Apollon Wealth Management LLC Purchases 5,371 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Apollon Wealth Management LLC raised its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 245.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,559 shares of the industrial products company's stock after acquiring an additional 5,371 shares during the period. Apollon Wealth Management LLC's holdings in Stanley Black & Decker were worth $607,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ridgewood Investments LLC bought a new position in shares of Stanley Black & Decker in the fourth quarter worth approximately $36,000. Waldron Private Wealth LLC bought a new position in shares of Stanley Black & Decker in the third quarter worth approximately $59,000. Crews Bank & Trust bought a new position in shares of Stanley Black & Decker in the fourth quarter worth approximately $49,000. Sunbelt Securities Inc. lifted its stake in Stanley Black & Decker by 363.8% in the third quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company's stock worth $72,000 after acquiring an additional 513 shares during the period. Finally, R Squared Ltd purchased a new stake in Stanley Black & Decker in the fourth quarter worth $54,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Up 0.4 %

Shares of SWK traded up $0.37 during trading hours on Friday, hitting $87.18. The company had a trading volume of 997,243 shares, compared to its average volume of 1,974,818. The firm has a fifty day moving average price of $83.90 and a 200-day moving average price of $93.21. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30. The stock has a market capitalization of $13.44 billion, a price-to-earnings ratio of 44.94, a P/E/G ratio of 1.87 and a beta of 1.24. 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 posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping 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%. On average, equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.09 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on SWK. Barclays dropped their price target 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. Morgan Stanley dropped their price target on Stanley Black & Decker from $107.00 to $98.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 30th. UBS Group dropped their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, February 7th. StockNews.com lowered Stanley Black & Decker from a "buy" rating to a "hold" rating in a research report on Tuesday, November 5th. Finally, Wells Fargo & Company lowered their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, Stanley Black & Decker has a consensus rating of "Hold" and a consensus price target of $103.00.

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 Storage segment, and Industrial segment.