Stanley Black & Decker (NYSE:SWK) Shares Up 11.4% After Better-Than-Expected Earnings

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) traded up 11.4% on Wednesday following a better than expected earnings announcement. The company traded as high as $120.64 and last traded at $116.5460. Approximately 833,693 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 1,815,730 shares. The stock had previously closed at $104.62.

The industrial products company reported $2.31 EPS for the quarter, beating the consensus estimate of $1.55 by $0.76. The business had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.74 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.84 per share. The ex-dividend date is Tuesday, December 1st. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

Stanley Black & Decker News Summary

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: Adjusted earnings were $2.31 per share, well above analysts’ estimates of about $1.54–$1.55 and up from $1.43 a year earlier. The company said organic growth and margin expansion continued, and additional tariff refunds helped it raise its 2026 EPS and free-cash-flow guidance. Stanley Black & Decker Q3 2026 results
• Positive Sentiment: Capital returns may also support sentiment: SWK executed $250 million in share repurchases during the quarter and authorized an additional $1 billion for future buybacks. Stanley Black & Decker Q3 2026 results
• Neutral Sentiment: Revenue was approximately $3.73 billion, close to expectations; estimates differed, with some sources showing a small beat and another a slight shortfall. The earnings outperformance was much more pronounced than the sales result. Stanley Black & Decker Q3 earnings and revenue
• Negative Sentiment: Part of the raised outlook came from tariff refunds, which may be less repeatable than underlying operating improvement; investors may watch whether organic growth and margin gains can sustain results without that benefit. Earnings beat and tariff refunds lift outlook

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SWK shares. Citigroup boosted their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen downgraded shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Wells Fargo & Company cut their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Finally, Morgan Stanley set a $100.00 price objective on shares of Stanley Black & Decker in a research note on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $94.11.

Institutional Trading of Stanley Black & Decker

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Stanley Black & Decker in the 2nd quarter valued at about $1,006,417,000. Nykredit A S purchased a new stake in shares of Stanley Black & Decker during the second quarter worth approximately $166,378,000. Confluence Investment Management LLC acquired a new stake in Stanley Black & Decker in the second quarter valued at approximately $126,909,000. Bank of New York Mellon Corp purchased a new position in Stanley Black & Decker in the second quarter worth approximately $123,843,000. Finally, Bank of America Corp DE acquired a new position in Stanley Black & Decker during the 2nd quarter worth approximately $85,606,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Performance

The stock’s 50-day simple moving average is $93.69 and its 200 day simple moving average is $85.83. The company has a market capitalization of $17.87 billion, a PE ratio of 28.81, a P/E/G ratio of 1.58 and a beta of 1.15. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.