several hedge funds and other institutional investors have recently bought and sold shares of SWK. Bessemer Group Inc. boosted its holdings in Stanley Black & Decker by 1.5% in the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company's stock worth $654,000 after purchasing an additional 134 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Stanley Black & Decker by 19.9% in the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company's stock worth $63,000 after buying an additional 146 shares during the last quarter. V Square Quantitative Management LLC boosted its stake in shares of Stanley Black & Decker by 5.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 3,924 shares of the industrial products company's stock worth $348,000 after buying an additional 192 shares during the last quarter. CX Institutional grew its holdings in shares of Stanley Black & Decker by 7.1% in the second quarter. CX Institutional now owns 2,956 shares of the industrial products company's stock worth $278,000 after acquiring an additional 196 shares during the period. Finally, SlateStone Wealth LLC grew its holdings in shares of Stanley Black & Decker by 2.0% in the second quarter. SlateStone Wealth LLC now owns 10,387 shares of the industrial products company's stock worth $978,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.

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