Marshall Wace LLP Raises Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Marshall Wace LLP increased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 7,765.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 582,535 shares of the industrial products company's stock after purchasing an additional 575,129 shares during the period. Marshall Wace LLP owned approximately 0.38% of Stanley Black & Decker worth $46,772,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SWK. Norges Bank bought a new position in shares of Stanley Black & Decker during the fourth quarter worth about $117,231,000. Invesco Ltd. boosted its holdings in Stanley Black & Decker by 22.6% during the fourth quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock worth $332,336,000 after purchasing an additional 763,219 shares during the last quarter. Vanguard Group Inc. increased its stake in Stanley Black & Decker by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company's stock valued at $1,540,445,000 after buying an additional 495,103 shares during the last quarter. Amundi lifted its position in Stanley Black & Decker by 124.7% during the 4th quarter. Amundi now owns 807,859 shares of the industrial products company's stock worth $65,889,000 after buying an additional 448,411 shares in the last quarter. Finally, Mariner LLC grew its holdings in shares of Stanley Black & Decker by 590.4% in the 4th quarter. Mariner LLC now owns 435,295 shares of the industrial products company's stock valued at $34,950,000 after acquiring an additional 372,247 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SWK. Barclays decreased their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. 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 note on Thursday, February 6th. Wells Fargo & Company decreased their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. Finally, UBS Group reduced their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $102.20.

Stanley Black & Decker Stock Up 3.8 %

Shares of SWK traded up $2.19 during trading hours on Wednesday, reaching $60.57. 1,111,690 shares of the stock traded hands, compared to its average volume of 1,764,412. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $110.88. The company has a market cap of $9.36 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 1.33 and a beta of 1.14. The stock has a fifty day simple moving average of $75.52 and a 200 day simple moving average of $84.50. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates 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, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current 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 5.42%. The ex-dividend date was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is presently 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 Outdoor and Industrial segments.