Robeco Institutional Asset Management B.V. Increases Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Robeco Institutional Asset Management B.V. increased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 227.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,021 shares of the industrial products company's stock after acquiring an additional 46,544 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Stanley Black & Decker were worth $7,381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently modified their holdings of SWK. UMB Bank n.a. grew its stake in Stanley Black & Decker by 4.7% in 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 in the last quarter. Oregon Public Employees Retirement Fund increased its position in Stanley Black & Decker by 0.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 13,200 shares of the industrial products company's stock worth $1,055,000 after purchasing an additional 100 shares during the period. Castleview Partners LLC raised its holdings in Stanley Black & Decker by 3.9% in the third quarter. Castleview Partners LLC now owns 2,772 shares of the industrial products company's stock valued at $305,000 after buying an additional 103 shares during the period. Rise Advisors LLC boosted its stake in Stanley Black & Decker by 99.3% in the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 133 shares during the period. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of Stanley Black & Decker by 27.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 660 shares of the industrial products company's stock valued at $73,000 after buying an additional 141 shares in the last quarter. Institutional investors own 87.77% of the company's stock.

Analysts Set New Price Targets

SWK has been the subject of a number of research analyst reports. The Goldman Sachs Group upped their target price on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the stock a "neutral" rating in a research note on Thursday, October 10th. Wells Fargo & Company lowered their price target on shares of Stanley Black & Decker from $104.00 to $100.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 30th. Morgan Stanley lowered their price target on shares of Stanley Black & Decker from $107.00 to $98.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 30th. UBS Group increased their price objective on Stanley Black & Decker from $110.00 to $121.00 and gave the company a "buy" rating in a report on Wednesday, July 31st. Finally, StockNews.com lowered Stanley Black & Decker from a "buy" rating to a "hold" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $102.29.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock traded down $1.83 during midday trading on Friday, hitting $90.05. 1,335,622 shares of the company were exchanged, compared to its average volume of 1,435,903. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. The company has a quick ratio of 0.42, a current ratio of 1.29 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of $102.92 and a two-hundred day simple moving average of $93.90.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.05 by $0.17. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The firm had revenue of $3.75 billion for the quarter, compared to analysts' expectations of $3.80 billion. During the same quarter last year, the firm earned $1.05 earnings per share. The firm's revenue for the quarter was down 5.1% compared to the same quarter last year. Research analysts forecast that Stanley Black & Decker, Inc. will post 4.13 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Friday, November 29th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, November 29th. Stanley Black & Decker's dividend payout ratio (DPR) is -239.42%.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.