Stanley Black & Decker, Inc. (NYSE:SWK) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Stanley Black & Decker, Inc. has received a consensus rating of "Hold" from analysts, with one sell rating, five hold ratings, and five buy ratings;
• The company reported $1.08 EPS for the last quarter, significantly exceeding the consensus estimate of $0.38, although its revenue decreased by 6.2% year-over-year;
• Recently, Stanley Black & Decker raised its quarterly dividend to $0.83, representing an annual yield of 4.3%, despite a dividend payout ratio of 105.40%.

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have been given a consensus rating of "Hold" by the eleven research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $89.40.

Several equities research analysts have recently commented on SWK shares. Robert W. Baird boosted their price target on Stanley Black & Decker from $65.00 to $78.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 22nd. Wolfe Research raised Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a research note on Tuesday, July 8th. Wall Street Zen lowered Stanley Black & Decker from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Barclays reduced their target price on Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $80.00 target price on shares of Stanley Black & Decker in a research note on Wednesday, July 30th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Golden State Wealth Management LLC lifted its stake in shares of Stanley Black & Decker by 1,138.5% during the 1st quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company's stock worth $25,000 after purchasing an additional 296 shares during the period. 1248 Management LLC purchased a new position in shares of Stanley Black & Decker during the 1st quarter worth $26,000. Princeton Global Asset Management LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth $25,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth $26,000. Finally, Hanson & Doremus Investment Management purchased a new position in shares of Stanley Black & Decker during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Price Performance

Shares of NYSE:SWK opened at $76.64 on Friday. The business's 50 day simple moving average is $73.46 and its 200-day simple moving average is $70.17. The firm has a market capitalization of $11.86 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 1.75 and a beta of 1.16. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.04 and a quick ratio of 0.34. Stanley Black & Decker has a 12 month low of $53.91 and a 12 month high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.38 by $0.70. The business had revenue of $3.95 billion for the quarter, compared to analyst estimates of $4.01 billion. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%.The company's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.09 EPS. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. As a group, equities analysts forecast that Stanley Black & Decker will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from Stanley Black & Decker's previous quarterly dividend of $0.82. Stanley Black & Decker's dividend payout ratio is currently 105.40%.

Stanley Black & Decker Company Profile

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.

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