Stanley Black & Decker, Inc. (NYSE:SWK) Stock Holdings Raised by Capital Research Global Investors

Capital Research Global Investors lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 126.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,485,421 shares of the industrial products company's stock after buying an additional 3,063,114 shares during the period. Capital Research Global Investors owned 3.56% of Stanley Black & Decker worth $440,424,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $36,000. Cape Investment Advisory Inc. boosted its stake in Stanley Black & Decker by 107.2% in the 4th 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 purchased a new stake in Stanley Black & Decker in the 4th quarter valued at about $40,000. SRS Capital Advisors Inc. lifted its holdings in shares of 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 worth $42,000 after acquiring an additional 199 shares during the period. Finally, Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth approximately $44,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Down 0.8 %

NYSE SWK traded down $0.49 on Friday, reaching $61.43. The company had a trading volume of 913,245 shares, compared to its average volume of 1,775,271. The firm has a market capitalization of $9.49 billion, a PE ratio of 31.75, a P/E/G ratio of 1.33 and a beta of 1.14. The firm has a 50-day moving average of $74.46 and a 200-day moving average of $84.01. Stanley Black & Decker, Inc. has a 1 year low of $53.91 and a 1 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 released its quarterly 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%. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

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 $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's payout ratio is 169.07%.

Wall Street Analyst Weigh In

SWK has been the subject of several research analyst reports. Wells Fargo & Company dropped their price target on shares of 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. Citigroup cut their target price on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group began coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. UBS Group reduced their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Finally, Barclays dropped their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 26th. One 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price 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.