Stanley Black & Decker (NYSE:SWK) Sets New 12-Month High – What’s Next?

Stanley Black & Decker, Inc. (NYSE:SWK) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $95.47 and last traded at $95.6440, with a volume of 94246 shares changing hands. The stock had previously closed at $94.17.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on SWK shares. Wall Street Zen raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Wells Fargo & Company lifted their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Morgan Stanley lowered their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. raised their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $88.44.

Stanley Black & Decker Trading Up 1.6%

The firm has a market capitalization of $14.87 billion, a price-to-earnings ratio of 39.16, a PEG ratio of 1.28 and a beta of 1.16. The business’s 50-day simple moving average is $84.97 and its two-hundred day simple moving average is $80.82. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.61 by $0.19. The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s payout ratio is currently 136.07%.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors have recently modified their holdings of the company. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the 2nd quarter worth about $26,000. CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the second quarter worth about $28,000. Kovack Advisors Inc. purchased a new stake in Stanley Black & Decker during the fourth quarter worth about $28,000. Motiv8 Investments LLC purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Stanley Black & Decker in the second quarter valued at approximately $31,000. 87.77% of the stock is owned by institutional investors and hedge funds.

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.