Sei Investments Co. Has $13.87 Million Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Sei Investments Co. lowered its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 172,770 shares of the industrial products company’s stock after selling 1,087 shares during the period. Sei Investments Co. owned about 0.11% of Stanley Black & Decker worth $13,872,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SWK. Virtu Financial LLC acquired a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $231,000. Quantbot Technologies LP increased its position in Stanley Black & Decker by 673.7% in the 4th quarter. Quantbot Technologies LP now owns 80,881 shares of the industrial products company’s stock valued at $6,494,000 after acquiring an additional 70,427 shares during the period. Millstone Evans Group LLC bought a new position in shares of Stanley Black & Decker during the fourth quarter valued at $40,000. Loudon Investment Management LLC lifted its holdings in shares of Stanley Black & Decker by 1.0% during the fourth quarter. Loudon Investment Management LLC now owns 47,780 shares of the industrial products company’s stock worth $3,836,000 after purchasing an additional 455 shares during the period. Finally, Blueshift Asset Management LLC bought a new stake in shares of Stanley Black & Decker in the fourth quarter worth $535,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $76.46 on Friday. The business has a 50-day simple moving average of $85.03 and a 200 day simple moving average of $90.20. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 1.33 and a beta of 1.25. 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 one year low of $76.25 and a one year high of $110.88.

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

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were issued a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.29%. Stanley Black & Decker’s dividend payout ratio is presently 169.07%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Citigroup cut their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Thursday, December 19th. Wells Fargo & Company dropped their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Barclays decreased their price objective on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, UBS Group dropped their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Stanley Black & Decker has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Profile

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 Outdoor and Industrial segments.