Ieq Capital LLC Has $4.51 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Ieq Capital LLC raised its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 638.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,210 shares of the industrial products company’s stock after purchasing an additional 48,601 shares during the quarter. Ieq Capital LLC’s holdings in Stanley Black & Decker were worth $4,513,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SWK. Creative Planning boosted its holdings in shares of Stanley Black & Decker by 43.9% in the 3rd quarter. Creative Planning now owns 36,343 shares of the industrial products company’s stock valued at $4,002,000 after purchasing an additional 11,085 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Stanley Black & Decker by 37.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,592 shares of the industrial products company’s stock valued at $396,000 after acquiring an additional 986 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Stanley Black & Decker by 14,394.0% in the 3rd quarter. International Assets Investment Management LLC now owns 393,657 shares of the industrial products company’s stock valued at $43,353,000 after acquiring an additional 390,941 shares during the last quarter. IFM Investors Pty Ltd lifted its stake in shares of Stanley Black & Decker by 1.4% in the 3rd quarter. IFM Investors Pty Ltd now owns 31,613 shares of the industrial products company’s stock valued at $3,482,000 after acquiring an additional 430 shares during the last quarter. Finally, Dakota Wealth Management lifted its stake in shares of Stanley Black & Decker by 394.2% in the 3rd quarter. Dakota Wealth Management now owns 33,427 shares of the industrial products company’s stock valued at $3,681,000 after acquiring an additional 26,663 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

SWK stock opened at $87.95 on Friday. The stock has a 50-day moving average price of $84.23 and a 200-day moving average price of $92.89. Stanley Black & Decker, Inc. has a 1-year low of $77.70 and a 1-year high of $110.88. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The firm has a market cap of $13.58 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 1.32 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping 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 expect that Stanley Black & Decker, Inc. will post 5.12 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SWK. UBS Group dropped their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Jefferies Financial Group began coverage on Stanley Black & Decker in a research note on Wednesday. They issued a “buy” rating and a $103.00 price target for the company. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Thursday, December 19th. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, Barclays lowered their target price 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. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Stanley Black & Decker presently has a consensus rating of “Hold” and an average price target 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.