Charles Schwab Investment Management Inc. Has $86 Million Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Charles Schwab Investment Management Inc. grew its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,071,098 shares of the industrial products company's stock after purchasing an additional 40,888 shares during the period. Charles Schwab Investment Management Inc. owned about 0.69% of Stanley Black & Decker worth $85,998,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at $36,000. Cape Investment Advisory Inc. raised its holdings in shares of 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 in the last quarter. SRS Capital Advisors Inc. lifted its position 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 buying an additional 199 shares during the period. Montag A & Associates Inc. acquired a new stake in Stanley Black & Decker in the 4th quarter valued at $44,000. Finally, Crews Bank & Trust bought a new stake in Stanley Black & Decker in the fourth quarter valued at $49,000. Institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Trading Up 2.1 %

Shares of NYSE:SWK traded up $1.67 during midday trading on Friday, hitting $81.07. The company had a trading volume of 1,146,937 shares, compared to its average volume of 1,537,343. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The stock has a market cap of $12.52 billion, a price-to-earnings ratio of 41.79, a PEG ratio of 1.33 and a beta of 1.25. The firm has a fifty day simple moving average of $85.47 and a 200 day simple moving average of $91.71.

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Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 4.05%. Stanley Black & Decker's payout ratio is 169.07%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Wells Fargo & Company cut their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a report on Tuesday, January 7th. Citigroup reduced 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 report 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 objective for the company in a report on Thursday, December 19th. UBS Group reduced their target price on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Finally, Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. 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's stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of "Hold" and an average target price of $103.00.

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.