Murphy & Mullick Capital Management Corp Invests $55,000 in Stanley Black & Decker, Inc. (NYSE:SWK)

Murphy & Mullick Capital Management Corp acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 684 shares of the industrial products company’s stock, valued at approximately $55,000.

A number of other hedge funds also recently bought and sold shares of SWK. Clean Energy Transition LLP grew its holdings in shares of Stanley Black & Decker by 49.0% during the 3rd quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company’s stock valued at $218,518,000 after purchasing an additional 652,780 shares during the last quarter. State Street Corp grew its stake in shares of Stanley Black & Decker by 6.5% during the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock valued at $998,107,000 after buying an additional 549,531 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Stanley Black & Decker by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company’s stock worth $1,540,445,000 after buying an additional 495,103 shares during the period. Amundi lifted its stake in shares of Stanley Black & Decker by 124.7% in the 4th quarter. Amundi now owns 807,859 shares of the industrial products company’s stock valued at $65,889,000 after acquiring an additional 448,411 shares during the last quarter. Finally, FMR LLC boosted its holdings in Stanley Black & Decker by 40.8% during the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock valued at $101,663,000 after acquiring an additional 267,723 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 0.9 %

Shares of NYSE:SWK opened at $77.74 on Friday. The firm has a market capitalization of $12.01 billion, a P/E ratio of 40.07, a P/E/G ratio of 1.33 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The stock has a 50 day moving average price of $85.19 and a 200-day moving average price of $90.34. Stanley Black & Decker, Inc. has a 52-week low of $77.29 and a 52-week high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 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%. As a group, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS 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. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio is 169.07%.

Analyst Upgrades and Downgrades

SWK has been the subject of several recent research reports. Citigroup lowered their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Wells Fargo & Company lowered their price target 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. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Thursday, December 19th. Jefferies Financial Group started coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They issued a “buy” rating and a $103.00 target price on the stock. Finally, UBS Group lowered their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $102.20.

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.