Zacks Research Equities Analysts Cut Earnings Estimates for Stanley Black & Decker, Inc. (NYSE:SWK)

Stanley Black & Decker, Inc. (NYSE:SWK) – Zacks Research dropped their FY2026 EPS estimates for Stanley Black & Decker in a report released on Tuesday, September 17th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $6.13 for the year, down from their prior forecast of $6.14. The consensus estimate for Stanley Black & Decker’s current full-year earnings is $4.22 per share.

Other research analysts also recently issued reports about the company. UBS Group increased their price objective on Stanley Black & Decker from $110.00 to $121.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Wells Fargo & Company raised their price target on shares of Stanley Black & Decker from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Morgan Stanley assumed coverage on shares of Stanley Black & Decker in a research report on Friday, September 6th. They issued an “equal weight” rating and a $107.00 price objective on the stock. JPMorgan Chase & Co. lifted their price target on shares of Stanley Black & Decker from $80.00 to $88.00 and gave the company an “underweight” rating in a research note on Monday, August 5th. Finally, Barclays increased their price objective on shares of Stanley Black & Decker from $86.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $101.75.

Stanley Black & Decker Price Performance

SWK opened at $104.92 on Thursday. Stanley Black & Decker has a twelve month low of $76.26 and a twelve month high of $108.15. The company has a current ratio of 1.27, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64. The firm’s fifty day moving average is $96.40 and its two-hundred day moving average is $91.09.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.25. Stanley Black & Decker had a positive return on equity of 6.06% and a negative net margin of 1.87%. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.02 billion. During the same period in the previous year, the company earned ($0.11) EPS. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year.

Hedge Funds Weigh In On Stanley Black & Decker

Several hedge funds and other institutional investors have recently made changes to their positions in SWK. Norges Bank acquired a new position in Stanley Black & Decker during the fourth quarter valued at approximately $133,952,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Stanley Black & Decker by 7.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,410,842 shares of the industrial products company’s stock worth $1,802,975,000 after buying an additional 1,250,925 shares in the last quarter. Kodai Capital Management LP bought a new stake in shares of Stanley Black & Decker during the 4th quarter worth $32,679,000. Dimensional Fund Advisors LP boosted its stake in Stanley Black & Decker by 18.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,682,585 shares of the industrial products company’s stock valued at $134,444,000 after buying an additional 267,013 shares in the last quarter. Finally, Sabal Trust CO acquired a new position in Stanley Black & Decker during the second quarter worth about $19,878,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Stanley Black & Decker news, SVP Janet Link sold 13,520 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $103.91, for a total transaction of $1,404,863.20. Following the transaction, the senior vice president now owns 31,960 shares in the company, valued at approximately $3,320,963.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.50% of the stock is currently owned by company insiders.

Stanley Black & Decker Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd were paid a $0.82 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.81. This represents a $3.28 annualized dividend and a yield of 3.13%. Stanley Black & Decker’s payout ratio is -475.36%.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.