Stanley Black & Decker: Solid Start To 2026 For This Dividend Aristocrat

Stanley Black & Decker remains a "Buy," trading at a low-teens P/E and offering a high dividend yield with improving fundamentals. Q1 2026 results beat expectations: $0.80 EPS vs. $0.59 consensus, $3.85B revenue, and strong capital allocation via $1.6 billion CAM divestiture. SWK targets gross margin expansion to 34%–35% in 2H, expects leverage to drop to ~2.5x, and plans shareholder returns through buybacks.