Zacks Research Has Negative Forecast for SWK Q3 Earnings

Key Points

• Zacks Research trimmed its Q3 2027 EPS estimate for Stanley Black & Decker to $1.58 (from $1.59) and issued updated estimates of Q4 $1.82, FY2027 $5.98 and Q1 2028 $1.14.
• Analysts are mixed on SWK—four Buys, seven Holds and one Sell—resulting in an average rating of Hold and an average price target of $85.22.
• Stanley Black & Decker beat Q results with $1.41 EPS and pays a quarterly dividend of $0.83 (annualized yield ~4.4%), but the dividend payout ratio is a high 125.28%.

Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) - Stock analysts at Zacks Research lowered their Q3 2027 earnings estimates for Stanley Black & Decker in a report issued on Wednesday, April 22nd. Zacks Research analyst Team now anticipates that the industrial products company will earn $1.58 per share for the quarter, down from their prior forecast of $1.59. The consensus estimate for Stanley Black & Decker's current full-year earnings is $5.22 per share. Zacks Research also issued estimates for Stanley Black & Decker's Q4 2027 earnings at $1.82 EPS, FY2027 earnings at $5.98 EPS and Q1 2028 earnings at $1.14 EPS.

Several other research firms have also recently weighed in on SWK. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Stanley Black & Decker in a research note on Monday. Citigroup lifted their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Robert W. Baird lowered their target price on Stanley Black & Decker from $85.00 to $82.00 and set a "neutral" rating for the company in a research report on Tuesday. Morgan Stanley upped their price target on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the company an "equal weight" rating in a research note on Monday, February 23rd. Finally, UBS Group dropped their price objective on shares of Stanley Black & Decker from $105.00 to $98.00 and set a "buy" rating for the company in a research note on Monday, January 5th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $85.22.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $75.99 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker has a 12-month low of $58.23 and a 12-month high of $93.37. The stock has a 50-day moving average price of $75.97 and a 200 day moving average price of $74.96. The stock has a market capitalization of $11.80 billion, a P/E ratio of 28.68, a P/E/G ratio of 1.09 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.14. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. Stanley Black & Decker's quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS.

Institutional Investors Weigh In On Stanley Black & Decker

Hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in shares of Stanley Black & Decker during the 4th quarter worth approximately $133,961,000. Ameriprise Financial Inc. lifted its stake in shares of Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company's stock worth $325,541,000 after buying an additional 1,450,170 shares during the period. Freestone Grove Partners LP acquired a new stake in Stanley Black & Decker during the 3rd quarter worth about $95,602,000. Alyeska Investment Group L.P. lifted its holdings in shares of Stanley Black & Decker by 5,996.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,191,540 shares of the industrial products company's stock worth $88,508,000 after purchasing an additional 1,171,995 shares during the period. Finally, Strive Asset Management LLC purchased a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at $78,480,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a $0.83 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $3.32 annualized dividend and a yield of 4.4%. Stanley Black & Decker's dividend payout ratio is 125.28%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc NYSE: SWK is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company's portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.