Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Kiltearn Partners LLP

Kiltearn Partners LLP reduced its position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 177,400 shares of the industrial products company's stock after selling 19,100 shares during the quarter. Stanley Black & Decker comprises approximately 2.3% of Kiltearn Partners LLP's portfolio, making the stock its 18th biggest position. Kiltearn Partners LLP owned approximately 0.12% of Stanley Black & Decker worth $14,243,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Norges Bank purchased a new position in Stanley Black & Decker during the 4th quarter worth $117,231,000. Blair William & Co. IL grew its holdings in shares of Stanley Black & Decker by 7.7% during the fourth quarter. Blair William & Co. IL now owns 10,020 shares of the industrial products company's stock worth $804,000 after buying an additional 716 shares during the last quarter. NEOS Investment Management LLC increased its position in Stanley Black & Decker by 25.6% in the 4th quarter. NEOS Investment Management LLC now owns 6,074 shares of the industrial products company's stock valued at $488,000 after acquiring an additional 1,238 shares during the period. UniSuper Management Pty Ltd raised its stake in Stanley Black & Decker by 37.0% during the 4th quarter. UniSuper Management Pty Ltd now owns 24,602 shares of the industrial products company's stock valued at $1,975,000 after acquiring an additional 6,641 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co lifted its position in Stanley Black & Decker by 8.2% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 14,789 shares of the industrial products company's stock worth $1,187,000 after acquiring an additional 1,120 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

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Stanley Black & Decker Price Performance

Shares of SWK traded up $0.65 on Monday, reaching $77.08. The stock had a trading volume of 836,955 shares, compared to its average volume of 1,777,572. Stanley Black & Decker, Inc. has a twelve month low of $74.31 and a twelve month high of $110.88. The firm has a market capitalization of $11.91 billion, a PE ratio of 39.73, a PEG ratio of 1.33 and a beta of 1.25. The firm has a 50-day moving average of $85.03 and a 200 day moving average of $90.10. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64.

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

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.26%. Stanley Black & Decker's dividend payout ratio (DPR) is 169.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on SWK shares. Jefferies Financial Group began coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. 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. UBS Group lowered their target price 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. Barclays cut 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 report on Wednesday, March 26th. Finally, Citigroup reduced their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Stanley Black & Decker has an average rating of "Hold" and a consensus target price 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.