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

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

SWK has been the topic of a number of other research reports. Wells Fargo & Company increased their price objective on 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. UBS Group decreased their target price on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Robert W. Baird increased their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Barclays reiterated an “overweight” rating and issued a $100.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Finally, Argus raised shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $86.89.

Stanley Black & Decker Stock Up 3.8%

Shares of NYSE:SWK opened at $69.82 on Friday. The company has a market cap of $10.84 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 0.96 and a beta of 1.18. Stanley Black & Decker has a fifty-two week low of $53.91 and a fifty-two week high of $93.37. The firm’s 50-day simple moving average is $81.88 and its 200-day simple moving average is $75.78. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.49 EPS. 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 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 125.28%.

Institutional Investors Weigh In On Stanley Black & Decker

Several hedge funds have recently modified their holdings of SWK. Cardinal Point Capital Management ULC raised its position in shares of Stanley Black & Decker by 2.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after buying an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. boosted its position in Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 126 shares during the last quarter. Boothbay Fund Management LLC grew its stake in Stanley Black & Decker by 4.0% in the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after acquiring an additional 132 shares during the period. Martin Capital Partners LLC lifted its stake in shares of Stanley Black & Decker by 2.1% during the 4th quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock worth $539,000 after purchasing an additional 152 shares during the period. Finally, Greenwood Capital Associates LLC boosted its holdings in shares of Stanley Black & Decker by 1.1% during the third quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 159 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

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.