Stanley Black & Decker, Inc. (NYSE:SWK) Stock Position Increased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 229,199 shares of the industrial products company’s stock after purchasing an additional 13,093 shares during the period. Commonwealth Equity Services LLC owned approximately 0.15% of Stanley Black & Decker worth $18,402,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker during the fourth quarter valued at about $36,000. Cape Investment Advisory Inc. increased its stake in Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after buying an additional 237 shares during the period. SRS Capital Advisors Inc. raised its position in shares of Stanley Black & Decker by 61.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock worth $42,000 after buying an additional 199 shares in the last quarter. Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker in the 4th quarter worth approximately $44,000. Finally, Crews Bank & Trust bought a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $49,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SWK shares. Citigroup cut their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Barclays decreased 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. UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Thursday, December 19th. Finally, Wells Fargo & Company dropped their target price 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. One investment 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $103.00.

Stanley Black & Decker Trading Up 0.8 %

NYSE SWK opened at $81.61 on Tuesday. The firm’s 50 day moving average price is $85.45 and its two-hundred day moving average price is $91.31. 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 twelve month low of $77.70 and a twelve month high of $110.88. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 42.07, a PEG ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating 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%. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s payout ratio is presently 169.07%.

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 Outdoor and Industrial segments.