Kennedy Capital Management LLC Buys 11,473 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Kennedy Capital Management LLC boosted its position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 15.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 86,206 shares of the industrial products company's stock after purchasing an additional 11,473 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.06% of Stanley Black & Decker worth $6,921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ridgewood Investments LLC purchased a new position in shares of Stanley Black & Decker during the fourth quarter worth $36,000. Cape Investment Advisory Inc. raised its holdings in shares of Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after buying an additional 237 shares during the last quarter. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker during the 4th quarter worth approximately $40,000. SRS Capital Advisors Inc. lifted its stake in shares of Stanley Black & Decker by 61.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 199 shares during the period. Finally, Montag A & Associates Inc. acquired a new stake in Stanley Black & Decker in the fourth quarter valued at $44,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on SWK. 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 dropped their price target 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. UBS Group decreased their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a report on Friday, February 7th. Mizuho upgraded shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target for the company in a research report on Thursday, December 19th. Finally, Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $102.20.

Stanley Black & Decker Trading Up 2.1 %

NYSE SWK traded up $1.19 during trading hours on Thursday, reaching $58.00. The company's stock had a trading volume of 1,224,707 shares, compared to its average volume of 1,745,544. The stock has a market cap of $8.96 billion, a P/E ratio of 29.90, a P/E/G ratio of 1.33 and a beta of 1.14. 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, Inc. has a 52 week low of $53.91 and a 52 week high of $110.88. The firm has a fifty day simple moving average of $77.85 and a 200-day simple moving average of $86.08.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) 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%. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 5.66%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is presently 169.07%.

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.