Stanley Black & Decker uzavřel definitivní dohodu o prodeji Excel Industries společnosti Bad Boy Mowers. Excel má ve FY 2026 výnosy kolem 300 milionů USD.
Transaction Further Refines the Company's Portfolio to Focus on Growing Its Biggest Brands and Businesses
, /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that it has entered into a definitive agreement to sell its Excel Industries ("Excel") business to Bad Boy Mowers. Excel, which is primarily made up of the professional-grade, gas-powered, ride-on and zero-turn mowers under the Hustler® brand, is expected to generate FY 2026 revenue of approximately $300 million.
Chris Nelson, Stanley Black & Decker's President & CEO, commented, "The sale of Excel further refines our portfolio and unlocks greater shareholder value by concentrating resources on the areas where we see the most compelling opportunities to grow and win.
We remain committed to growing our Outdoor business through innovation and our strong family of brands, including Cub Cadet, Dewalt, Craftsman, Troy-Bilt, and Black+Decker. We are excited about the high-growth opportunities presented in electric outdoor products, and we will continue to thoughtfully invest in high-performance, residential ride-on and zero-turn mowers. We are confident in our plans to drive organic growth and margin expansion across this portion of our business."
Bill Beck, President, Tools & Outdoor, Stanley Black & Decker, stated, "Our Outdoor business and brands remain a strong asset, with meaningful value and opportunity ahead. As we take this next step, I want to recognize and thank our Excel team members for their exceptional dedication, hard work, and valuable contributions. Because of their efforts, the business has strong momentum and is well positioned for the future."
"We are excited to welcome Hustler and its talented team to the Bad Boy family," said Peter Ballantyne, CEO of Bad Boy Mowers. "We have tremendous respect for the business and the team that has built it over many decades. We look forward to supporting Hustler's continued success as a leader in professional grade mowers."
The transaction is subject to regulatory approval and other customary closing conditions. The Company does not expect the transaction to be dilutive to adjusted EPS. Until the transaction closes, the results of Excel will remain in continuing operations and will not be reclassified as discontinued operations.
BofA Securities, Inc. is acting as financial advisor and Cravath, Swaine & Moore LLP is acting as external legal counsel to Stanley Black & Decker.
About Excel Industries
Excel is a leading designer and manufacturer of premium commercial and residential turf-care equipment under the distinct brand of Hustler Turf Equipment (Hustler). Excel serves an extensive network of independent equipment dealer outlets that stock, sell, and service Hustler products in the United States and Canada. Excel has a strong legacy of innovation and launched the first hydrostatic zero-turn mower in 1964. Excel is located in Hesston, Kansas.
About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 41,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.
Stanley Black & Decker makes forward-looking statements in this press release which represent its expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections, proceeds or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements made in this press release include, but are not limited to, statements concerning: consummation of the transaction described herein; the Company's ability to maximize value to shareholders through active portfolio management and capital allocation; the Company's capital allocation strategy; and the expected impact of the transaction on adjusted EPS.
You are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are not guarantees of future events and involve risks, uncertainties and other known and unknown factors that may cause actual results and performance to be materially different from any future results or performance expressed or implied by such forward-looking statements, including, but not limited to, the failure to realize the expected benefits of the Company's value creation and capital allocation strategies or the expected impact of the transaction on adjusted EPS.
Forward-looking statements made herein are also subject to risks and uncertainties described in Stanley Black & Decker's 2025 Annual Report on Form 10-K, its subsequently filed Quarterly Reports on Form 10-Q, and other filings Stanley Black & Decker makes with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. Stanley Black & Decker makes no commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date of any forward-looking statement.
Beacon Pointe Advisors ve 2. čtvrtletí nakoupila novou pozici ve Stanley Black & Decker za zhruba 1,365 milionu USD. Firma zároveň oznámila čtvrtletní dividendu ve výši 0,84 USD na akcii.
Beacon Pointe Advisors LLC bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,498 shares of the industrial products company’s stock, valued at approximately $1,365,000.
Other institutional investors have also bought and sold shares of the company. Chapman Financial Group LLC acquired a new stake in Stanley Black & Decker during the second quarter worth approximately $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker in the second quarter valued at approximately $28,000. Kovack Advisors Inc. bought a new position in shares of Stanley Black & Decker during the 4th quarter worth approximately $28,000. Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $31,000. Finally, Compass Financial Management LLC bought a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at $31,000. Institutional investors own 87.77% of the company’s stock.
Stanley Black & Decker Stock Up 0.1% Stanley Black & Decker stock opened at $97.86 on Monday. The firm has a market capitalization of $14.78 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16. The firm’s fifty day moving average price is $94.44 and its two-hundred day moving average price is $83.68. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $104.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The firm’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year. Stanley Black & Decker Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. Stanley Black & Decker’s payout ratio is presently 80.98%.
Analyst Ratings Changes A number of research analysts recently issued reports on SWK shares. Citigroup boosted their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wall Street Zen downgraded shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Wells Fargo & Company increased their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. Finally, Morgan Stanley set a $96.00 target price on Stanley Black & Decker in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $92.25.
Get Our Latest Analysis on SWK
Stanley Black & Decker Profile (Free Report)
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
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Stanley Black & Decker za 2. čtvrtletí překonal odhady zisku i tržeb a zvýšil celoroční výhled zisku i volného cash flow. Akcie za zhruba měsíc přidaly 3,9 %.
It has been about a month since the last earnings report for Stanley Black & Decker (SWK - Free Report) . Shares have added about 3.9% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Stanley Black & Decker due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Stanley Black & Decker, Inc. before we dive into how investors and analysts have reacted as of late.
Stanley Black Beats Q2 Earnings Estimates on Margin Expansion, Raises OutlookStanley Black reported adjusted earnings of $1.57 per share for the second quarter of 2026, which beat the Zacks Consensus Estimate of $1.20 by 30.8%. The bottom line increased from adjusted earnings of $1.08 per share reported in the year-ago quarter.
Net sales of $3.96 billion surpassed the consensus estimate of $3.93 billion by 0.7% and increased 0.4% year over year. Higher organic sales, improved gross margins and strong cash generation supported the quarter, while the company also raised its full-year earnings and free cash flow guidance.
Segmental PerformanceStanley Black generated Tools & Outdoor revenues of $3.56 billion, up 3% year over year, driven by higher volumes in U.S. retail and commercial & industrial channels. Organic revenues for the segment also increased 3%, aided by strength in power tools despite the transition to a licensing model for gas walk-behind outdoor products.
Engineered Fastening revenues declined 18% year over year to $396.4 million due to the divestiture of the Consolidated Aerospace Manufacturing (CAM) business. Excluding the divestiture impact, organic revenues increased 3%, supported by industrial demand and continued automotive fastener growth.
Stanley Black's Margin StrengthStanley Black's cost of sales declined 7.8% year over year to $2.65 billion. Gross profit increased 22.4% to $1.31 billion, lifting the gross margin by 600 basis points to 33.0%. On an adjusted basis, gross margin expanded 620 basis points to 33.7%, benefiting from tariff refunds and productivity improvements.
Selling, general and administrative expenses increased 8.6% year over year to $947.9 million and represented 23.9% of sales compared with 22.1% a year ago. Adjusted EBITDA was $445.7 million, indicating a year-over-year increase of 40.1%. The adjusted EBITDA margin improved 320 basis points to 11.3%, while net earnings rose sharply to $351.3 million from $101.9 million in the prior-year quarter.
Cash Flow and Balance SheetStanley Black ended the quarter with cash and cash equivalents of $592.4 million compared with $280.1 million at the end of 2025. Long-term debt was $4.70 billion, largely unchanged from the figure reported at the end of 2025. The company reduced total debt by $1.7 billion during the quarter using proceeds from the CAM divestiture.
Cash provided by operating activities totaled $763.1 million compared with $214.3 million in the year-ago quarter. Capital and software expenditures were $64.9 million, resulting in free cash flow of $698.2 million compared with $134.7 million in the year-ago quarter. During the quarter, the company repurchased approximately $250 million of shares and paid dividends of $124.3 million.
Stanley Black Raises 2026 OutlookManagement raised its 2026 GAAP earnings guidance to $4.60-$5.45 per share from the prior range of $4.15-$5.35. Adjusted earnings are now projected in the range of $5.20-$5.80 per share, up from the earlier outlook of $4.90-$5.70.
The company also increased its free cash flow forecast to $600-$800 million from the previous expectation of $500-$700 million. Management said the revised guidance reflects the benefit from tariff refunds realized in the second quarter as well as taxes and fees associated with the CAM divestiture.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -7.76% due to these changes.
VGM ScoresAt this time, Stanley Black & Decker has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock has a score of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Stanley Black & Decker has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Allworth Financial LP během 2. čtvrtletí koupila nový podíl ve Stanley Black & Decker o 6 297 akciích za zhruba 593 000 USD. Firma zároveň zvýšila čtvrtletní dividendu na 0,84 USD na akcii.
Allworth Financial LP purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,297 shares of the industrial products company’s stock, valued at approximately $593,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Cardinal Point Capital Management ULC lifted its holdings in shares of Stanley Black & Decker by 2.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in Stanley Black & Decker by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after purchasing an additional 126 shares in the last quarter. Boothbay Fund Management LLC raised its holdings in Stanley Black & Decker by 4.0% during the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after buying an additional 132 shares during the period. Bessemer Group Inc. lifted its position in shares of Stanley Black & Decker by 1.5% in the 1st quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after acquiring an additional 134 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in Stanley Black & Decker by 19.9% in the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 146 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several brokerages have recently commented on SWK. Citigroup raised their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a research note on Monday, August 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and a consensus price target of $92.25.
Check Out Our Latest Stock Analysis on Stanley Black & Decker Stanley Black & Decker Trading Down 0.1% NYSE:SWK opened at $99.91 on Monday. The company has a market capitalization of $15.09 billion, a P/E ratio of 24.37, a P/E/G ratio of 1.34 and a beta of 1.16. The stock’s 50 day moving average price is $93.06 and its 200 day moving average price is $83.23. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company’s revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts forecast that Stanley Black & Decker, Inc. will post 5.57 EPS for the current fiscal year.
Stanley Black & Decker Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. Stanley Black & Decker’s dividend payout ratio is currently 80.98%.
More Stanley Black & Decker News Here are the key news stories impacting Stanley Black & Decker this week:
Positive Sentiment: CNBC commentator Jim Cramer called SWK a “pick-and-shovel” beneficiary of a potential home-renovation cycle, citing strong results from Home Depot and Lowe’s as evidence that demand for tools could improve. Cramer Targets Stanley Black & Decker as the Pick-and-Shovel Play on Home Renovation Boom Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $5.53 from $5.30, FY2027 EPS to $6.10 from $5.77, and FY2028 EPS to $6.60 from $6.55. It also increased several quarterly estimates, suggesting better expected earnings momentum. Stanley Black & Decker analyst estimates Positive Sentiment: Analyst commentary highlighted traction in the Engineered Fastening segment, supported by automotive and industrial demand, while the company’s $2.1 billion cost-savings program could provide additional operating leverage. Will Strength in Engineered Fastening Unit Continue to Drive SWK’s Growth? Positive Sentiment: From a technical perspective, SWK moved above its 20-day moving average and was described as showing a potential short-term bullish trend, supporting the recent price strength. Stanley Black & Decker Just Flashed Golden Cross Signal Neutral Sentiment: A report noted that Stanley Black & Decker’s 2026 outlook and planned $1 billion U.S. investment are reshaping the company’s longer-term growth narrative, although the investment could require substantial upfront spending. Stanley Black & Decker stock holds gains Neutral Sentiment: Zacks reduced its Q3 2026 EPS estimate to $1.52 from $1.66 and made a minor cut to its Q4 estimate, partially offsetting the broader upward revisions. Full-year consensus remains $5.58 per share. Stanley Black & Decker earnings estimates Stanley Black & Decker Company Profile (Free Report)
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
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Jim Cramer označil Stanley Black & Decker za sázku na renovace, protože silná poptávka po ručním nářadí u Home Depot a Lowe’s podporuje prodeje DeWalt a Black & Decker. SWK zároveň v 2Q zvýšila organické tržby o 3 % a u elektrického nářadí o 8 %.
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Jim Cramer used his Stop Trading segment on CNBC to argue that Stanley Black & Decker (NYSE:SWK | SWK Price Prediction) is a buy, connecting strong quarters from Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) to a renovation cycle. Hand tool sell-through was strong at both retailers; single-family housing starts remain weak, yet DIY buyers at Lowe’s and small contractors at Home Depot continue to pull DeWalt and Black & Decker products off the shelves.
“The renovation trade has come back on the do it yourself renovation at Lowe’s and the small contractor renovation at Home Depot are powering what I think are great sales for DeWalt, for Home Depot, and then for regular Black and Decker for Lowe’s,” Cramer said.
SWK closed at $98.85 on Thursday, down 0.95% on the day but up roughly 36% year to date. The market has partly priced in the thesis Cramer is amplifying.
What Cramer Said About the Renovation Trade Cramer frames SWK as the pick-and-shovel supplier to both big-box retailers. “Hand tools very strong for both. That’s Stanley Black and Decker SWK. I think they have to be having an unbelievable quarter,” he said.
He flagged a cleaner balance sheet from an asset sale, which meaningfully reduced leverage. The Q2 filing showed $1.7 billion in debt retired using divestiture proceeds, disclosed in the company’s 8-K exhibit.
“This may be a way to be able to play both of them because I know that they’re disparate and they’re different product lines except for when it comes to hand tools,” he added.
He stopped short of calling it a long-term position, saying, “the trade works, I really do. May develop into an investment. Frankly it’s a good place to be.”
Retailer Read-Through Only Gets You Halfway Home Depot said Q2 was a record-setting sales quarter for portable power tools, and Lowe’s plans to add over 150 new DeWalt items. That shows unit demand for SWK’s premium line.
Strong sell-through tells you what moved off shelves rather than what the supplier earned on it. SWK’s Q2 showed 3% organic revenue growth, with power tools organic revenue up 8%.
Margin benefited from a temporary source. Roughly 250 basis points of gross margin and about $0.17 of adjusted EPS came from IEEPA tariff refunds, which management has not extended into second-half guidance.
CFO Patrick Hallinan said the company keeps “dialing in promotional activity as we’ve learned more about elasticity kind of in this post-tariff high inflation environment.” A tool maker can post good volume while promotional cadence squeezes contribution margin.
Why the Composition of Demand Matters More Than the Level The durable part of the thesis is the mix. Renovation and repair spending is funded from home equity and cash flow, so it does not depend on housing turnover. Home Depot management described the housing market as frozen, noting that turnover had been at historically low levels for four years with no clear inflection point. Even so, 13 of 16 merchandising departments posted positive comparable sales.
Lowe’s described steady Pro backlogs alongside cautious homeowners choosing smaller repair and maintenance projects. That mix favors a tool supplier because tools are consumables on a work cycle.
The professional channel is the higher-quality half of the story. SWK’s U.S. commercial and industrial channel grew low double digits, and Chris Nelson described “DeWalt, which continues to lead as our growth engine focused on the pro.”
Trade or Investment: How to Frame the Setup Cramer hedged on duration, and that hedge is right. The current setup looks like a catalyst-driven trade with a cleaner balance sheet underneath, and the compounder case still needs to be earned.
Valuation reflects some of that already. Trailing PE is near 24x, forward PE is closer to 18x, and the analyst consensus target of $99.36 is essentially at the current quote.
Income is real support. The forward dividend is $3.36 annualized, with the payout raised to $0.84 for the September payment, backed by higher free cash flow guidance of $600 million to $800 million.
The risk is that the tariff refund fades, Europe stays soft, and a promotional consumer keeps pressuring pricing even as unit demand holds. Cramer’s read-through is directionally right. For readers weighing the name, the professional channel and the repair-and-maintenance mix are the parts worth underwriting while the housing recovery remains on hold.
Contact [email protected] for any questions or corrections.
Stanley Black & Decker v 2. čtvrtletí 2026 zvýšila organické tržby divize Engineered Fastening o 3 %, tažené hlavně automobilovým a průmyslovým segmentem. Program snižování nákladů přinesl zhruba 2,1 mld. USD v úsporách před zdaněním.
Key Takeaways Stanley Black & Decker's Engineered Fastening segment posted 3% organic revenue growth in Q2 2026.Automotive sales rose 2% and industrial sales grew 7% organically in the second quarter.SWK's cost program delivered roughly $2.1B in pre-tax run-rate savings, supporting profitability gains. Stanley Black & Decker, Inc. (SWK - Free Report) has been witnessing solid growth in the Engineered Fastening segment, driven by persistent strength across the automotive and industrial markets.
The automotive market continued to perform well, driven by healthy global fastener system sales, and generated 2% organic growth in the second quarter of 2026. Also, the industrial market posted 7% year-over-year organic growth in the quarter. In the second quarter of 2026, the segment’s revenues grew 3% on an organic basis year over year. For 2026, the company expects the segment’s revenues to grow in the low-to-mid single-digit range, supported by volume leverage and continued operational improvements.
SWK completed its multi-year global cost-reduction program in the fourth quarter of 2025, implementing initiatives to resize the organization, optimize inventory, streamline the supply chain and improve profitability. The program achieved its financial targets, having generated roughly $2.1 billion in pre-tax run-rate savings, including incremental savings of $120 million in the fourth quarter of 2025. Approximately $1.5 billion of savings came from core supply-chain initiatives, including operational excellence, material productivity and complexity reduction. These actions are expected to support continued profitability improvement and strengthen SWK’s segment’s financial performance in the coming quarters.
Segment Snapshot of SWK’s PeersRBC Bearings Incorporated (RBC - Free Report) is witnessing strength in the Industrial segment. RBC Bearings segment’s revenues increased 8.4% year over year to $294.1 million in the first quarter of fiscal 2027. RBC’s segment accounted for 56.6% of total quarterly sales, maintaining its position as the company’s largest revenue contributor.
IDEX Corporation (IEX - Free Report) is benefiting from strength in the Fluid & Metering Technologies (FMT). An increase in demand for products across the municipal water end market has been proving beneficial for IDEX’s FMT segment. Higher demand for mining application solutions also bodes well for the segment.
SWK’s Price Performance, Valuation and EstimatesShares of Stanley Black have gained 13.1% in the past month compared with the industry’s growth of 9%.
Image Source: Zacks Investment Research
From a valuation standpoint, SWK is trading at a forward price-to-earnings ratio of 16.78X, below the industry’s average of 16.42X. Stanley Black carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SWK’s 2026 earnings has increased 4.3% over the past 60 days.
Image Source: Zacks Investment Research
Stanley Black currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Stanley Black & Decker investuje v USA 1 miliardu USD do inovací, vývoje nových nástrojů a posílení výroby. Součástí je i 60 milionů USD na rozvoj kvalifikovaných řemesel.
, /PRNewswire/ -- As U.S. infrastructure investment accelerates, the construction sector faces a critical challenge: deploying cutting-edge tools and technologies to boost productivity while closing a widening skilled trades gap, with nearly half a million new workers needed by 2027. Against this backdrop, Stanley Black & Decker (NYSE: SWK) is investing $1 billion in the U.S. to advance innovation, develop next-generation tools and solutions, and increase access to training opportunities to expand the skilled trades workforce.
"Our U.S. investment strategy has multiple dimensions and goes far beyond expanding manufacturing - it's about igniting innovation, building world-class capabilities, and redefining the future of work in America," said Chris Nelson, Stanley Black & Decker's President and Chief Executive Officer. "By leaning into research and development and investing in the future of our U.S. operations, we are setting the benchmark for next-generation products and solutions. These investments will empower America's tradespeople to work safer, reach new levels of productivity, and rise to help solve the nation's toughest challenges. This is how we plan to lead America forward - by building, competing, and innovating."
Of the $1 billion Stanley Black & Decker plans to invest through 2028, approximately 50% will go to research and development to accelerate the creation of next-generation tools and breakthrough solutions for trades professionals. The other 50% will support capital expenditures and long-term investments to further strengthen its U.S. manufacturing footprint and support new product development. In addition, Stanley Black & Decker has committed to investing $60 million through its DEWALT Grow the Trades initiative through 2030 - of which $27 million has already been deployed - to expand training programs and open new pathways to rewarding careers in the skilled trades.
"By advancing technology, investing in U.S. manufacturing and expanding training to skilled trades Stanley Black & Decker is helping to build a stronger workforce and a more resilient future for communities across the nation," said Nelson.
Jay Timmons, President and CEO of the National Association of Manufacturers, underscored the far-reaching impact of Stanley Black & Decker's investment in the United States. "For more than 180 years, Stanley Black & Decker has helped define what it means to make things in America - innovating, investing and creating opportunities for manufacturing workers and the communities they serve. Their commitment to strengthening U.S. manufacturing and empowering America's manufacturers exemplifies the leadership our nation needs. These investments not only reinforce our industrial foundation - they open doors to new economic opportunities and secure a brighter future for communities across the country. This is the kind of vision that propels our industry forward."
About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 41,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.
Forward-looking statements, within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, are made in this press release, including statements concerning Stanley Black & Decker's investment, innovation and philanthropy initiatives and anticipated benefits from such initiatives. These forward-looking statements are sometimes identified from the use of forward-looking words such as "believe," "should," "could," "potential," "continue," "expect," "project," "estimate," "predict," "anticipate," "aim," "intend," "plan," "forecast," "target," "is likely," "will," "can," "may" or "would" or the negative of these terms or similar expressions elsewhere in this press release. All forward-looking statements are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, Stanley Black & Decker's ability to successfully implement its investment strategy, macroeconomic and geopolitical conditions and other financial, operational and legal risks and uncertainties detailed from time to time in the Company's risk factors and cautionary statements contained in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's expectations as of the date of this press release. The Company disclaims, however, any intent or obligation to update these forward-looking statements.
California State Teachers Retirement System v 1. čtvrtletí zvýšil podíl ve Stanley Black & Decker o 22,3 % na 178 974 akcií. Firma zároveň oznámila kvartální dividendu 0,84 USD na akcii, dříve 0,83 USD.
California State Teachers Retirement System lifted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 22.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 178,974 shares of the industrial products company’s stock after buying an additional 32,606 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Stanley Black & Decker worth $12,718,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Chapman Financial Group LLC bought a new position in Stanley Black & Decker in the second quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new position in shares of Stanley Black & Decker during the second quarter valued at approximately $28,000. Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter worth approximately $31,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Stanley Black & Decker by 96.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 466 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 229 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts recently commented on the company. The Goldman Sachs Group restated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a research note on Thursday, April 30th. Morgan Stanley reduced their price target on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. JPMorgan Chase & Co. increased their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and an average price target of $90.22.
Check Out Our Latest Report on Stanley Black & Decker
Stanley Black & Decker Stock Performance Shares of SWK stock opened at $94.60 on Monday. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $96.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The firm has a market capitalization of $14.29 billion, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 1.30 and a beta of 1.16. The business has a 50 day simple moving average of $86.50 and a 200 day simple moving average of $81.19.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the business earned $1.08 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.43 EPS for the current year.
Stanley Black & Decker Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.6%. Stanley Black & Decker’s dividend payout ratio is currently 80.98%.
Stanley Black & Decker Profile (Free Report)
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
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Stanley Black & Decker ve 2. čtvrtletí vykázal zisk na akcii 1,57 USD, nad odhadem 1,20 USD. Tržby dosáhly 3,96 miliardy USD a také překonaly očekávání.
Stanley Black & Decker (SWK - Free Report) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.2 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +30.83%. A quarter ago, it was expected that this tool company would post earnings of $0.61 per share when it actually produced earnings of $0.8, delivering a surprise of +31.15%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Stanley Black & Decker, which belongs to the Zacks Manufacturing - Tools & Related Products industry, posted revenues of $3.96 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.71%. This compares to year-ago revenues of $3.95 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Stanley Black & Decker shares have added about 26.8% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Stanley Black & Decker?While Stanley Black & Decker has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Stanley Black & Decker was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.66 on $3.68 billion in revenues for the coming quarter and $5.35 on $15.15 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Tools & Related Products is currently in the bottom 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Kennametal (KMT - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This engineered products maker is expected to post quarterly earnings of $1.62 per share in its upcoming report, which represents a year-over-year change of +376.5%. The consensus EPS estimate for the quarter has been revised 153.3% higher over the last 30 days to the current level.
Kennametal's revenues are expected to be $719.89 million, up 39.4% from the year-ago quarter.
Key Takeaways Stanley Black & Decker is expected to post higher Q2 earnings despite slightly lower revenues.SWK may benefit from DEWALT momentum, outdoor product demand and ongoing cost-efficiency initiatives.Stanley Black & Decker faces headwinds from DIY softness, aerospace labor shortages and higher costs. Stanley Black & Decker, Inc. (SWK - Free Report) is scheduled to release second-quarter 2026 results on July 29, before market open.
The Zacks Consensus Estimate for this New Britain, CT-based tool maker’s second-quarter revenues is pegged at $3.93 billion, indicating a decline of 0.3% from the year-ago quarter. The consensus estimate for adjusted earnings is pinned at $1.20 per share. The figure indicates growth of 11.1% from the year-ago quarter’s number.
The consensus estimate for earnings has declined 0.8% over the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 61.6%.
Let’s see how things have shaped up for Stanley Black before the announcement.
Factors Likely to Have Shaped SWK’s Quarterly PerformanceStanley Black’s Tools & Outdoor segment’s results are expected to benefit from the solid momentum in its DEWALT business and recovery in demand for outdoor products. However, softness in the DIY market and depressing demand for hand tools remain concerning. We expect the Tools & Outdoor segment’s revenues to increase 2.3% year over year to $3.54 billion.
Strength in the aerospace market and solid momentum in the automotive market are expected to have aided the Engineered Fastening segment’s second-quarter performance. However, the company divested its business unit, Consolidated Aerospace Manufacturing LLC (“CAM”), in April 2026, which is likely to weigh on the segment’s top-line results. We expect the Engineered Fastening segment’s revenues to decline 17.8% year over year to $397 million.
Stanley Black has been incurring high costs and operating expenses over time, which are likely to have weighed on its performance. Also, supply-chain challenges and labor shortages, especially in the aerospace market, are likely to affect its results in the to-be-reported quarter.
Nevertheless, SWK’s focus on cost reduction and operational efficiency is likely to have supported its bottom line in the to-be-reported quarter. The company is expected to have put up a healthy margin performance, aided by supply-chain transformation and inventory reduction efforts.
Earnings WhisperOur proven model does not conclusively predict an earnings beat for Stanley Black this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: Stanley Black has an Earnings ESP of -0.18%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: SWK presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks With the Favorable CombinationHere are three companies, which according to our model, have the right combination of elements to post an earnings beat this season.
Crane Company (CR - Free Report) has an Earnings ESP of +4.73% and a Zacks Rank of 2 at present. The company is scheduled to release second-quarter 2026 results on July 28.
Crane’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 11.3%.
Ingersoll Rand Inc. (IR - Free Report) has an Earnings ESP of +0.61% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2026 results on July 30.
Ingersoll Rand’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while matching the mark in two, the average surprise being 2.4%.
RBC Bearings Incorporated (RBC - Free Report) has an Earnings ESP of +0.66% and a Zacks Rank of 2 at present. The company is scheduled to release first-quarter fiscal 2027 earnings on July 31, before market open.
RBC Bearings’ earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.2%.
Stanley Black & Decker schválila zvýšení čtvrtletní dividendy o 0,01 USD na 0,84 USD na akcii. Vyplacena bude 22. září 2026 akcionářům, kteří budou zapsáni k 8. září 2026.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact Board of Directors Approves Quarterly Cash Dividend Increase to $0.84 Per Share
, /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a global leader in tools and outdoor solutions, announced today that its Board of Directors approved a $0.01 increase of its quarterly cash dividend to $0.84 per common share. The dividend is payable on Tuesday, September 22, 2026, to shareholders of record as of the close of business on Tuesday, September 8, 2026.
About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 43,500 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.
Stanley Black & Decker (SWK - Free Report) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis tool company is expected to post quarterly earnings of $1.20 per share in its upcoming report, which represents a year-over-year change of +11.1%.
Revenues are expected to be $3.93 billion, down 0.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.36% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Stanley Black & Decker?For Stanley Black & Decker, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.18%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Stanley Black & Decker will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Stanley Black & Decker would post earnings of $0.61 per share when it actually produced earnings of $0.80, delivering a surprise of +31.15%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Stanley Black & Decker doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
