Stanley Black & Decker, Inc. (NYSE:SWK) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have been given an average rating of "Hold" by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $102.20.

A number of equities research analysts have recently commented on SWK shares. Barclays dropped their price target on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 26th. UBS Group reduced their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a report on Friday, February 7th. Citigroup cut their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Wells Fargo & Company lowered their target price 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. 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 price target on the stock.

Stanley Black & Decker Trading Down 0.1 %

Shares of SWK stock traded down $0.09 on Friday, reaching $76.05. The company had a trading volume of 171,155 shares, compared to its average volume of 1,578,926. The company has a 50-day moving average of $84.67 and a 200-day moving average of $89.78. Stanley Black & Decker has a 12 month low of $74.31 and a 12 month high of $110.88. The stock has a market cap of $11.75 billion, a PE ratio of 39.23, a PEG ratio of 1.33 and a beta of 1.25. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64.

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Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping 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%. On average, equities analysts forecast that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.31%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is 169.07%.

Institutional Investors Weigh In On Stanley Black & Decker

Large investors have recently made changes to their positions in the stock. Rempart Asset Management Inc. increased its stake in shares of Stanley Black & Decker by 19.2% during the 1st quarter. Rempart Asset Management Inc. now owns 127,878 shares of the industrial products company's stock worth $9,831,000 after purchasing an additional 20,635 shares during the last quarter. Wellington Management Group LLP raised its stake in Stanley Black & Decker by 14.0% in the fourth quarter. Wellington Management Group LLP now owns 9,673 shares of the industrial products company's stock valued at $777,000 after buying an additional 1,188 shares during the period. 111 Capital bought a new position in shares of Stanley Black & Decker during the 4th quarter worth approximately $313,000. Siemens Fonds Invest GmbH boosted its position in Stanley Black & Decker by 21.9% during the fourth quarter. Siemens Fonds Invest GmbH now owns 3,819 shares of the industrial products company's stock worth $307,000 after purchasing an additional 687 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $10,551,000. Institutional investors and hedge funds own 87.77% of the company's stock.

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.