Brokers Issue Forecasts for Stanley Black & Decker, Inc.’s FY2025 Earnings (NYSE:SWK)

Stanley Black & Decker, Inc. (NYSE:SWKFree Report) – Equities researchers at Zacks Research reduced their FY2025 EPS estimates for shares of Stanley Black & Decker in a research report issued on Tuesday, September 17th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $5.41 per share 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 issued reports on the stock. UBS Group boosted their price target 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. Morgan Stanley assumed coverage on Stanley Black & Decker in a research report on Friday, September 6th. They set an “equal weight” rating and a $107.00 target price on the stock. Barclays lifted their price target on Stanley Black & Decker from $86.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Robert W. Baird increased their price objective on Stanley Black & Decker from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Finally, JPMorgan Chase & Co. lifted their target price on Stanley Black & Decker from $80.00 to $88.00 and gave the company an “underweight” rating in a report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.75.

Read Our Latest Stock Analysis on Stanley Black & Decker

Stanley Black & Decker Trading Up 3.0 %

Shares of SWK opened at $108.01 on Friday. The firm has a market cap of $16.63 billion, a P/E ratio of -156.53, a price-to-earnings-growth ratio of 2.70 and a beta of 1.24. Stanley Black & Decker has a fifty-two week low of $76.26 and a fifty-two week high of $108.37. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.27. The business has a 50-day moving average of $96.82 and a 200 day moving average of $91.21.

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

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.82 per share. 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 3.04%. The ex-dividend date was Tuesday, September 3rd. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -475.36%.

Insiders Place Their Bets

In related news, SVP Janet Link sold 13,520 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $3,320,963.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.50% of the company’s stock.

Institutional Trading of Stanley Black & Decker

A number of institutional investors have recently modified their holdings of SWK. Sei Investments Co. lifted its holdings in Stanley Black & Decker by 11.0% in the 1st quarter. Sei Investments Co. now owns 137,385 shares of the industrial products company’s stock worth $13,454,000 after buying an additional 13,659 shares during the period. First Financial Bankshares Inc purchased a new position in Stanley Black & Decker during the 4th quarter valued at $6,161,000. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Stanley Black & Decker by 6.7% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,702 shares of the industrial products company’s stock worth $460,000 after purchasing an additional 297 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in shares of Stanley Black & Decker by 6.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 121,614 shares of the industrial products company’s stock valued at $11,920,000 after purchasing an additional 7,826 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Stanley Black & Decker by 196.9% during the first quarter. Russell Investments Group Ltd. now owns 106,499 shares of the industrial products company’s stock valued at $10,429,000 after buying an additional 70,625 shares during the period. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Stanley Black & Decker (NYSE:SWK)

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