NORTHSTAR ASSET MANAGEMENT Co LLC Decreases Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

NORTHSTAR ASSET MANAGEMENT Co LLC trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 5.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,740 shares of the industrial products company’s stock after selling 500 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Stanley Black & Decker were worth $702,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in shares of Stanley Black & Decker in the second quarter worth about $762,000. Park Avenue Securities LLC acquired a new stake in Stanley Black & Decker in the 3rd quarter valued at about $343,000. CWM LLC lifted its stake in Stanley Black & Decker by 124.5% in the 3rd quarter. CWM LLC now owns 14,936 shares of the industrial products company’s stock worth $1,645,000 after purchasing an additional 8,283 shares in the last quarter. UMB Bank n.a. grew its position in shares of Stanley Black & Decker by 4.7% in the third quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company’s stock valued at $233,000 after purchasing an additional 96 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of Stanley Black & Decker by 460.5% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 852 shares of the industrial products company’s stock valued at $94,000 after purchasing an additional 700 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 0.8 %

Shares of NYSE SWK opened at $86.56 on Monday. The stock has a fifty day simple moving average of $83.91 and a 200-day simple moving average of $93.50. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88. The stock has a market capitalization of $13.34 billion, a PE ratio of 44.62, a PEG ratio of 1.87 and a beta of 1.24. The company has a current ratio of 1.30, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. On average, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.09 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on SWK. UBS Group lowered their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday. Robert W. Baird dropped their price objective on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research note on Thursday, December 19th. Citigroup dropped their price target on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and an average price target of $103.00.

About Stanley Black & Decker

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Storage segment, and Industrial segment.