Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Savant Capital LLC

Savant Capital LLC lessened its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 73.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,254 shares of the industrial products company's stock after selling 22,523 shares during the period. Savant Capital LLC's holdings in Stanley Black & Decker were worth $663,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SWK. Harbor Capital Advisors Inc. acquired a new position in shares of Stanley Black & Decker during the 4th quarter worth $1,386,000. Avanza Fonder AB purchased a new stake in Stanley Black & Decker during the fourth quarter worth about $1,287,000. State Street Corp increased its holdings in Stanley Black & Decker by 6.5% in the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock valued at $998,107,000 after buying an additional 549,531 shares in the last quarter. FMR LLC lifted its position in shares of Stanley Black & Decker by 40.8% during the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company's stock valued at $101,663,000 after acquiring an additional 267,723 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Stanley Black & Decker by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 3,579,852 shares of the industrial products company's stock worth $392,882,000 after acquiring an additional 35,100 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Robert W. Baird dropped their price objective 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. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a research report on Wednesday. They issued a "buy" rating and a $103.00 price target for the company. Wells Fargo & Company decreased their price objective 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. Mizuho upgraded shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price for the company in a report on Thursday, December 19th. Finally, Morgan Stanley reduced 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $103.00.

Stanley Black & Decker Trading Up 1.3 %

Shares of SWK traded up $1.17 on Wednesday, hitting $88.21. 833,606 shares of the stock traded hands, compared to its average volume of 1,827,400. The firm has a market capitalization of $13.60 billion, a P/E ratio of 45.47, a P/E/G ratio of 1.30 and a beta of 1.24. 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 1 year low of $77.70 and a 1 year high of $110.88. The stock's 50 day moving average is $84.00 and its two-hundred day moving average is $92.94.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its quarterly earnings results 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, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.12 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is 169.07%.

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.