Fintel reports that on December 19, 2024, Mizuho upgraded their outlook for Stanley Black & Decker (NYSE:SWK) from Neutral to Outperform.
Analyst Price Forecast Suggests 33.92% Upside
As of December 3, 2024, the average one-year price target for Stanley Black & Decker is $105.89/share. The forecasts range from a low of $90.90 to a high of $141.75. The average price target represents an increase of 33.92% from its latest reported closing price of $79.07 / share.
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The projected annual revenue for Stanley Black & Decker is 17,199MM, an increase of 11.81%. The projected annual non-GAAP EPS is 7.29.
What is the Fund Sentiment?
There are 1,466 funds or institutions reporting positions in Stanley Black & Decker. This is an increase of 94 owner(s) or 6.85% in the last quarter. Average portfolio weight of all funds dedicated to SWK is 0.22%, an increase of 10.95%. Total shares owned by institutions increased in the last three months by 1.15% to 159,884K shares. 
The put/call ratio of SWK is 0.71, indicating a bullish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 18,167K shares representing 11.78% ownership of the company. In its prior filing, the firm reported owning 19,615K shares , representing a decrease of 7.97%. The firm increased its portfolio allocation in SWK by 22.84% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,894K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 4,886K shares , representing an increase of 0.17%. The firm increased its portfolio allocation in SWK by 29.70% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 4,032K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 3,949K shares , representing an increase of 2.06%. The firm increased its portfolio allocation in SWK by 29.53% over the last quarter.
Wells Fargo holds 3,876K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 3,900K shares , representing a decrease of 0.62%. The firm decreased its portfolio allocation in SWK by 57.34% over the last quarter.
Geode Capital Management holds 3,580K shares representing 2.32% ownership of the company. In its prior filing, the firm reported owning 3,545K shares , representing an increase of 0.98%. The firm decreased its portfolio allocation in SWK by 32.77% over the last quarter.
Stanley Black & Decker Background Information
(This description is provided by the company.)
Stanley Black & Decker is a purpose-driven, $14.5 billion revenue industrial organization. Stanley Black & Decker has 53,000 employees in more than 60 countries and operates the world's largest tools and storage business, the world's second-largest commercial electronic security services company, a leading engineered fastening business as well as Oil & Gas and Infrastructure businesses. The company's iconic brands include BLACK+DECKER, Bostitch, CRAFTSMAN, DEWALT, FACOM, IRWIN, LENOX, Porter Cable and STANLEY. Stanley Black & Decker is a company for the makers and innovators, the craftsmen and the caregivers, and those doing the hard work to make the world a better place.
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