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

Key Points

• Stanley Black & Decker has received a consensus rating of "Hold" from eleven analysts, with five recommending a buy and one a sell.
• The company's average target price among brokerages is $89.40, while recent price targets range from $60.00 to $100.00.
• Stanley Black & Decker announced a quarterly dividend increase to $0.83, reflecting a 4.3% annual yield based on a payout ratio of 104.13%.

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have received an average recommendation of "Hold" from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $89.40.

SWK has been the subject of a number of recent research reports. Wolfe Research raised Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a research note on Tuesday, July 8th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $80.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 30th. Wells Fargo & Company raised their price target on Stanley Black & Decker from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 30th. Robert W. Baird raised 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. Finally, JPMorgan Chase & Co. cut their price target on Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating for the company in a research note on Monday, May 5th.

Stanley Black & Decker Stock Up 0.8%

Shares of SWK stock traded up $0.59 during trading on Tuesday, hitting $75.78. 1,816,747 shares of the company were exchanged, compared to its average volume of 2,078,788. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.34 and a current ratio of 1.04. The firm has a market capitalization of $11.73 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 1.66 and a beta of 1.16. The business's 50-day simple moving average is $70.73 and its 200 day simple moving average is $71.32. Stanley Black & Decker has a twelve month low of $53.91 and a twelve month high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $4.01 billion. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The firm's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period last year, the company posted $1.09 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. As a group, analysts forecast that Stanley Black & Decker will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a positive change from Stanley Black & Decker's previous quarterly dividend of $0.82. Stanley Black & Decker's dividend payout ratio (DPR) is 104.13%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC raised its stake in shares of Stanley Black & Decker by 1,138.5% in the 1st quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 296 shares in the last quarter. 1248 Management LLC bought a new position in shares of Stanley Black & Decker in the 1st quarter valued at approximately $26,000. Princeton Global Asset Management LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. Finally, Hanson & Doremus Investment Management acquired a new stake in Stanley Black & Decker in the 1st quarter valued at approximately $31,000. 87.77% of the stock is owned by institutional investors.

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.