19,700 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Purchased by Versor Investments LP

Versor Investments LP bought a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,700 shares of the industrial products company's stock, valued at approximately $2,170,000.

A number of other hedge funds have also recently modified their holdings of SWK. Empowered Funds LLC increased its stake in Stanley Black & Decker by 23.7% in the 1st quarter. Empowered Funds LLC now owns 3,229 shares of the industrial products company's stock worth $316,000 after buying an additional 618 shares during the period. SG Americas Securities LLC raised its stake in shares of Stanley Black & Decker by 99.6% during the first quarter. SG Americas Securities LLC now owns 16,295 shares of the industrial products company's stock valued at $1,596,000 after acquiring an additional 8,133 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Stanley Black & Decker by 3.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,178 shares of the industrial products company's stock worth $703,000 after purchasing an additional 267 shares in the last quarter. Forsta AP Fonden increased its holdings in Stanley Black & Decker by 22.6% during the 1st quarter. Forsta AP Fonden now owns 40,100 shares of the industrial products company's stock worth $3,927,000 after purchasing an additional 7,400 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Stanley Black & Decker by 11.0% in the 1st quarter. Sei Investments Co. now owns 137,385 shares of the industrial products company's stock worth $13,454,000 after buying an additional 13,659 shares during the period. Institutional investors own 87.77% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SWK shares. The Goldman Sachs Group raised their price target on Stanley Black & Decker from $94.00 to $107.00 and gave the company a "neutral" rating in a research note on Thursday, October 10th. Wells Fargo & Company reduced their price target on shares of Stanley Black & Decker from $104.00 to $100.00 and set an "equal weight" rating for the company in a report on Wednesday, October 30th. Robert W. Baird dropped their price objective on shares of Stanley Black & Decker from $104.00 to $102.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 30th. JPMorgan Chase & Co. upped their target price on Stanley Black & Decker from $80.00 to $88.00 and gave the stock an "underweight" rating in a report on Monday, August 5th. Finally, Barclays lifted their price target on Stanley Black & Decker from $96.00 to $100.00 and gave the company an "equal weight" rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $102.29.

Stanley Black & Decker Stock Up 0.0 %

NYSE SWK traded up $0.03 on Monday, hitting $90.20. The stock had a trading volume of 1,412,052 shares, compared to its average volume of 1,439,304. The business's fifty day moving average price is $102.48 and its 200 day moving average price is $93.94. The stock has a market cap of $13.91 billion, a price-to-earnings ratio of -65.82, a price-to-earnings-growth ratio of 2.42 and a beta of 1.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 0.42. Stanley Black & Decker, Inc. has a 52-week low of $77.70 and a 52-week high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.17. The firm had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.80 billion. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The firm's revenue for the quarter was down 5.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 EPS. Equities research analysts anticipate that Stanley Black & Decker, Inc. will post 4.13 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Friday, November 29th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Friday, November 29th. Stanley Black & Decker's dividend payout ratio (DPR) is presently -239.42%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.