Stanley Black & Decker, Inc. (NYSE:SWK) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 35.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,149 shares of the industrial products company's stock after purchasing an additional 3,671 shares during the quarter. Private Advisor Group LLC's holdings in Stanley Black & Decker were worth $1,136,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ridgewood Investments LLC purchased a new stake in Stanley Black & Decker during the 4th quarter worth about $36,000. Montag A & Associates Inc. acquired a new stake in Stanley Black & Decker in the fourth quarter valued at approximately $44,000. Crews Bank & Trust purchased a new position in Stanley Black & Decker in the fourth quarter worth approximately $49,000. Sunbelt Securities Inc. grew its holdings in Stanley Black & Decker by 363.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company's stock worth $72,000 after acquiring an additional 513 shares in the last quarter. Finally, R Squared Ltd purchased a new position in Stanley Black & Decker in the fourth quarter valued at $54,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Stock Performance

SWK stock traded down $2.51 during trading on Monday, hitting $84.02. The company had a trading volume of 2,061,874 shares, compared to its average volume of 1,763,139. Stanley Black & Decker, Inc. has a 1-year low of $77.70 and a 1-year high of $110.88. The firm has a 50-day moving average price of $84.90 and a 200-day moving average price of $92.52. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The firm has a market cap of $12.97 billion, a PE ratio of 43.31, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24.

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Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its quarterly 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%. On average, analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio is presently 169.07%.

Analyst Ratings Changes

A number of research firms have recently commented on SWK. Citigroup dropped their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Barclays reduced their price objective on shares of 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. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price on the stock. Finally, Mizuho raised shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target for the company in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $103.00.

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.