Stanley Black & Decker, Inc. (NYSE:SWK) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Stanley Black & Decker has a consensus “Hold” rating from ten brokerages, with six holds, three buys and one sell. The average 12-month price target is $92.25.
• The company reported quarterly EPS of $1.57, exceeding the $1.21 consensus estimate, while revenue of $3.96 billion was slightly below expectations. Analysts project full-year EPS of $5.57.
• Stanley Black & Decker raised its quarterly dividend to $0.84 per share, equivalent to a 3.5% annualized yield; institutional investors own 87.77% of the stock.

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have been assigned a consensus recommendation of "Hold" from the ten brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $92.25.

A number of equities analysts have recently commented on the stock. 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 target price on shares of Stanley Black & Decker in a research note on Monday, August 10th. The Goldman Sachs Group reissued a "neutral" rating and issued a $93.00 price target on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Citigroup boosted their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 29th.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $97.24 on Friday. The business's fifty day moving average is $95.20 and its 200 day moving average is $83.92. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 1.48 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. 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 issued its 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 business had revenue of $3.96 billion during the quarter, compared to the consensus estimate 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 was up .4% compared to the same quarter last year. During the same quarter last year, the company earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts predict that Stanley Black & Decker will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.84 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. This is an increase from Stanley Black & Decker's previous quarterly dividend of $0.83. Stanley Black & Decker's dividend payout ratio is currently 80.98%.

Institutional Trading of Stanley Black & Decker

A number of large investors have recently modified their holdings of the business. California State Teachers Retirement System grew its stake in Stanley Black & Decker by 9,379.5% in the 2nd 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. BlackRock Inc. bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth $1,006,417,000. Norges Bank purchased a new stake in shares of Stanley Black & Decker during the 4th quarter valued at $133,961,000. Nykredit A S bought a new stake in shares of Stanley Black & Decker during the 2nd quarter worth $166,378,000. Finally, Confluence Investment Management LLC purchased a new position in Stanley Black & Decker in the second quarter worth $126,909,000. Institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Company Profile

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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