Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 3,721 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group lessened its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 24.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,593 shares of the industrial products company’s stock after selling 3,721 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Stanley Black & Decker were worth $931,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker during the fourth quarter worth $36,000. Cape Investment Advisory Inc. lifted its holdings in shares of Stanley Black & Decker by 107.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 237 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of Stanley Black & Decker by 61.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 199 shares during the period. Montag A & Associates Inc. acquired a new position in shares of Stanley Black & Decker during the fourth quarter worth $44,000. Finally, Crews Bank & Trust acquired a new position in shares of Stanley Black & Decker during the fourth quarter worth $49,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 2.1 %

NYSE:SWK opened at $81.16 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The firm has a 50-day moving average of $85.48 and a 200-day moving average of $91.80. The company has a market cap of $12.53 billion, a PE ratio of 41.84, a PEG ratio of 1.33 and a beta of 1.25. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. As a group, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s payout ratio is 169.07%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SWK shares. Barclays dropped their target price 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. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 target price on the stock. Citigroup dropped their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Wells Fargo & Company dropped their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $103.00.

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.