Brown Lisle Cummings Inc. Purchases 1,818 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Brown Lisle Cummings Inc. increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 19.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,034 shares of the industrial products company’s stock after buying an additional 1,818 shares during the period. Brown Lisle Cummings Inc.’s holdings in Stanley Black & Decker were worth $886,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Equity Partners lifted its stake in shares of Stanley Black & Decker by 5,958.0% in the 4th quarter. Golden State Equity Partners now owns 4,180 shares of the industrial products company’s stock valued at $336,000 after purchasing an additional 4,111 shares during the period. DAVENPORT & Co LLC increased its holdings in Stanley Black & Decker by 12.4% in the fourth quarter. DAVENPORT & Co LLC now owns 6,640 shares of the industrial products company’s stock worth $533,000 after purchasing an additional 731 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Stanley Black & Decker by 9.1% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,395 shares of the industrial products company’s stock worth $433,000 after buying an additional 448 shares in the last quarter. SeaBridge Investment Advisors LLC grew its position in shares of Stanley Black & Decker by 13.2% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 2,915 shares of the industrial products company’s stock worth $234,000 after buying an additional 339 shares during the period. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of Stanley Black & Decker in the 4th quarter valued at $220,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $85.25 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.42 and a debt-to-equity ratio of 0.63. The stock has a fifty day simple moving average of $84.33 and a 200 day simple moving average of $93.60. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SWK. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Barclays reduced 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 note on Wednesday, January 8th. The Goldman Sachs Group increased their price target on Stanley Black & Decker from $94.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, October 10th. Robert W. Baird decreased their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Finally, Morgan Stanley cut their target price on 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 equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.25.

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 Storage segment, and Industrial segment.