Kestra Private Wealth Services LLC Has $679,000 Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Kestra Private Wealth Services LLC boosted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 154.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,459 shares of the industrial products company's stock after buying an additional 5,133 shares during the quarter. Kestra Private Wealth Services LLC's holdings in Stanley Black & Decker were worth $679,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SWK. Clean Energy Transition LLP raised its position in shares of Stanley Black & Decker by 49.0% during the 3rd quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company's stock valued at $218,518,000 after acquiring an additional 652,780 shares during the last quarter. State Street Corp raised its position in shares of Stanley Black & Decker by 6.5% during the 3rd 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. International Assets Investment Management LLC raised its position in shares of Stanley Black & Decker by 14,394.0% during the 3rd quarter. International Assets Investment Management LLC now owns 393,657 shares of the industrial products company's stock valued at $43,353,000 after acquiring an additional 390,941 shares during the last quarter. FMR LLC increased its position in shares of Stanley Black & Decker by 40.8% in the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company's stock valued at $101,663,000 after buying an additional 267,723 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Stanley Black & Decker by 8.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company's stock valued at $326,960,000 after buying an additional 235,106 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SWK. 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 report on Thursday, December 19th. Robert W. Baird lowered their price objective on shares of Stanley Black & Decker from $104.00 to $102.00 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. StockNews.com cut Stanley Black & Decker from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th. Wells Fargo & Company lowered their target price 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. Finally, Barclays lowered their target price on Stanley Black & Decker from $100.00 to $94.00 and set an "equal weight" rating for the company in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Stanley Black & Decker presently has a consensus rating of "Hold" and an average price target of $103.00.

Stanley Black & Decker Stock Up 0.1 %

Shares of Stanley Black & Decker stock traded up $0.12 during trading hours on Tuesday, reaching $87.22. 173,376 shares of the company's stock were exchanged, compared to its average volume of 1,837,700. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. The company has a current ratio of 1.30, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64. The stock has a market cap of $13.45 billion, a P/E ratio of 44.96, a P/E/G ratio of 1.87 and a beta of 1.24. The company has a 50 day moving average of $83.93 and a two-hundred day moving average of $93.02.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 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%. On average, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.09 EPS for the current fiscal year.

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.