Stanley Black & Decker (NYSE:SWK – Get Free Report) had its target price cut by investment analysts at Barclays from $100.00 to $95.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. Barclays‘s price target indicates a potential upside of 33.68% from the company’s current price.
Several other equities analysts have also recently issued reports on the company. Morgan Stanley lifted their price objective on 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. UBS Group lowered their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a report on Monday, January 5th. The Goldman Sachs Group reissued a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Finally, Wells Fargo & Company lifted their price objective on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $86.33.
Check Out Our Latest Report on Stanley Black & Decker
Stanley Black & Decker Stock Up 0.0%
Stanley Black & Decker (NYSE:SWK – Get Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period last year, the business posted $1.49 earnings per share. Stanley Black & Decker’s revenue was down 1.0% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts expect that Stanley Black & Decker will post 5.16 EPS for the current fiscal year.
Institutional Investors Weigh In On Stanley Black & Decker
Hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Stanley Black & Decker by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 559 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Stanley Black & Decker by 8.2% in the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 353 shares during the period. Focus Partners Wealth grew its stake in Stanley Black & Decker by 18.8% during the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after buying an additional 1,105 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in Stanley Black & Decker by 53.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 7,452 shares of the industrial products company’s stock worth $505,000 after buying an additional 2,581 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in Stanley Black & Decker by 56.5% in the second quarter. Quadrant Capital Group LLC now owns 5,055 shares of the industrial products company’s stock valued at $342,000 after buying an additional 1,824 shares during the last quarter. 87.77% of the stock is currently 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.
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