Annis Gardner Whiting Capital Advisors LLC Raises Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 22.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,985 shares of the industrial products company’s stock after acquiring an additional 360 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in Stanley Black & Decker were worth $159,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new position in Stanley Black & Decker in the fourth quarter valued at $117,231,000. State Street Corp increased its position in 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 valued at $998,107,000 after acquiring an additional 549,531 shares during the period. Vanguard Group Inc. raised its stake 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 valued at $1,540,445,000 after acquiring an additional 495,103 shares during the last quarter. Amundi lifted its position in Stanley Black & Decker by 124.7% during the 4th quarter. Amundi now owns 807,859 shares of the industrial products company’s stock worth $65,889,000 after acquiring an additional 448,411 shares during the period. Finally, National Pension Service grew its stake in shares of Stanley Black & Decker by 485.1% in the 4th quarter. National Pension Service now owns 290,385 shares of the industrial products company’s stock valued at $23,315,000 after purchasing an additional 240,752 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SWK shares. UBS Group decreased their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a report on Friday, February 7th. Barclays lowered their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 26th. Wells Fargo & Company cut 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. Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price objective on the stock. Finally, Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Stock Down 2.9 %

Stanley Black & Decker stock opened at $62.78 on Friday. The firm has a market capitalization of $9.70 billion, a price-to-earnings ratio of 32.36, a price-to-earnings-growth 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. Stanley Black & Decker, Inc. has a fifty-two week low of $57.77 and a fifty-two week high of $110.88. The stock’s fifty day moving average is $83.50 and its two-hundred day moving average is $89.24.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share 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%. Analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker’s 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.