Machina Capital S.A.S. Purchases New Shares in Stanley Black & Decker, Inc. (NYSE:SWK)

Machina Capital S.A.S. purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,096 shares of the industrial products company's stock, valued at approximately $650,000.

Other large investors have also recently made changes to their positions in the company. Americana Partners LLC boosted its holdings in shares of Stanley Black & Decker by 180.5% in the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company's stock worth $9,064,000 after acquiring an additional 72,637 shares during the period. Harbor Capital Advisors Inc. bought a new position in shares of Stanley Black & Decker in the fourth quarter worth $1,386,000. Avanza Fonder AB bought a new position in shares of Stanley Black & Decker in the fourth quarter worth $1,287,000. State Street Corp boosted its holdings in shares of Stanley Black & Decker by 6.5% in the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock worth $998,107,000 after acquiring an additional 549,531 shares during the period. Finally, FMR LLC boosted its holdings in shares of Stanley Black & Decker by 40.8% in the third quarter. FMR LLC now owns 923,118 shares of the industrial products company's stock worth $101,663,000 after acquiring an additional 267,723 shares during the period. 87.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SWK has been the subject of several research analyst reports. Citigroup dropped their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. UBS Group dropped their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Wells Fargo & Company dropped their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. Finally, Barclays dropped their price objective on Stanley Black & Decker from $100.00 to $94.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and an average target price of $103.00.

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Stanley Black & Decker Trading Up 4.6 %

Shares of SWK traded up $3.96 during trading hours on Friday, hitting $89.07. The company had a trading volume of 2,539,344 shares, compared to its average volume of 1,842,706. The firm has a market cap of $13.75 billion, a P/E ratio of 45.91, a P/E/G ratio of 1.33 and a beta of 1.25. The stock's 50 day moving average price is $85.27 and its 200 day moving average price is $92.12. 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, 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 released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping 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%. On average, research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th will be issued 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.