Regents Gate Capital LLP Makes New Investment in Stanley Black & Decker, Inc. (NYSE:SWK)

Regents Gate Capital LLP acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 55,057 shares of the industrial products company's stock, valued at approximately $4,421,000. Stanley Black & Decker accounts for 1.8% of Regents Gate Capital LLP's investment portfolio, making the stock its 21st largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of SWK. Sanctuary Advisors LLC acquired a new stake in Stanley Black & Decker in the second quarter valued at $762,000. Park Avenue Securities LLC acquired a new stake in Stanley Black & Decker during the 3rd quarter worth about $343,000. CWM LLC grew its holdings in Stanley Black & Decker by 124.5% during the 3rd quarter. CWM LLC now owns 14,936 shares of the industrial products company's stock worth $1,645,000 after acquiring an additional 8,283 shares during the period. UMB Bank n.a. grew its holdings in Stanley Black & Decker by 4.7% during the 3rd quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company's stock worth $233,000 after acquiring an additional 96 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Stanley Black & Decker by 460.5% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 852 shares of the industrial products company's stock worth $94,000 after acquiring an additional 700 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on SWK. StockNews.com downgraded Stanley Black & Decker from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th. Wells Fargo & Company decreased their price target on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a report on Tuesday, January 7th. UBS Group decreased their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a report on Friday, February 7th. Robert W. Baird reduced their target price on Stanley Black & Decker from $104.00 to $102.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. Finally, Morgan Stanley reduced their target price on Stanley Black & Decker from $107.00 to $98.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, Stanley Black & Decker currently has a consensus rating of "Hold" and a consensus price target of $103.00.

Stanley Black & Decker Stock Up 1.8 %

NYSE SWK traded up $1.54 during trading hours on Thursday, hitting $86.84. The company's stock had a trading volume of 867,379 shares, compared to its average volume of 1,924,765. Stanley Black & Decker, Inc. has a 52 week low of $77.70 and a 52 week high of $110.88. The company has a market capitalization of $13.39 billion, a PE ratio of 44.76, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24. The company has a current ratio of 1.30, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64. The company's 50-day simple moving average is $83.81 and its two-hundred day simple moving average is $93.41.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Research analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 EPS for the current fiscal year.

About Stanley Black & Decker

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.