Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Vest Financial LLC

Vest Financial LLC reduced its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 551,658 shares of the industrial products company’s stock after selling 14,211 shares during the period. Vest Financial LLC’s holdings in Stanley Black & Decker were worth $44,293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at approximately $762,000. Park Avenue Securities LLC purchased a new stake in Stanley Black & Decker in the 3rd quarter valued at $343,000. Czech National Bank raised its holdings in shares of Stanley Black & Decker by 7.0% during the 3rd quarter. Czech National Bank now owns 31,363 shares of the industrial products company’s stock worth $3,454,000 after acquiring an additional 2,040 shares during the period. Atomi Financial Group Inc. boosted its position in shares of Stanley Black & Decker by 45.2% during the 3rd quarter. Atomi Financial Group Inc. now owns 3,792 shares of the industrial products company’s stock valued at $418,000 after acquiring an additional 1,180 shares during the last quarter. Finally, CWM LLC increased its position in Stanley Black & Decker by 124.5% during the third quarter. CWM LLC now owns 14,936 shares of the industrial products company’s stock worth $1,645,000 after purchasing an additional 8,283 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analysts Set New Price Targets

SWK has been the topic of several recent analyst reports. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. UBS Group lowered their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research report on Friday. Morgan Stanley decreased their price target on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 30th. Robert W. Baird cut their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Finally, Barclays lowered their target price on shares of 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. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $103.00.

Stanley Black & Decker Trading Up 0.8 %

NYSE SWK opened at $86.56 on Friday. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The firm has a 50 day simple moving average of $83.97 and a 200-day simple moving average of $93.47. The firm has a market cap of $13.34 billion, a price-to-earnings ratio of 44.62, a PEG ratio of 1.87 and a beta of 1.24. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30.

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 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%. Equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 EPS for the current fiscal year.

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.