Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Clean Energy Transition LLP

Clean Energy Transition LLP reduced its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 62.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 741,404 shares of the industrial products company's stock after selling 1,242,780 shares during the period. Stanley Black & Decker accounts for about 2.2% of Clean Energy Transition LLP's investment portfolio, making the stock its 5th biggest holding. Clean Energy Transition LLP owned about 0.48% of Stanley Black & Decker worth $59,527,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kennedy Capital Management LLC lifted its stake in Stanley Black & Decker by 15.4% in the fourth quarter. Kennedy Capital Management LLC now owns 86,206 shares of the industrial products company's stock valued at $6,921,000 after buying an additional 11,473 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in Stanley Black & Decker by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 67,578 shares of the industrial products company's stock valued at $5,426,000 after purchasing an additional 420 shares during the period. Legacy Financial Advisors Inc. grew its position in Stanley Black & Decker by 41.3% in the 4th quarter. Legacy Financial Advisors Inc. now owns 5,287 shares of the industrial products company's stock worth $424,000 after purchasing an additional 1,544 shares during the last quarter. CenterBook Partners LP acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at approximately $896,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Stanley Black & Decker during the fourth quarter valued at approximately $15,607,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

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Stanley Black & Decker Stock Down 2.0 %

Shares of NYSE SWK traded down $1.18 during mid-day trading on Tuesday, reaching $58.92. The company had a trading volume of 2,268,636 shares, compared to its average volume of 1,742,281. The stock's 50 day moving average is $78.98 and its 200-day moving average is $86.47. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $110.88. The stock has a market capitalization of $9.11 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping 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, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 5.57%. Stanley Black & Decker's dividend payout ratio is presently 169.07%.

Analyst Ratings Changes

SWK has been the topic of several analyst reports. Citigroup lowered 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 initiated coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price objective for the company. Mizuho raised 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 reduced their price target on shares of 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. Finally, UBS Group lowered their price objective on shares of 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. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $102.20.

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 Outdoor and Industrial segments.