Savant Capital LLC Sells 4,527 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Savant Capital LLC reduced its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 51.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,325 shares of the industrial products company’s stock after selling 4,527 shares during the quarter. Savant Capital LLC’s holdings in Stanley Black & Decker were worth $424,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SWK. Raymond James Financial Services Advisors Inc. increased its position in Stanley Black & Decker by 13.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 80,705 shares of the industrial products company’s stock worth $6,745,000 after buying an additional 9,715 shares during the period. Brown Advisory Inc. raised its stake in Stanley Black & Decker by 0.8% during the 3rd quarter. Brown Advisory Inc. now owns 30,320 shares of the industrial products company’s stock valued at $2,534,000 after purchasing an additional 233 shares during the last quarter. New York State Teachers Retirement System raised its stake in Stanley Black & Decker by 3.8% during the 3rd quarter. New York State Teachers Retirement System now owns 148,061 shares of the industrial products company’s stock valued at $12,375,000 after purchasing an additional 5,428 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Stanley Black & Decker by 1.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,020 shares of the industrial products company’s stock valued at $4,515,000 after purchasing an additional 949 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of Stanley Black & Decker by 5.8% during the 3rd quarter. Mackenzie Financial Corp now owns 12,933 shares of the industrial products company’s stock worth $1,014,000 after purchasing an additional 708 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $85.80 on Monday. The firm has a market capitalization of $13.20 billion, a P/E ratio of -124.35, a P/E/G ratio of 2.31 and a beta of 1.33. The stock has a fifty day moving average price of $91.58 and a two-hundred day moving average price of $91.39. Stanley Black & Decker, Inc. has a 52-week low of $73.87 and a 52-week high of $104.21. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.09 and a quick ratio of 0.40.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Thursday, May 2nd. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Stanley Black & Decker had a negative net margin of 0.66% and a positive return on equity of 3.95%. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the company posted ($0.41) EPS. As a group, analysts anticipate that Stanley Black & Decker, Inc. will post 4.12 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th will be given a dividend of $0.81 per share. The ex-dividend date is Friday, May 31st. This represents a $3.24 dividend on an annualized basis and a yield of 3.78%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -469.56%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Barclays reduced their target price on shares of Stanley Black & Decker from $107.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday. Robert W. Baird decreased their price objective on Stanley Black & Decker from $82.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, April 18th. Wells Fargo & Company cut their target price on Stanley Black & Decker from $98.00 to $92.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $97.00.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.