Bcwm LLC Invests $6.59 Million in Stanley Black & Decker, Inc. (NYSE:SWK)

Bcwm LLC bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 82,065 shares of the industrial products company's stock, valued at approximately $6,589,000. Stanley Black & Decker comprises 2.3% of Bcwm LLC's holdings, making the stock its 18th biggest position. Bcwm LLC owned about 0.05% of Stanley Black & Decker at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SWK. Ridgewood Investments LLC bought a new stake in Stanley Black & Decker during the 4th quarter valued at approximately $36,000. Cape Investment Advisory Inc. grew its position in 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 in the last quarter. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the 4th quarter valued at approximately $40,000. SRS Capital Advisors Inc. lifted its position in shares of Stanley Black & Decker by 61.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock worth $42,000 after acquiring an additional 199 shares during the period. Finally, Montag A & Associates Inc. bought a new stake in shares of Stanley Black & Decker during the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Wall Street Analysts Forecast Growth

SWK has been the subject of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. UBS Group lowered their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. Mizuho upgraded shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price on the stock in a research note on Thursday, December 19th. Barclays decreased their price objective on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 26th. Finally, Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $102.20.

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Stanley Black & Decker Trading Down 1.0 %

SWK traded down $0.78 during mid-day trading on Tuesday, hitting $76.10. The stock had a trading volume of 1,846,832 shares, compared to its average volume of 1,584,302. Stanley Black & Decker, Inc. has a 1-year low of $74.31 and a 1-year high of $110.88. The firm has a market capitalization of $11.76 billion, a price-to-earnings ratio of 39.23, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. 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 stock's fifty day simple moving average is $84.88 and its 200-day simple moving average is $89.95.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating 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%. As a group, research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 4.31%. Stanley Black & Decker's dividend payout ratio is presently 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.