Polianta Ltd Acquires Shares of 14,900 Stanley Black & Decker, Inc. (NYSE:SWK)

Polianta Ltd bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 14,900 shares of the industrial products company’s stock, valued at approximately $1,196,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. American Century Companies Inc. lifted its stake in Stanley Black & Decker by 12.2% in the second quarter. American Century Companies Inc. now owns 13,062 shares of the industrial products company’s stock valued at $1,044,000 after purchasing an additional 1,416 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Stanley Black & Decker by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 82,613 shares of the industrial products company’s stock worth $6,600,000 after acquiring an additional 8,298 shares during the period. Dimensional Fund Advisors LP increased its holdings in Stanley Black & Decker by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,682,585 shares of the industrial products company’s stock worth $134,444,000 after acquiring an additional 267,013 shares during the last quarter. Amalgamated Bank lifted its holdings in Stanley Black & Decker by 24.6% during the second quarter. Amalgamated Bank now owns 39,942 shares of the industrial products company’s stock valued at $3,191,000 after purchasing an additional 7,883 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in Stanley Black & Decker during the second quarter worth about $382,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $84.34 on Friday. Stanley Black & Decker, Inc. has a 52-week low of $77.70 and a 52-week high of $110.88. The company has a fifty day moving average of $84.14 and a 200-day moving average of $93.17. The company has a market capitalization of $13.00 billion, a P/E ratio of -61.56, a P/E/G ratio of 1.69 and a beta of 1.24. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.42 and a current ratio of 1.29.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.17. The firm had revenue of $3.75 billion during the quarter, compared to analyst estimates of $3.80 billion. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The company’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 earnings per share. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 4.13 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, November 29th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend was Friday, November 29th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -239.42%.

Analyst Upgrades and Downgrades

SWK has been the topic of a number of recent research reports. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Thursday, December 19th. Robert W. Baird reduced their price target on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company reduced their target price on 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. The Goldman Sachs Group raised their price target on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Finally, Morgan Stanley decreased their price target on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $101.25.

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.