Stanley Black & Decker (NYSE:SWK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Stanley Black & Decker (NYSE:SWK) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Several other equities analysts also recently weighed in on the company. Wells Fargo & Company boosted their target price on 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 target 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. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. increased their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average target price of $90.22.

Stanley Black & Decker Stock Up 3.6%

Shares of NYSE:SWK opened at $97.98 on Friday. The company has a market cap of $14.80 billion, a price-to-earnings ratio of 23.90, a PEG ratio of 1.30 and a beta of 1.16. Stanley Black & Decker has a 12 month low of $61.90 and a 12 month high of $98.13. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average price of $86.93 and a 200 day moving average price of $81.30.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts predict that Stanley Black & Decker will post 5.43 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a $0.84 dividend. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 annualized dividend and a yield of 3.4%. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

Institutional Trading of Stanley Black & Decker

Several institutional investors and hedge funds have recently made changes to their positions in SWK. Cape Investment Advisory Inc. bought a new position in shares of Stanley Black & Decker in the second quarter worth about $35,000. Chapman Financial Group LLC purchased a new stake in Stanley Black & Decker in the 2nd quarter valued at about $26,000. CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker in the 2nd quarter valued at about $28,000. Motiv8 Investments LLC bought a new position in Stanley Black & Decker in the 4th quarter worth about $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Stanley Black & Decker during the second quarter worth approximately $31,000. 87.77% of the stock is currently owned by institutional investors.

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.