Wall Street Zen Downgrades Stanley Black & Decker (NYSE:SWK) to Buy

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

Other analysts have also issued research reports about the company. Citigroup lifted 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. The Goldman Sachs Group reiterated a "neutral" rating and set a $93.00 target price on shares of Stanley Black & Decker in a research 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. JPMorgan Chase & Co. raised their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a research report on Friday, May 1st. Finally, Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a report on Monday, August 10th. Three 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, the stock currently has a consensus rating of "Hold" and a consensus price target of $92.25.

Stanley Black & Decker Stock Down 1.4%

NYSE:SWK opened at $97.86 on Friday. The firm has a 50-day simple moving average of $94.44 and a two-hundred day simple moving average of $83.72. Stanley Black & Decker has a fifty-two week low of $61.90 and a fifty-two week high of $104.68. 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 firm has a market cap of $14.78 billion, a P/E ratio of 23.87, a P/E/G ratio of 1.33 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released 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 business had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $3.97 billion. During the same period in the prior year, the firm posted $1.08 EPS. The firm's quarterly revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts predict that Stanley Black & Decker will post 5.57 earnings per share for the current fiscal year.

Institutional Trading of Stanley Black & Decker

Several institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System raised its stake in Stanley Black & Decker by 9,379.5% in the second quarter. California State Teachers Retirement System now owns 16,965,789 shares of the industrial products company's stock worth $1,596,820,000 after buying an additional 16,786,815 shares in the last quarter. Capital Research Global Investors grew its position in shares of Stanley Black & Decker by 0.7% in the 4th quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company's stock worth $954,991,000 after buying an additional 88,402 shares during the last quarter. BlackRock Inc. acquired a new stake in Stanley Black & Decker in the second quarter valued at approximately $1,006,417,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Stanley Black & Decker by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company's stock valued at $735,239,000 after purchasing an additional 101,769 shares during the last quarter. Finally, State Street Corp increased its position in Stanley Black & Decker by 2.3% during the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company's stock valued at $638,438,000 after buying an additional 215,960 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

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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