Global X Japan Co. Ltd. Has $406,000 Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Global X Japan Co. Ltd. boosted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,056 shares of the industrial products company’s stock after buying an additional 172 shares during the period. Global X Japan Co. Ltd.’s holdings in Stanley Black & Decker were worth $406,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SWK. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Stanley Black & Decker by 0.7% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company’s stock valued at $1,758,000 after buying an additional 149 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Stanley Black & Decker by 0.4% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 387,488 shares of the industrial products company’s stock worth $31,111,000 after acquiring an additional 1,511 shares during the last quarter. Eagle Ridge Investment Management grew its stake in shares of Stanley Black & Decker by 6.9% in the 4th quarter. Eagle Ridge Investment Management now owns 4,604 shares of the industrial products company’s stock worth $370,000 after acquiring an additional 298 shares in the last quarter. Choreo LLC raised its holdings in shares of Stanley Black & Decker by 42.5% in the fourth quarter. Choreo LLC now owns 9,157 shares of the industrial products company’s stock valued at $731,000 after purchasing an additional 2,730 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Stanley Black & Decker by 30.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,072 shares of the industrial products company’s stock worth $1,859,000 after purchasing an additional 5,372 shares during the last quarter. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Trading Up 0.8 %

Shares of Stanley Black & Decker stock opened at $86.56 on Friday. The stock has a market capitalization of $13.34 billion, a P/E ratio of 44.62, a P/E/G ratio of 1.87 and a beta of 1.24. Stanley Black & Decker, Inc. has a 52-week low of $77.70 and a 52-week high of $110.88. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30. The stock’s 50-day simple moving average is $83.97 and its 200 day simple moving average is $93.47.

Stanley Black & Decker (NYSE:SWK) last posted 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 net margin of 1.92% and a return on equity of 7.50%. As a group, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on SWK. Citigroup decreased their price objective 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. Barclays decreased their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. Robert W. Baird reduced their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. UBS Group lowered their target price on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday. Finally, StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $103.00.

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 Storage segment, and Industrial segment.