Weiss Ratings Reaffirms Hold (C) Rating for Stanley Black & Decker (NYSE:SWK)

Key Points

• Weiss Ratings has reaffirmed a "Hold" rating for Stanley Black & Decker (NYSE: SWK), while other analysts have varying opinions, with Barclays lowering their price target and Wells Fargo increasing theirs.
• Stanley Black & Decker reported an **EPS of $1.08**, surpassing the consensus estimate, although their revenue of **$3.95 billion** fell short of expectations compared to the previous year.
• The stock is currently trading at **$72.73**, showing a decline of **0.6%**, and has an average price target of **$89.90** from multiple analysts.

Stanley Black & Decker (NYSE:SWK - Get Free Report)'s stock had its "hold (c)" rating restated by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other analysts also recently weighed in on SWK. Barclays decreased their price target on shares of Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Wells Fargo & Company lifted their price target on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the company an "equal weight" rating in a research note on Monday. Jefferies Financial Group set a $86.00 price target on shares of Stanley Black & Decker and gave the company a "buy" rating in a research note on Monday, August 18th. Wall Street Zen downgraded shares of Stanley Black & Decker from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Wolfe Research raised shares of Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a research note on Tuesday, July 8th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $89.90.

Stanley Black & Decker Trading Down 0.6%

SWK traded down $0.46 on Wednesday, hitting $72.73. The company had a trading volume of 1,371,949 shares, compared to its average volume of 1,875,701. The company has a market cap of $11.26 billion, a PE ratio of 23.09, a PEG ratio of 1.52 and a beta of 1.19. Stanley Black & Decker has a 12-month low of $53.91 and a 12-month high of $109.91. The company has a quick ratio of 0.34, a current ratio of 1.04 and a debt-to-equity ratio of 0.52. The business's fifty day simple moving average is $74.24 and its 200 day simple moving average is $69.41.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released 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. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%.The company had revenue of $3.95 billion during the quarter, compared to analyst estimates of $4.01 billion. During the same quarter last year, the business posted $1.09 earnings per share. The firm's revenue was down 6.2% on a year-over-year basis. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. Equities research analysts expect that Stanley Black & Decker will post 5.16 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. grew its stake in shares of Stanley Black & Decker by 18.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 19,435 shares of the industrial products company's stock valued at $1,494,000 after buying an additional 3,009 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in Stanley Black & Decker in the 1st quarter valued at approximately $245,000. Rempart Asset Management Inc. increased its holdings in Stanley Black & Decker by 22.5% in the 2nd quarter. Rempart Asset Management Inc. now owns 156,704 shares of the industrial products company's stock valued at $10,617,000 after purchasing an additional 28,826 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in Stanley Black & Decker by 3.0% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,538,360 shares of the industrial products company's stock valued at $104,224,000 after purchasing an additional 45,107 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Stanley Black & Decker by 40.5% in the 1st quarter. GAMMA Investing LLC now owns 4,521 shares of the industrial products company's stock valued at $348,000 after purchasing an additional 1,304 shares in the last quarter. Institutional investors and hedge funds 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.

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