Stanley Black & Decker, Inc. (NYSE:SWK) Stock Holdings Lifted by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 52.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,139 shares of the industrial products company's stock after acquiring an additional 22,156 shares during the period. Jones Financial Companies Lllp's holdings in Stanley Black & Decker were worth $5,150,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SWK. State Street Corp raised its holdings in shares of Stanley Black & Decker by 6.5% during the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock worth $998,107,000 after purchasing an additional 549,531 shares during the period. Geode Capital Management LLC raised its holdings in shares of Stanley Black & Decker by 1.0% during the third quarter. Geode Capital Management LLC now owns 3,579,852 shares of the industrial products company's stock worth $392,882,000 after purchasing an additional 35,100 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Stanley Black & Decker by 8.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company's stock worth $326,960,000 after purchasing an additional 235,106 shares during the period. Clean Energy Transition LLP raised its holdings in shares of Stanley Black & Decker by 49.0% during the third quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company's stock worth $218,518,000 after purchasing an additional 652,780 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Stanley Black & Decker by 7.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company's stock worth $128,054,000 after purchasing an additional 109,100 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Wells Fargo & Company dropped their target price on shares of Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group began 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 on the stock. UBS Group dropped 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 report on Friday, February 7th. Citigroup dropped their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Finally, Mizuho raised shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price objective on the stock in a report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker currently has an average rating of "Hold" and a consensus target price of $103.00.

Stanley Black & Decker Price Performance

Shares of NYSE:SWK traded up $3.96 during trading hours on Friday, hitting $89.07. 2,539,344 shares of the company's stock traded hands, compared to its average volume of 1,842,706. The company's fifty day simple moving average is $85.27 and its two-hundred day simple moving average is $92.15. The company has a market cap of $13.75 billion, a price-to-earnings ratio of 45.91, 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 quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a 52 week low of $77.70 and a 52 week high of $110.88.

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

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 3.68%. Stanley Black & Decker's dividend payout ratio is currently 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 Storage segment, and Industrial segment.