Geode Capital Management LLC Has $300.76 Million Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Geode Capital Management LLC raised its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,755,653 shares of the industrial products company's stock after purchasing an additional 175,801 shares during the quarter. Geode Capital Management LLC owned 2.44% of Stanley Black & Decker worth $300,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Americana Partners LLC grew its stake in Stanley Black & Decker by 180.5% in the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company's stock valued at $9,064,000 after purchasing an additional 72,637 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Stanley Black & Decker in the fourth quarter worth approximately $1,386,000. Avanza Fonder AB bought a new position in Stanley Black & Decker during the fourth quarter valued at approximately $1,287,000. State Street Corp lifted its stake in Stanley Black & Decker by 6.5% in the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock valued at $998,107,000 after acquiring an additional 549,531 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Stanley Black & Decker by 12.6% in the third quarter. Franklin Resources Inc. now owns 168,099 shares of the industrial products company's stock worth $18,298,000 after acquiring an additional 18,776 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Stock Performance

Shares of NYSE:SWK traded down $6.51 on Thursday, hitting $57.71. 1,597,013 shares of the company were exchanged, compared to its average volume of 1,706,698. The company's 50 day moving average price is $80.58 and its two-hundred day moving average price is $87.63. The firm has a market capitalization of $8.92 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 1.33 and a beta of 1.14. 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 one year low of $53.91 and a one year high of $110.88.

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, beating the consensus estimate 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 expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is presently 169.07%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SWK. Jefferies Financial Group assumed 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. UBS Group lowered their price objective 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. Citigroup reduced their target price on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Barclays lowered their price target on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. Finally, Mizuho upgraded 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 research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of "Hold" and an average price target of $102.20.

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.