Stanley Black & Decker, Inc. (NYSE:SWK) Position Trimmed by National Bank of Canada FI

National Bank of Canada FI reduced its position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 8.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,387 shares of the industrial products company's stock after selling 6,549 shares during the quarter. National Bank of Canada FI's holdings in Stanley Black & Decker were worth $5,892,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of 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 acquiring an additional 495,103 shares during the last quarter. State Street Corp increased its stake in Stanley Black & Decker by 6.5% during the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock valued at $998,107,000 after purchasing an additional 549,531 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Stanley Black & Decker by 1.0% during the third quarter. Geode Capital Management LLC now owns 3,579,852 shares of the industrial products company's stock worth $392,882,000 after purchasing an additional 35,100 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its position in shares of Stanley Black & Decker by 7.3% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company's stock worth $128,054,000 after buying an additional 109,100 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at about $117,231,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock traded up $0.33 during trading hours on Friday, hitting $59.01. 3,765,514 shares of the company traded hands, compared to its average volume of 1,732,338. The firm's 50-day simple moving average is $79.49 and its two-hundred day simple moving average is $86.97. The firm has a market cap of $9.12 billion, a P/E ratio of 30.42, a P/E/G ratio of 1.33 and a beta of 1.14. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88. 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 announced its earnings results 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%. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a dividend of $0.82 per share. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 5.56%. Stanley Black & Decker's dividend payout ratio is currently 169.07%.

Wall Street Analysts Forecast Growth

SWK has been the topic of a number of recent research reports. Mizuho raised 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. UBS Group cut their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Wells Fargo & Company lowered 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 started coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. Finally, Citigroup dropped their price objective 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 analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Stanley Black & Decker has a consensus rating of "Hold" and an average target price of $102.20.

Stanley Black & Decker 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.