Aquatic Capital Management LLC Acquires 54,182 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Aquatic Capital Management LLC boosted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 774.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,182 shares of the industrial products company's stock after acquiring an additional 54,182 shares during the period. Aquatic Capital Management LLC's holdings in Stanley Black & Decker were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SWK. Vanguard Group Inc. raised its position in shares of Stanley Black & Decker by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company's stock valued at $1,540,445,000 after purchasing an additional 495,103 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Stanley Black & Decker by 1.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,413,913 shares of the industrial products company's stock valued at $1,478,454,000 after acquiring an additional 246,800 shares during the period. Capital Research Global Investors lifted its position in Stanley Black & Decker by 126.5% during the fourth quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company's stock worth $440,424,000 after acquiring an additional 3,063,114 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Stanley Black & Decker by 22.6% during the fourth quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock worth $332,336,000 after acquiring an additional 763,219 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of Stanley Black & Decker by 0.5% in the fourth quarter. Wells Fargo & Company MN now owns 3,895,026 shares of the industrial products company's stock valued at $312,732,000 after purchasing an additional 18,778 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on SWK. Barclays reduced their price target on 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. Citigroup decreased their price target on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company dropped their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 target price on the stock. Finally, UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and a consensus target price of $102.20.

Stanley Black & Decker Stock Down 0.4 %

Shares of SWK opened at $61.65 on Friday. The firm has a 50 day simple moving average of $73.95 and a two-hundred day simple moving average of $83.55. The company has a market cap of $9.53 billion, a P/E ratio of 31.78, a P/E/G ratio of 1.33 and a beta of 1.14. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $110.88. 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 (NYSE:SWK - Get Free Report) last posted its quarterly 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%. Research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 5.32%. Stanley Black & Decker's dividend payout ratio is 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.

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