21,759 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,759 shares of the industrial products company's stock, valued at approximately $1,747,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker during the 4th quarter worth approximately $36,000. Cape Investment Advisory Inc. raised its position in shares of Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after buying an additional 237 shares during the period. SRS Capital Advisors Inc. raised its position in shares of Stanley Black & Decker by 61.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock valued at $42,000 after buying an additional 199 shares during the period. Montag A & Associates Inc. purchased a new stake in shares of Stanley Black & Decker during the 4th quarter valued at approximately $44,000. Finally, Crews Bank & Trust purchased a new stake in shares of Stanley Black & Decker during the 4th quarter valued at approximately $49,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Down 1.4 %

Shares of Stanley Black & Decker stock traded down $1.12 during trading hours on Friday, reaching $79.40. 2,491,040 shares of the company were exchanged, compared to its average volume of 1,534,540. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The stock's fifty day moving average is $85.43 and its 200 day moving average is $90.80. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The firm has a market cap of $12.27 billion, a PE ratio of 40.93, a PEG ratio of 1.33 and a beta of 1.25.

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Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data 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%. As a group, equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio is currently 169.07%.

Analyst Upgrades and Downgrades

SWK has been the topic of several analyst reports. Wells Fargo & Company reduced 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 report on Tuesday, January 7th. Barclays reduced their price target on shares of Stanley Black & Decker from $100.00 to $94.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 8th. Citigroup reduced 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 research report on Thursday, February 6th. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target on the stock. Finally, UBS Group cut their target price on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. One investment 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. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $103.00.

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.