Stanley Black & Decker to divest Excel Industries
Stanley Black & Decker ( (SWK) ) has shared an announcement.
On September 4, 2026, Stanley Black & Decker announced a definitive agreement to sell its Excel Industries business, including the Hustler brand of professional-grade, gas-powered ride-on and zero-turn mowers, to Bad Boy Mowers. Excel was expected to generate about $300 million in fiscal 2026 revenue, and its results will remain in continuing operations until the transaction closes, which is subject to regulatory approval and customary conditions.
Management framed the divestiture as a portfolio refinement aimed at concentrating resources on the company’s biggest brands and high-growth opportunities, particularly in electric outdoor products and residential ride-on and zero-turn mowers. Stanley Black & Decker said it does not expect the deal to be dilutive to adjusted EPS, underscoring its focus on shareholder value while maintaining a strong outdoor business built around brands such as Cub Cadet, Dewalt, Craftsman, Troy-Bilt and Black+Decker.
The most recent analyst rating on (SWK) stock is a Hold
with a $96.00 price target.
To see the full list of analyst forecasts on Stanley Black & Decker stock,
see the SWK Stock Forecast page.
Spark’s Take on SWK Stock
According to Spark, TipRanks’ AI Analyst, SWK is a Neutral.
The score is driven primarily by improving financial performance (notably strong current cash generation and stabilizing leverage) and a constructive price trend with shares above key moving averages. Earnings-call takeaways are broadly positive due to raised EPS/FCF guidance and margin progress, but the outlook still carries execution and macro risks (mostly flat revenue guidance, outdoor softness, and tariff/inflation uncertainty). Valuation tempers the overall score given the high P/E despite an attractive dividend yield.
To see Spark’s full report on SWK stock,
click here.
More about Stanley Black & Decker
Founded in 1843 and headquartered in the U.S., Stanley Black & Decker is a global leader in tools and outdoor equipment, operating manufacturing facilities worldwide. The company’s roughly 41,000 employees produce power tools, hand tools, storage solutions, outdoor and lifestyle products, and engineered fasteners for builders, tradespeople and DIY users.
Its portfolio features major brands including DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet, positioning the company strongly across consumer and professional markets. These brands underpin Stanley Black & Decker’s strategy of focusing on its largest, high-growth businesses in tools and outdoor categories.
Average Trading Volume: 1,766,977
Technical Sentiment Signal: Buy
Current Market Cap: $14.63B
See more data about SWK stock on TipRanks’ Stock Analysis page.
