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

Stanley Black & Decker, Inc. (NYSE:SWK) – Zacks Research dropped their FY2025 earnings per share (EPS) estimates for shares of Stanley Black & Decker in a note issued to investors on Tuesday, September 17th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $5.41 for the year, down from their prior forecast of $5.42. The consensus estimate for Stanley Black & Decker’s current full-year earnings is $4.22 per share.

Several other analysts have also recently commented on SWK. Wells Fargo & Company boosted their price target on Stanley Black & Decker from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. UBS Group increased their target price on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Robert W. Baird boosted their price target on shares of Stanley Black & Decker from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of Stanley Black & Decker from $80.00 to $88.00 and gave the company an “underweight” rating in a report on Monday, August 5th. Finally, The Goldman Sachs Group boosted their target price on Stanley Black & Decker from $82.00 to $94.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $101.75.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $106.93 on Friday. The stock has a 50 day moving average of $97.19 and a two-hundred day moving average of $91.35. Stanley Black & Decker has a 12 month low of $76.26 and a 12 month high of $108.37. The firm has a market cap of $16.45 billion, a P/E ratio of -154.97, a price-to-earnings-growth ratio of 2.70 and a beta of 1.24. The company has a current ratio of 1.27, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64.

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

Institutional Investors Weigh In On Stanley Black & Decker

A number of institutional investors and hedge funds have recently made changes to their positions in SWK. Oregon Public Employees Retirement Fund raised its position in Stanley Black & Decker by 0.8% in the second quarter. Oregon Public Employees Retirement Fund now owns 13,200 shares of the industrial products company’s stock valued at $1,055,000 after purchasing an additional 100 shares during the period. Czech National Bank lifted its stake in Stanley Black & Decker by 0.5% during the 1st quarter. Czech National Bank now owns 26,975 shares of the industrial products company’s stock worth $2,642,000 after acquiring an additional 124 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in Stanley Black & Decker by 39.3% during the 4th quarter. Brown Brothers Harriman & Co. now owns 496 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 140 shares during the period. Copperwynd Financial LLC grew its position in Stanley Black & Decker by 7.1% in the 2nd quarter. Copperwynd Financial LLC now owns 2,316 shares of the industrial products company’s stock valued at $185,000 after acquiring an additional 153 shares in the last quarter. Finally, Rockland Trust Co. increased its stake in Stanley Black & Decker by 1.5% during the second quarter. Rockland Trust Co. now owns 10,632 shares of the industrial products company’s stock worth $849,000 after purchasing an additional 157 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd were issued a $0.82 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.81. This represents a $3.28 dividend on an annualized basis and a yield of 3.07%. Stanley Black & Decker’s dividend payout ratio is currently -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.