Stanley Black & Decker (NYSE:SWK) Reaches New 12-Month High – Still a Buy?

Stanley Black & Decker, Inc. (NYSE:SWK)’s stock price reached a new 52-week high on Friday . The stock traded as high as $90.82 and last traded at $90.69, with a volume of 989257 shares trading hands. The stock had previously closed at $85.57.

Analyst Ratings Changes

Several research firms recently commented on SWK. UBS Group dropped their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Wells Fargo & Company lifted their price target on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday. Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Finally, Robert W. Baird lifted their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $87.00.

Stanley Black & Decker Stock Performance

The firm’s 50 day simple moving average is $77.63 and its 200-day simple moving average is $73.68. The company has a market cap of $13.87 billion, a price-to-earnings ratio of 33.80, a PEG ratio of 1.18 and a beta of 1.21. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. The business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The business’s revenue was down 1.0% on a year-over-year basis. During the same period last year, the company posted $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Hedge Funds Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter worth approximately $107,111,000. Ameriprise Financial Inc. increased its stake in 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 acquiring an additional 1,450,170 shares during the last quarter. Freestone Grove Partners LP purchased a new stake in Stanley Black & Decker in the third quarter valued at $95,602,000. Strive Asset Management LLC acquired a new position in shares of Stanley Black & Decker in the 3rd quarter valued at $78,480,000. Finally, Clean Energy Transition LLP grew its holdings in shares of Stanley Black & Decker by 56.8% during the 3rd quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after purchasing an additional 1,013,756 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

About Stanley Black & Decker

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.