Aquatic Capital Management LLC Purchases 54,182 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Aquatic Capital Management LLC lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 774.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 61,182 shares of the industrial products company’s stock after buying an additional 54,182 shares during the quarter. Aquatic Capital Management LLC’s holdings in Stanley Black & Decker were worth $4,912,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Stanley Black & Decker by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company’s stock worth $1,540,445,000 after acquiring an additional 495,103 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Stanley Black & Decker by 1.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,413,913 shares of the industrial products company’s stock worth $1,478,454,000 after purchasing an additional 246,800 shares during the last quarter. Capital Research Global Investors increased its holdings in Stanley Black & Decker by 126.5% in the fourth quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company’s stock valued at $440,424,000 after purchasing an additional 3,063,114 shares during the period. Invesco Ltd. raised its position in Stanley Black & Decker by 22.6% during the 4th quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company’s stock worth $332,336,000 after purchasing an additional 763,219 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Stanley Black & Decker by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 3,895,026 shares of the industrial products company’s stock worth $312,732,000 after buying an additional 18,778 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SWK. Citigroup decreased their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company decreased their target price on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective for the company. Finally, Barclays cut their price target on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 26th. One investment 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, the stock presently has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $61.65 on Friday. The firm has a market capitalization of $9.53 billion, a P/E ratio of 31.78, a P/E/G ratio of 1.33 and a beta of 1.14. The firm’s 50-day moving average price is $73.95 and its 200-day moving average price is $83.55. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced 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 return on equity of 7.50% and a net margin of 1.92%. Equities 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 declared a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 5.32%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

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 Outdoor and Industrial segments.