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Best Tool & Accessory Stocks to Buy Now (2025)

Top tool & accessory stocks in 2025 ranked by overall Due Diligence Score. See the best tool & accessory stocks to buy now, according to analyst forecasts for the tools & accessories industry.

According to Due Diligence Score, the 3 best tool & accessory stocks to buy right now are:

Toro Co (NYSE:TTC) is the top tool & accessory stock with a Due Diligence Score of 55, which is 18 points higher than the tool & accessory industry average of 37. It passed 20 out of 38 due diligence checks and has strong fundamentals. Toro Co has seen its stock lose -8.71% over the past year, underperforming other tool & accessory stocks by -14 percentage points.

Toro Co has an average 1 year price target of $93.75, an upside of 14.04% from Toro Co's current stock price of $82.21.

Toro Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Toro Co, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% 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 second best tool & accessory stock with a Due Diligence Score of 52, which is 15 points higher than the tool & accessory industry average of 37. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lincoln Electric Holdings has seen its stock lose -9.66% over the past year, underperforming other tool & accessory stocks by -15 percentage points.

Lincoln Electric Holdings has an average 1 year price target of $219.33, an upside of 14.18% from Lincoln Electric Holdings's current stock price of $192.10.

Lincoln Electric Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Lincoln Electric Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Snap On (NYSE:SNA) is the third best tool & accessory stock with a Due Diligence Score of 48, which is 11 points higher than the tool & accessory industry average of 37. It passed 17 out of 38 due diligence checks and has strong fundamentals. Snap On has seen its stock return 21.43% over the past year, overperforming other tool & accessory stocks by 16 percentage points.

Snap On has an average 1 year price target of $345.40, a downside of -0.21% from Snap On's current stock price of $346.12.

Snap On stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Snap On, 20% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 8 tool & accessory stocks that have issued dividends in the past year, the 3 tool & accessory stocks with the highest dividend yields are:

Kennametal (NYSE:KMT) has an annual dividend yield of 3.34%, which is 1 percentage points higher than the tool & accessory industry average of 2.1%. 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 46.9% indicates that its dividend yield is sustainable for the long-term.

Stanley Black & Decker (NYSE:SWK) has an annual dividend yield of 2.94%, which is 1 percentage points higher than the tool & accessory industry average of 2.1%. 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 -179.4% indicates that its dividend yield might not be sustainable for the long-term.

Snap On (NYSE:SNA) has an annual dividend yield of 2.23%, which is the same as the tool & accessory industry average of 2.1%. 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 37.7% indicates that its dividend yield is sustainable for the long-term.

Tool & accessory stocks were up 0.89% in the last day, and up 2.96% over the last week.

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

Based on WallStreetZen's Valuation Score, the 2 most undervalued tool & accessory stocks right now are:

Timken Co (NYSE:TKR) is the most undervalued tool & accessory stock based on WallStreetZen's Valuation Score. Timken Co has a valuation score of 43, which is 26 points higher than the tool & accessory industry average of 17. It passed 3 out of 7 valuation due diligence checks.

Timken Co's stock has dropped -2.38% in the past year. It has underperformed other stocks in the tool & accessory industry by -8 percentage points.

Kennametal (NYSE:KMT) is the second most undervalued tool & accessory stock based on WallStreetZen's Valuation Score. Kennametal has a valuation score of 29, which is 12 points higher than the tool & accessory industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Kennametal's stock has dropped -1.11% in the past year. It has underperformed other stocks in the tool & accessory industry by -6 percentage points.