Sectors & IndustriesIndustrialsTools & Accessories
Best Tool & Accessory Stocks to Buy Now (2025)
Top tool & accessory stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best tool & accessory stocks to buy now. Learn More.

Industry: Tools & Accessories
A
Tools & Accessories is Zen Rated A and is the 5th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
LECO
LINCOLN ELECTRIC HOLDINGS INC
$9.66B1.26%35.00%$0.7500$2.1725%0
EML
EASTERN CO
$120.37M1.68%-32.10%$0.1100$0.3334%0
SWK
STANLEY BLACK & DECKER INC
$8.70B4.36%166.30%$0.8200$2.4675%0
TKR
TIMKEN CO
$4.21B1.69%20.30%$0.3400$1.0235%0
TTC
TORO CO
$6.57B2.25%37.10%$0.3800$1.4846%0
RBC
RBC BEARINGS INC
$9.86BN/A0.00%N/AN/AN/AN/A
HLMN
HILLMAN SOLUTIONS CORP
$1.45BN/A0.00%N/AN/AN/AN/A
KMT
KENNAMETAL INC
$1.44B4.31%65.60%$0.2000$0.8074%0
SNA
SNAP-ON INC
$15.29B2.74%41.10%$2.1400$8.0054%0
CVR
CHICAGO RIVET & MACHINE CO
$8.35M3.01%-4.50%$0.0300$0.2659%7

Tool & Accessory Stocks FAQ

What are the best tool & accessory stocks to buy right now in Apr 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best tool & accessory stocks to buy right now are:

1. Lincoln Electric Holdings (NASDAQ:LECO)


Lincoln Electric Holdings (NASDAQ:LECO) is the #1 top tool & accessory stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Lincoln Electric Holdings (NASDAQ:LECO) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: A, and AI: C.

Lincoln Electric Holdings (NASDAQ:LECO) has a Due Diligence Score of 51, which is 15 points higher than the tool & accessory industry average of 36.

LECO passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock lose -26.75% over the past year, underperforming other tool & accessory stocks by -20 percentage points.

Lincoln Electric Holdings has an average 1 year price target of $213.40, an upside of 23.88% from Lincoln Electric Holdings's current stock price of $172.26.

Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Lincoln Electric Holdings, 60% have issued a Strong Buy rating, 0% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Eastern Co (NASDAQ:EML)


Eastern Co (NASDAQ:EML) is the #2 top tool & accessory stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Eastern Co (NASDAQ:EML) is: Value: A, Growth: D, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.

Eastern Co (NASDAQ:EML) has a Due Diligence Score of 16, which is -20 points lower than the tool & accessory industry average of 36. Although this number is below the industry average, our proven quant model rates EML as a "B".

EML passed 6 out of 38 due diligence checks and has weak fundamentals. Eastern Co has seen its stock lose -36.85% over the past year, underperforming other tool & accessory stocks by -30 percentage points.

3. Stanley Black & Decker (NYSE:SWK)


Stanley Black & Decker (NYSE:SWK) is the #3 top tool & accessory stock out of 10 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Stanley Black & Decker (NYSE:SWK) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.

Stanley Black & Decker (NYSE:SWK) has a Due Diligence Score of 35, which is -1 points lower than the tool & accessory industry average of 36. Although this number is below the industry average, our proven quant model rates SWK as a "B".

SWK passed 12 out of 38 due diligence checks and has average fundamentals. Stanley Black & Decker has seen its stock lose -36.91% over the past year, underperforming other tool & accessory stocks by -30 percentage points.

Stanley Black & Decker has an average 1 year price target of $104.14, an upside of 84.75% from Stanley Black & Decker's current stock price of $56.37.

Stanley Black & Decker stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Stanley Black & Decker, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the tool & accessory stocks with highest dividends?

Out of 6 tool & accessory stocks that have issued dividends in the past year, the 3 tool & accessory stocks with the highest dividend yields are:

1. Stanley Black & Decker (NYSE:SWK)


Stanley Black & Decker (NYSE:SWK) has an annual dividend yield of 4.36%, which is 2 percentage points higher than the tool & accessory industry average of 2.66%. Stanley Black & Decker's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Stanley Black & Decker's dividend has shown consistent growth over the last 10 years.

Stanley Black & Decker's dividend payout ratio of 166.3% indicates that its dividend yield might not be sustainable for the long-term.

2. Kennametal (NYSE:KMT)


Kennametal (NYSE:KMT) has an annual dividend yield of 4.31%, which is 2 percentage points higher than the tool & accessory industry average of 2.66%. Kennametal's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kennametal's dividend has shown consistent growth over the last 10 years.

Kennametal's dividend payout ratio of 65.6% indicates that its dividend yield is sustainable for the long-term.

3. Chicago Rivet & Machine Co (NYSEMKT:CVR)


Chicago Rivet & Machine Co (NYSEMKT:CVR) has an annual dividend yield of 3.01%, which is the same as the tool & accessory industry average of 2.66%. Chicago Rivet & Machine Co's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Chicago Rivet & Machine Co's dividend has not shown consistent growth over the last 10 years.

Chicago Rivet & Machine Co's dividend payout ratio of -4.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are tool & accessory stocks down?

Tool & accessory stocks were down -2.93% in the last day, and down -7.76% over the last week.

We couldn't find a catalyst for why tool & accessory stocks are down.

What are the most undervalued tool & accessory stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued tool & accessory stocks right now are:

1. Eastern Co (NASDAQ:EML)


Eastern Co (NASDAQ:EML) is the most undervalued tool & accessory stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Eastern Co has a valuation score of 14, which is -13 points higher than the tool & accessory industry average of 27. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates EML a Valuation Rating of "A".

Eastern Co's stock has dropped -36.85% in the past year. It has underperformed other stocks in the tool & accessory industry by -30 percentage points.

2. Toro Co (NYSE:TTC)


Toro Co (NYSE:TTC) is the second most undervalued tool & accessory stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Toro Co has a valuation score of 29, which is 2 points higher than the tool & accessory industry average of 27. It passed 2 out of 7 valuation due diligence checks.

Toro Co's stock has dropped -23.69% in the past year. It has underperformed other stocks in the tool & accessory industry by -17 percentage points.

3. Kennametal (NYSE:KMT)


Kennametal (NYSE:KMT) is the third most undervalued tool & accessory stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Kennametal has a valuation score of 43, which is 16 points higher than the tool & accessory industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Kennametal's stock has dropped -23.13% in the past year. It has underperformed other stocks in the tool & accessory industry by -16 percentage points.

Are tool & accessory stocks a good buy now?

75% of tool & accessory stocks rated by analysts are a buy right now. On average, analysts expect tool & accessory stocks to rise by 28.37% over the next year.

0% of tool & accessory stocks have a Zen Rating of A (Strong Buy), 33.33% of tool & accessory stocks are rated B (Buy), 66.67% are rated C (Hold), 0% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the tools & accessories industry?

The average P/E ratio of the tools & accessories industry is 24.45x.
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