Bcwm LLC Buys New Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Bcwm LLC purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 82,065 shares of the industrial products company’s stock, valued at approximately $6,589,000. Stanley Black & Decker accounts for approximately 2.3% of Bcwm LLC’s portfolio, making the stock its 18th largest holding. Bcwm LLC owned approximately 0.05% of Stanley Black & Decker as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Americana Partners LLC boosted its position in shares of Stanley Black & Decker by 180.5% in the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company’s stock valued at $9,064,000 after acquiring an additional 72,637 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in Stanley Black & Decker during the fourth quarter worth about $1,386,000. Avanza Fonder AB bought a new position in Stanley Black & Decker during the fourth quarter valued at about $1,287,000. State Street Corp lifted its position in shares of Stanley Black & Decker by 6.5% in the 3rd quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock worth $998,107,000 after acquiring an additional 549,531 shares during the period. Finally, FMR LLC lifted its position in shares of Stanley Black & Decker by 40.8% in the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock worth $101,663,000 after acquiring an additional 267,723 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Barclays cut their target price on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a research note on Wednesday. UBS Group dropped their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Citigroup lowered their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price target on the stock. Finally, Wells Fargo & Company dropped their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $102.20.

Stanley Black & Decker Stock Performance

SWK stock opened at $76.46 on Friday. The company has a 50 day moving average price of $85.03 and a 200 day moving average price of $90.15. Stanley Black & Decker, Inc. has a fifty-two week low of $76.25 and a fifty-two week high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The stock has a market capitalization of $11.82 billion, a PE ratio of 39.41, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

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, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed 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 of this dividend was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 4.29%. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Stanley Black & Decker Company 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.