Stanley Black & Decker, Inc. (NYSE:SWK) Stock Has Average Price Target of $92.88

Key Points

• Analysts maintain a “Hold” consensus on Stanley Black & Decker, with six hold, three buy and one sell rating. The average 12-month price target is $92.88, modestly above the reported share price of $88.76.
• The company exceeded quarterly earnings expectations, reporting $1.57 in EPS versus the $1.21 consensus, while revenue of $3.96 billion was roughly in line with estimates. Analysts expect approximately $5.57 in EPS for the current fiscal year.
• Stanley Black & Decker raised its quarterly dividend to $0.84 per share, equivalent to $3.36 annually and a 3.8% yield. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) has earned a consensus rating of "Hold" from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $92.88.

Several equities research analysts recently weighed in on SWK shares. The Goldman Sachs Group reissued a "neutral" rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Weiss Ratings upgraded Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research report on Monday, August 10th. Wall Street Zen raised shares of Stanley Black & Decker from a "buy" rating to a "strong-buy" rating in a report on Sunday, September 6th. Finally, Wells Fargo & Company raised their target price on shares of Stanley Black & Decker from $90.00 to $95.00 and gave the stock an "equal weight" rating in a report on Friday, September 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SWK. Envestnet Portfolio Solutions Inc. grew its position in shares of Stanley Black & Decker by 20.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 44,411 shares of the industrial products company's stock valued at $4,180,000 after acquiring an additional 7,399 shares during the period. State Street Corp lifted its position in Stanley Black & Decker by 5.0% during the second quarter. State Street Corp now owns 8,751,801 shares of the industrial products company's stock valued at $823,720,000 after purchasing an additional 416,614 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in Stanley Black & Decker by 69.3% during the second quarter. Integrated Wealth Concepts LLC now owns 19,608 shares of the industrial products company's stock valued at $1,846,000 after purchasing an additional 8,023 shares in the last quarter. Nykredit A S bought a new stake in Stanley Black & Decker during the second quarter valued at about $166,378,000. Finally, Allianz Asset Management GmbH purchased a new stake in Stanley Black & Decker in the second quarter worth about $6,287,000. Institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Price Performance

Shares of NYSE:SWK opened at $88.76 on Wednesday. The business has a fifty day moving average price of $95.45 and a 200-day moving average price of $84.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The company has a market capitalization of $13.40 billion, a PE ratio of 21.65, a PEG ratio of 1.34 and a beta of 1.17. Stanley Black & Decker has a 1-year low of $61.90 and a 1-year high of $104.68.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities analysts expect that Stanley Black & Decker will post 5.57 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were paid a $0.84 dividend. This is an increase from Stanley Black & Decker's previous quarterly dividend of $0.83. The ex-dividend date was Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.8%. Stanley Black & Decker's dividend payout ratio (DPR) is 81.95%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor power equipment and related storage solutions. Its products serve professional tradespeople, industrial customers and consumers across construction, maintenance, automotive, manufacturing and home-improvement markets.

The company's portfolio includes power tools, hand tools, fasteners, tool storage systems and outdoor equipment. Its principal brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet, along with other brands serving professional and consumer applications.

Stanley Black & Decker traces its history to the founding of Stanley in 1843 and the establishment of Black & Decker in 1910.

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