Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,538 shares of the industrial products company’s stock after selling 975 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Stanley Black & Decker were worth $686,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of SWK. Ridgewood Investments LLC purchased a new position in shares of Stanley Black & Decker in the 4th quarter valued at about $36,000. Montag A & Associates Inc. purchased a new position in Stanley Black & Decker in the fourth quarter worth approximately $44,000. Crews Bank & Trust purchased a new stake in shares of Stanley Black & Decker in the 4th quarter valued at approximately $49,000. Sunbelt Securities Inc. raised its holdings in shares of Stanley Black & Decker by 363.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 513 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Stanley Black & Decker during the 4th quarter worth $54,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $87.95 on Friday. The stock has a market capitalization of $13.58 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 1.33 and a beta of 1.24. The firm’s fifty day simple moving average is $84.33 and its 200-day simple moving average is $92.83. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. As a group, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be paid a $0.82 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 3.73%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 169.07%.

Wall Street Analysts Forecast Growth

SWK has been the topic of several recent analyst reports. UBS Group dropped their target price on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a report on Wednesday. They issued a “buy” rating and a $103.00 price objective on the stock. Barclays lowered their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Robert W. Baird dropped their price target on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Finally, Morgan Stanley reduced their price objective on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price 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.