Stanley Black & Decker, Inc. (NYSE:SWK) Position Boosted by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 40.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 287,649 shares of the industrial products company's stock after purchasing an additional 82,389 shares during the quarter. Russell Investments Group Ltd. owned 0.19% of Stanley Black & Decker worth $23,095,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SWK. MML Investors Services LLC lifted its holdings in shares of Stanley Black & Decker by 0.8% in the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company's stock valued at $1,740,000 after buying an additional 127 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Stanley Black & Decker by 0.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company's stock valued at $1,758,000 after purchasing an additional 149 shares in the last quarter. Mather Group LLC. lifted its stake in shares of Stanley Black & Decker by 11.1% in the fourth quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company's stock valued at $121,000 after purchasing an additional 151 shares during the period. RB Capital Management LLC boosted its holdings in Stanley Black & Decker by 1.8% during the third quarter. RB Capital Management LLC now owns 9,731 shares of the industrial products company's stock worth $1,072,000 after buying an additional 170 shares in the last quarter. Finally, Global X Japan Co. Ltd. grew its position in Stanley Black & Decker by 3.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company's stock worth $406,000 after buying an additional 172 shares during the period. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

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Stanley Black & Decker Stock Up 2.3 %

Shares of NYSE SWK traded up $1.33 during trading on Monday, reaching $60.34. 410,973 shares of the stock were exchanged, compared to its average volume of 2,225,605. The company has a market capitalization of $9.32 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. The business's 50-day moving average price is $79.49 and its 200 day moving average price is $86.82. 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, Inc. has a twelve month low of $53.91 and a twelve month high of $110.88.

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, beating analysts' consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. As a group, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's payout ratio is 169.07%.

Wall Street Analyst Weigh In

SWK has been the topic of several analyst reports. Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective on the stock. Wells Fargo & Company dropped their price objective 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. Mizuho upgraded 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 objective 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. Finally, Citigroup decreased their target price on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Stanley Black & Decker has a consensus rating of "Hold" and an average price target of $102.20.

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 Outdoor and Industrial segments.