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Best Tool & Accessory Stocks to Buy Now (2026)

Top tool & accessory stocks in 2026 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.

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:

Kennametal (NYSE:KMT) is the #1 top tool & accessory stock out of 10 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Kennametal (NYSE:KMT) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: A, Financials: B, and AI: C.

Kennametal (NYSE:KMT) has a Due Diligence Score of 44, which is 5 points higher than the tool & accessory industry average of 39.

KMT passed 15 out of 38 due diligence checks and has strong fundamentals. Kennametal has seen its stock return 83.52% over the past year, overperforming other tool & accessory stocks by 53 percentage points.

Kennametal has an average 1 year price target of $34.60, a downside of -14.19% from Kennametal's current stock price of $40.32.

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

Hillman Solutions (NASDAQ:HLMN) is the #2 top tool & accessory stock out of 10 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Hillman Solutions (NASDAQ:HLMN) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.

Hillman Solutions (NASDAQ:HLMN) has a Due Diligence Score of 41, which is 2 points higher than the tool & accessory industry average of 39.

HLMN passed 14 out of 33 due diligence checks and has strong fundamentals. Hillman Solutions has seen its stock return 3.66% over the past year, underperforming other tool & accessory stocks by -27 percentage points.

Hillman Solutions has an average 1 year price target of $13.50, an upside of 28.82% from Hillman Solutions's current stock price of $10.48.

Hillman Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Hillman Solutions, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Lincoln Electric Holdings (NASDAQ:LECO) 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 Lincoln Electric Holdings (NASDAQ:LECO) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: A, and AI: C.

Lincoln Electric Holdings (NASDAQ:LECO) has a Due Diligence Score of 52, which is 13 points higher than the tool & accessory industry average of 39.

LECO passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock return 54.67% over the past year, overperforming other tool & accessory stocks by 24 percentage points.

Lincoln Electric Holdings has an average 1 year price target of $259.50, a downside of -13.18% from Lincoln Electric Holdings's current stock price of $298.88.

Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Lincoln Electric Holdings, 50% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

Out of 7 tool & accessory stocks that have issued dividends in the past year, the 3 tool & accessory stocks with the highest dividend yields are:

Stanley Black & Decker (NYSE:SWK) has an annual dividend yield of 2.77%, which is 1 percentage points higher than the tool & accessory industry average of 1.76%. 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 113.1% indicates that its dividend yield might not be sustainable for the long-term.

Snap On (NYSE:SNA) has an annual dividend yield of 2.4%, which is 1 percentage points higher than the tool & accessory industry average of 1.76%. Snap On's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Snap On's dividend has shown consistent growth over the last 10 years.

Snap On's dividend payout ratio of 44.1% indicates that its dividend yield is sustainable for the long-term.

Kennametal (NYSE:KMT) has an annual dividend yield of 1.98%, which is the same as the tool & accessory industry average of 1.76%. Kennametal's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Kennametal's dividend has not shown consistent growth over the last 10 years.

Kennametal's dividend payout ratio of 55.2% indicates that its dividend yield is sustainable for the long-term.

Tool & accessory stocks were up 3.16% in the last day, and up 8.14% over the last week.

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

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:

Kennametal (NYSE:KMT) is the 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 7 points higher than the tool & accessory industry average of 36. It passed 3 out of 7 valuation due diligence checks.

Kennametal's stock has gained 83.52% in the past year. It has overperformed other stocks in the tool & accessory industry by 53 percentage points.

Snap On (NYSE:SNA) 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.

Snap On has a valuation score of 43, which is 7 points higher than the tool & accessory industry average of 36. It passed 3 out of 7 valuation due diligence checks.

Snap On's stock has gained 8.68% in the past year. It has underperformed other stocks in the tool & accessory industry by -22 percentage points.

Stanley Black & Decker (NYSE:SWK) 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.

Stanley Black & Decker has a valuation score of 57, which is 21 points higher than the tool & accessory industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Stanley Black & Decker's stock has gained 4.05% in the past year. It has underperformed other stocks in the tool & accessory industry by -26 percentage points.

62.5% of tool & accessory stocks rated by analysts are a buy right now. On average, analysts expect tool & accessory stocks to fall by -1.96% over the next year.

22.22% of tool & accessory stocks have a Zen Rating of A (Strong Buy), 22.22% of tool & accessory stocks are rated B (Buy), 55.56% are rated C (Hold), 0% are rated D (Sell), and 0% are rated F (Strong Sell).