FY2025 EPS Estimates for Stanley Black & Decker, Inc. (NYSE:SWK) Lowered by Zacks Research

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

Several other brokerages also recently commented on SWK. Morgan Stanley started coverage on shares of Stanley Black & Decker in a report on Friday, September 6th. They issued an “equal weight” rating and a $107.00 price target for the company. Robert W. Baird raised their price target on shares of Stanley Black & Decker from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Monday, July 29th. Barclays raised their price target on shares of Stanley Black & Decker from $86.00 to $96.00 and gave the company an “equal weight” 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 company an “equal weight” rating in a report on Wednesday, July 31st. Finally, The Goldman Sachs Group raised their price target on shares of Stanley Black & Decker from $82.00 to $94.00 and gave the company a “neutral” rating in a report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and a consensus target price of $101.75.

Stanley Black & Decker Stock Down 1.0 %

Stanley Black & Decker stock opened at $106.93 on Friday. The firm has a 50 day simple moving average of $97.19 and a 200 day simple moving average of $91.33. 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 has a 1-year low of $76.26 and a 1-year high of $108.37. The firm has a market capitalization of $16.46 billion, a price-to-earnings ratio of -154.97, a P/E/G ratio of 2.70 and a beta of 1.24.

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

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.82 per share. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.81. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date was Tuesday, September 3rd. Stanley Black & Decker’s payout ratio is currently -475.36%.

Insider Transactions at Stanley Black & Decker

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

Institutional Trading of Stanley Black & Decker

Several hedge funds have recently added to or reduced their stakes in SWK. Norges Bank bought a new stake in Stanley Black & Decker in the fourth quarter worth $133,952,000. Price T Rowe Associates Inc. MD increased its position in shares of Stanley Black & Decker by 7.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 18,410,842 shares of the industrial products company’s stock valued at $1,802,975,000 after acquiring an additional 1,250,925 shares during the period. Kodai Capital Management LP purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at about $32,679,000. Dimensional Fund Advisors LP increased its position in shares of 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 acquiring an additional 267,013 shares during the period. Finally, Sabal Trust CO purchased a new position in shares of Stanley Black & Decker in the second quarter valued at about $19,878,000. 87.77% of the stock is owned by institutional investors.

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.