Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by APG Asset Management N.V.

APG Asset Management N.V. increased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 433.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,700 shares of the industrial products company's stock after buying an additional 67,191 shares during the quarter. APG Asset Management N.V. owned about 0.05% of Stanley Black & Decker worth $6,412,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWK. MML Investors Services LLC raised its holdings in shares of Stanley Black & Decker by 0.8% during the third quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company's stock worth $1,740,000 after purchasing an additional 127 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Stanley Black & Decker by 0.7% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company's stock valued at $1,758,000 after acquiring an additional 149 shares during the period. Mather Group LLC. raised its stake in shares of Stanley Black & Decker by 11.1% during the 4th quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company's stock worth $121,000 after buying an additional 151 shares during the period. Global X Japan Co. Ltd. lifted its holdings in Stanley Black & Decker by 3.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company's stock valued at $406,000 after purchasing an additional 172 shares in the last quarter. Finally, Metis Global Partners LLC increased its stake in shares of Stanley Black & Decker by 3.7% during the fourth quarter. Metis Global Partners LLC now owns 5,108 shares of the industrial products company's stock worth $410,000 after purchasing an additional 180 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Stock Performance

NYSE:SWK traded up $1.06 during midday trading on Thursday, reaching $57.87. The stock had a trading volume of 843,891 shares, compared to its average volume of 1,743,791. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The stock has a market cap of $8.94 billion, a P/E ratio of 29.75, a P/E/G ratio of 1.33 and a beta of 1.14. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $110.88. The firm has a fifty day simple moving average of $77.85 and a two-hundred day simple moving average of $86.08.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its quarterly earnings data 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 net margin of 1.92% and a return on equity of 7.50%. On average, equities analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 5.67%. Stanley Black & Decker's dividend payout ratio is presently 169.07%.

Wall Street Analysts Forecast Growth

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

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 Outdoor and Industrial segments.