Morgan Stanley Raises Stanley Black & Decker (SWK) Price Forecast, Cites Margin Recovery Potential

Core Viewpoint - Stanley Black & Decker, Inc. is recognized as one of the best affordable dividend stocks to buy according to analysts, indicating a positive outlook for the company despite challenges in the market [1]. Group 1: Earnings and Analyst Ratings - Morgan Stanley raised its price target for Stanley Black & Decker from $80 to $87, maintaining an Equal Weight rating, reflecting a reassessment of the company's risk and reward outlook following its latest earnings report [2]. - The analyst anticipates potential improvement in earnings per share (EPS), primarily driven by stronger gross margins, although the overall market environment remains challenging [2]. - There is an acknowledgment of intensified competition and a lack of full recovery in demand within the Tools & Outdoor segment, with no clear catalyst identified for a significant turnaround [2]. Group 2: Dividend Announcement - The Board of Directors approved a regular first-quarter cash dividend of $0.83 per common share, with payment scheduled for March 24, 2026, for shareholders on record as of March 10, 2026 [3]. - Stanley Black & Decker operates globally, providing a range of products including hand tools, power tools, outdoor products, and engineered fastening solutions through its various segments [3].