Lecap Asset Management Ltd. Takes $1.07 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Lecap Asset Management Ltd. purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,307 shares of the industrial products company's stock, valued at approximately $1,068,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rise Advisors LLC grew its stake in Stanley Black & Decker by 99.3% during the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 133 shares in the last quarter. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $36,000. Crews Bank & Trust purchased a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $49,000. R Squared Ltd bought a new position in Stanley Black & Decker during the fourth quarter valued at approximately $54,000. Finally, Waldron Private Wealth LLC bought a new stake in Stanley Black & Decker in the 3rd quarter worth approximately $59,000. Institutional investors own 87.77% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. 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 research report on Wednesday, January 8th. Mizuho upgraded shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price on the stock in a report on Thursday, December 19th. StockNews.com downgraded shares of Stanley Black & Decker from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th. UBS Group reduced their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday. Finally, Citigroup cut their price target 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of "Hold" and a consensus target price of $103.00.

Stanley Black & Decker Stock Up 1.8 %

NYSE SWK traded up $1.58 during trading on Tuesday, reaching $87.34. 1,577,869 shares of the company's stock traded hands, compared to its average volume of 1,972,910. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.42. The firm has a market cap of $13.46 billion, a price-to-earnings ratio of 45.02, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24. The company's 50 day simple moving average is $83.85 and its two-hundred day simple moving average is $93.53.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its quarterly earnings data 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%. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.09 EPS for the current fiscal year.

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 Storage segment, and Industrial segment.