BDF Gestion Sells 3,119 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

BDF Gestion lessened its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,005 shares of the industrial products company’s stock after selling 3,119 shares during the period. BDF Gestion’s holdings in Stanley Black & Decker were worth $1,927,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. UMB Bank n.a. lifted its holdings in shares of Stanley Black & Decker by 4.7% during the third quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company’s stock valued at $233,000 after acquiring an additional 96 shares during the period. Castleview Partners LLC grew its stake in Stanley Black & Decker by 3.9% during the third quarter. Castleview Partners LLC now owns 2,772 shares of the industrial products company’s stock worth $305,000 after buying an additional 103 shares during the last quarter. Empirical Finance LLC increased its holdings in shares of Stanley Black & Decker by 2.1% during the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after buying an additional 111 shares in the last quarter. Advisors Management Group Inc. ADV raised its stake in shares of Stanley Black & Decker by 3.2% in the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock valued at $421,000 after acquiring an additional 117 shares during the last quarter. Finally, MML Investors Services LLC grew its position in Stanley Black & Decker by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock worth $1,740,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK opened at $88.53 on Thursday. The firm’s fifty day moving average is $84.25 and its two-hundred day moving average is $93.60. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88. The company has a current ratio of 1.29, a quick ratio of 0.42 and a debt-to-equity ratio of 0.63.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.05 by $0.17. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The business had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.80 billion. During the same quarter last year, the business posted $1.05 EPS. The firm’s revenue was down 5.1% compared to the same quarter last year. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 4.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SWK. Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Barclays decreased their price objective on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. The Goldman Sachs Group upped their target price on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Mizuho upgraded 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 report on Thursday, December 19th. Finally, Morgan Stanley dropped their price objective on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and a consensus target price of $101.25.

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 Storage segment, and Industrial segment.