Knights of Columbus Asset Advisors LLC Has $4.47 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Knights of Columbus Asset Advisors LLC lessened its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 49.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 55,638 shares of the industrial products company’s stock after selling 54,717 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Stanley Black & Decker were worth $4,467,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ridgewood Investments LLC acquired a new position in Stanley Black & Decker in the 4th quarter valued at $36,000. Cape Investment Advisory Inc. raised its holdings in Stanley Black & Decker by 107.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 237 shares in the last quarter. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the 4th quarter valued at $40,000. SRS Capital Advisors Inc. raised its holdings in Stanley Black & Decker by 61.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 199 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new position in Stanley Black & Decker in the 4th quarter valued at $44,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 1.4 %

Shares of SWK stock opened at $79.40 on Friday. 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 52-week low of $77.70 and a 52-week high of $110.88. The company has a market capitalization of $12.27 billion, a PE ratio of 40.93, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The business’s fifty day moving average is $85.43 and its 200 day moving average is $90.87.

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 return on equity of 7.50% and a net margin of 1.92%. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 4.13%. Stanley Black & Decker’s payout ratio is 169.07%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group lowered 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. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a report on Thursday, December 19th. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target for the company. Citigroup lowered their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Finally, Barclays reduced their price objective on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker 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.