Systematic Alpha Investments LLC Buys Shares of 5,283 Stanley Black & Decker, Inc. (NYSE:SWK)

Systematic Alpha Investments LLC acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,283 shares of the industrial products company's stock, valued at approximately $424,000.

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 during the 4th quarter worth $36,000. Cape Investment Advisory Inc. grew its holdings 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 buying an additional 237 shares during the last quarter. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the 4th quarter valued at about $40,000. SRS Capital Advisors Inc. raised its stake in 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 valued at $42,000 after acquiring an additional 199 shares during the last quarter. Finally, Montag A & Associates Inc. acquired a new stake in Stanley Black & Decker during the 4th quarter worth approximately $44,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on SWK. Citigroup cut their price target on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. 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. UBS Group lowered their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Barclays cut their price target on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. Finally, Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $102.20.

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Stanley Black & Decker Price Performance

Shares of SWK stock traded down $3.46 during midday trading on Tuesday, reaching $55.81. 6,375,761 shares of the company traded hands, compared to its average volume of 1,676,812. The firm has a market cap of $8.62 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The firm's 50 day simple moving average is $82.88 and its two-hundred day simple moving average is $88.68. Stanley Black & Decker, Inc. has a 1-year low of $54.93 and a 1-year high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS 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%. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's payout ratio is currently 169.07%.

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.