13 Best Dividend Kings to Buy in 2026

10. Stanley Black & Decker, Inc. (NYSE:SWK)

Number of Hedge Fund Holders: 37

Consecutive Years of Dividend Growth: 58

On January 14, Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Stanley Black & Decker, Inc. (NYSE:SWK) to $82 from $75, while keeping an Equal Weight rating on the stock. In his view, 2026 has started on a shaky note, with volatility picking up again. Ahead of the company’s quarterly results, Wells Fargo also warned that anything tied closely to builders looks especially risky after the recent rally. The firm said the broader products space is sending mixed signals and still does not look compelling. The takeaway was clear: don’t chase the stock after the move higher.

In other news, on December 22, Stanley Black & Decker announced it had signed a definitive agreement to sell its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace for $1.8 billion in cash. CAM makes critical fasteners, fittings, and other engineered components used in aerospace and defense.

The business is expected to generate around $405 million to $415 million in FY 2025 revenue, with an adjusted EBITDA margin in the high-teens. Stanley Black & Decker said it plans to use the net cash proceeds mainly to pay down debt, which should help strengthen its balance sheet.

Until the transaction closes, CAM’s financial results will stay under continuing operations and will not be reclassified as discontinued operations. The sale is expected to close in the first half of 2026, assuming regulatory approvals and other standard closing conditions are met.

Stanley Black & Decker, Inc. (NYSE:SWK) is a global tools and industrial company, known for its hand tools, power tools, outdoor equipment, and related accessories. It also has a presence in engineered fastening solutions.