Stanley Black & Decker, Inc. (NYSE:SWK) Receives $102.20 Consensus Price Target from Analysts

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have earned an average recommendation of "Hold" from the ten research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $102.20.

Several research firms recently weighed in on SWK. UBS Group decreased their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a research note on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price for the company. Wells Fargo & Company reduced their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Barclays reduced their price objective on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 26th. Finally, Citigroup reduced their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research report on Thursday, February 6th.

Stanley Black & Decker Stock Down 0.6 %

NYSE SWK traded down $0.38 during trading on Wednesday, hitting $61.20. The stock had a trading volume of 2,504,377 shares, compared to its average volume of 1,780,889. Stanley Black & Decker has a 12 month low of $53.91 and a 12 month high of $110.88. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The company's 50-day moving average price is $73.41 and its two-hundred day moving average price is $83.06. The company has a market capitalization of $9.46 billion, a PE ratio of 31.55, a P/E/G ratio of 1.33 and a beta of 1.14.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. As a group, sell-side analysts forecast that Stanley Black & Decker will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be given a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.36%. Stanley Black & Decker's payout ratio is presently 169.07%.

Institutional Investors Weigh In On Stanley Black & Decker

A number of institutional investors have recently modified their holdings of SWK. Golden State Wealth Management LLC raised its stake in Stanley Black & Decker by 1,138.5% in the first quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 296 shares in the last quarter. Hanson & Doremus Investment Management acquired a new position in Stanley Black & Decker in the first quarter valued at about $31,000. Ridgewood Investments LLC acquired a new position in Stanley Black & Decker in the fourth quarter valued at about $36,000. Cape Investment Advisory Inc. raised its stake in Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 237 shares in the last quarter. Finally, Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the fourth quarter valued at about $40,000. Institutional investors own 87.77% of the company's stock.

About Stanley Black & Decker

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.