Stanley Black & Decker (NYSE:SWK) Sets New 1-Year High – What’s Next?

Stanley Black & Decker, Inc. (NYSE:SWK) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $93.50 and last traded at $92.7330, with a volume of 365929 shares traded. The stock had previously closed at $89.66.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SWK. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. increased their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Barclays decreased their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. 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 company. According to data from MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and an average target price of $88.44.

Stanley Black & Decker Stock Performance

The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $14.30 billion, a PE ratio of 37.70, a PEG ratio of 1.29 and a beta of 1.19. The firm’s fifty day moving average price is $79.52 and its 200 day moving average price is $78.56.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 8th were issued a $0.83 dividend. The ex-dividend date was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 3.6%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Institutional Trading of Stanley Black & Decker

Large investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its holdings in shares of Stanley Black & Decker by 466.5% during the 1st quarter. Optiver Holding B.V. now owns 1,065 shares of the industrial products company’s stock valued at $76,000 after purchasing an additional 877 shares in the last quarter. Allen Capital Group LLC boosted its holdings in Stanley Black & Decker by 6.8% in the first quarter. Allen Capital Group LLC now owns 44,227 shares of the industrial products company’s stock worth $3,143,000 after purchasing an additional 2,823 shares in the last quarter. Glenmede Trust Co. NA boosted its holdings in Stanley Black & Decker by 7.8% in the first quarter. Glenmede Trust Co. NA now owns 6,636 shares of the industrial products company’s stock worth $472,000 after purchasing an additional 482 shares in the last quarter. Essential Partners LLC increased its position in Stanley Black & Decker by 190.3% during the first quarter. Essential Partners LLC now owns 932 shares of the industrial products company’s stock worth $66,000 after buying an additional 611 shares during the last quarter. Finally, Kentucky Retirement Systems acquired a new position in shares of Stanley Black & Decker during the 1st quarter valued at about $911,000. 87.77% of the stock is owned by institutional investors.

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.