Sciencast Management LP Sells 13,835 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Sciencast Management LP trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 75.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,541 shares of the industrial products company's stock after selling 13,835 shares during the quarter. Sciencast Management LP's holdings in Stanley Black & Decker were worth $365,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at $36,000. Cape Investment Advisory Inc. increased its stake in Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 237 shares during the period. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the fourth quarter worth about $40,000. SRS Capital Advisors Inc. lifted its stake in Stanley Black & Decker by 61.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock worth $42,000 after purchasing an additional 199 shares during the period. Finally, Montag A & Associates Inc. acquired a new stake in Stanley Black & Decker during the fourth quarter valued at approximately $44,000. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Trading Down 0.9 %

Shares of NYSE:SWK traded down $0.70 during trading on Thursday, hitting $77.74. 1,654,243 shares of the company's stock were exchanged, compared to its average volume of 1,538,053. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The firm has a market cap of $12.01 billion, a P/E ratio of 40.07, a PEG ratio of 1.33 and a beta of 1.25. The firm has a 50-day moving average price of $85.31 and a two-hundred day moving average price of $90.42. Stanley Black & Decker, Inc. has a 1-year low of $77.32 and a 1-year high of $110.88.

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Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS 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%. Equities analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is currently 169.07%.

Wall Street Analyst Weigh In

SWK has been the subject of several analyst reports. Wells Fargo & Company cut their target price on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Barclays reduced their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Citigroup dropped their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. Mizuho raised shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price objective for the company in a report on Thursday, December 19th. Finally, Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $102.20.

Stanley Black & Decker Company 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.