Fox Run Management L.L.C. Purchases New Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Fox Run Management L.L.C. acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,708 shares of the industrial products company's stock, valued at approximately $1,101,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ridgewood Investments LLC purchased a new position in Stanley Black & Decker in the 4th quarter valued at about $36,000. Cape Investment Advisory Inc. increased its position 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 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. lifted 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 purchasing an additional 199 shares in the last quarter. Finally, Montag A & Associates Inc. purchased a new stake in shares of Stanley Black & Decker during the fourth quarter worth $44,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Down 0.9 %

Shares of SWK traded down $0.70 during mid-day trading on Thursday, reaching $77.74. The company's stock had a trading volume of 1,654,243 shares, compared to its average volume of 1,538,539. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. Stanley Black & Decker, Inc. has a 12-month low of $77.32 and a 12-month high of $110.88. The stock has a market cap of $12.01 billion, a PE ratio of 40.07, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The company's 50 day moving average is $85.31 and its 200 day moving average is $90.42.

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

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 4.22%. Stanley Black & Decker's dividend payout ratio is presently 169.07%.

Analyst Ratings Changes

SWK has been the topic of a number of recent research reports. Jefferies Financial Group started coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective on the stock. Mizuho raised Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target on the stock in a research note on Thursday, December 19th. Citigroup reduced their price objective 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. Barclays decreased their price objective on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a report on Wednesday. Finally, UBS Group cut their target price on 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and an average target price of $102.20.

Stanley Black & Decker Company 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.