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Stanley Black & Decker Sells Aerospace Unit to Deleverage

Story Highlights
  • Stanley Black & Decker closed the $1.8 billion sale of its CAM aerospace unit to Howmet on April 6, 2026.
  • The company plans to use roughly $1.57 billion in net proceeds to cut debt, target a 2.5x leverage ratio and sharpen focus on core tools and outdoor operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stanley Black & Decker Sells Aerospace Unit to Deleverage

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Stanley Black & Decker ( (SWK) ) has provided an announcement.

On April 6, 2026, Stanley Black & Decker completed the previously announced sale of its Consolidated Aerospace Manufacturing business to Howmet Aerospace for about $1.8 billion in cash. The company expects net proceeds of roughly $1.57 billion, after taxes and fees, and highlighted the contributions of the CAM team as they transition to their new owner.

Management said the divestiture further sharpens the portfolio around core tools and outdoor businesses and is intended to materially reduce debt. By using the proceeds to deleverage, Stanley Black & Decker aims to move its net debt to adjusted EBITDA ratio toward 2.5 times by year-end, creating greater financial flexibility for future capital allocation and shareholder value initiatives.

The most recent analyst rating on (SWK) stock is a Buy with a $76.00 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.

SWK scores in the low-60s because the financial recovery is real (improving margins and stronger free cash flow) but still constrained by sustained revenue contraction and thin net margins. Technicals are supportive with a clear uptrend, while valuation is held back by a high P/E despite a solid dividend yield. Earnings-call guidance is constructive on margins and deleveraging, but near-term demand, tariffs, and promotional/volume pressure keep the risk profile elevated.

To see Spark’s full report on SWK stock, click here.

More about Stanley Black & Decker

Stanley Black & Decker, founded in 1843 and headquartered in the U.S., is a global leader in tools and outdoor equipment, operating manufacturing facilities worldwide. The company’s roughly 43,500 employees produce power tools, hand tools, storage solutions, digital jobsite products, outdoor and lifestyle equipment, and engineered fasteners for builders, tradespeople and DIY users, under brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet.

Average Trading Volume: 1,871,626

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.64B

See more insights into SWK stock on TipRanks’ Stock Analysis page.

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