Citigroup Issues Positive Forecast for Stanley Black & Decker (NYSE:SWK) Stock Price

Stanley Black & Decker (NYSE:SWK) had its price objective hoisted by Citigroup from $107.00 to $140.00 in a report released on Thursday,Benzinga reports. The firm currently has a buy rating on the industrial products company’s stock.

Other research analysts have also issued reports about the stock. Mizuho dropped their price objective on shares of Stanley Black & Decker from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Wells Fargo & Company boosted their price target on shares of Stanley Black & Decker from $90.00 to $115.00 and gave the stock an “equal weight” rating in a report on Thursday. Wall Street Zen downgraded Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective (up from $82.00) on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Finally, Morgan Stanley set a $100.00 price objective on Stanley Black & Decker in a research note on Tuesday, October 6th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $100.09.

Stanley Black & Decker Stock Down 2.4%

Shares of NYSE SWK opened at $115.44 on Thursday. The firm has a market cap of $17.43 billion, a PE ratio of 19.43, a P/E/G ratio of 1.75 and a beta of 1.15. The company’s fifty day simple moving average is $94.40 and its 200 day simple moving average is $86.15. The company has a quick ratio of 0.55, a current ratio of 1.42 and a debt-to-equity ratio of 0.53. Stanley Black & Decker has a 12-month low of $61.90 and a 12-month high of $122.68.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, November 4th. The industrial products company reported $2.31 EPS for the quarter, beating the consensus estimate of $1.55 by $0.76. The company had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.74 billion. Stanley Black & Decker had a return on equity of 10.22% and a net margin of 5.53%. As a group, sell-side analysts forecast that Stanley Black & Decker will post 5.59 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Tuesday, December 1st will be issued a $0.84 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $3.36 annualized dividend and a yield of 2.9%. Stanley Black & Decker’s dividend payout ratio (DPR) is 81.95%.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors and hedge funds have recently modified their holdings of the stock. Illinois Municipal Retirement Fund purchased a new stake in shares of Stanley Black & Decker in the third quarter worth $5,844,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Stanley Black & Decker by 213.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 26,150 shares of the industrial products company’s stock valued at $2,343,000 after purchasing an additional 17,811 shares during the last quarter. Parallel Advisors LLC raised its stake in Stanley Black & Decker by 13.8% during the 3rd quarter. Parallel Advisors LLC now owns 2,322 shares of the industrial products company’s stock valued at $206,000 after buying an additional 282 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in Stanley Black & Decker by 119.1% in the third quarter. Chicago Partners Investment Group LLC now owns 12,405 shares of the industrial products company’s stock valued at $1,231,000 after acquiring an additional 6,742 shares during the period. Finally, Sound Financial Strategies Group LLC grew its position in Stanley Black & Decker by 34.7% during the third quarter. Sound Financial Strategies Group LLC now owns 4,844 shares of the industrial products company’s stock valued at $429,000 after buying an additional 1,249 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Key Stanley Black & Decker News

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

• Positive Sentiment: Citigroup raised its price target to $140 from $107 and reiterated a Buy rating, signaling substantial upside in the firm’s view. Citigroup price target update
• Positive Sentiment: Stanley Black & Decker authorized an additional $1 billion share-repurchase program, following $250 million in buybacks during Q3. Buybacks can support shareholder returns and per-share results. Share repurchase announcement
• Positive Sentiment: Q3 adjusted EPS of $2.31 beat analysts’ expectations, and the company raised its 2026 EPS and free-cash-flow outlook. Management also reported ongoing organic growth and margin expansion excluding tariff-refund benefits. Q3 2026 results
• Neutral Sentiment: Analyst views are mixed: Baird lifted its target to $115, while Wells Fargo raised its target to $115 but maintained an Equal Weight rating. Baird price target update
• Negative Sentiment: Some of the quarterly earnings and outlook improvement came from additional tariff refunds, which may not recur. Revenue of $3.73 billion was also slightly below estimates, while higher steel and component costs have prompted plans for 2027 price increases. Costs and planned price increases

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.