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

Shares of Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) have received a consensus recommendation of "Hold" from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $103.00.

Several research analysts have commented on SWK shares. Mizuho upgraded shares of Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target for the company in a report on Thursday, December 19th. Wells Fargo & Company reduced their target price on shares of Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. UBS Group cut their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. Finally, Citigroup dropped their price target on 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.

Institutional Investors Weigh In On Stanley Black & Decker

Several hedge funds have recently bought and sold shares of SWK. Empirical Finance LLC increased its position in shares of Stanley Black & Decker by 2.1% during the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company's stock worth $581,000 after acquiring an additional 111 shares in the last quarter. Advisors Management Group Inc. ADV lifted its holdings in shares of Stanley Black & Decker by 3.2% in the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company's stock valued at $421,000 after purchasing an additional 117 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Stanley Black & Decker by 0.8% during the third quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company's stock worth $1,740,000 after buying an additional 127 shares in the last quarter. Assetmark Inc. lifted its position in Stanley Black & Decker by 1.4% during the 3rd quarter. Assetmark Inc. now owns 9,438 shares of the industrial products company's stock worth $1,039,000 after buying an additional 130 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Stanley Black & Decker by 0.7% in the fourth 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 buying an additional 149 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

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Stanley Black & Decker Trading Up 3.9 %

NYSE SWK traded up $3.32 during trading on Tuesday, hitting $88.43. The stock had a trading volume of 1,042,052 shares, compared to its average volume of 1,807,381. The stock has a 50 day simple moving average of $85.10 and a 200 day simple moving average of $92.21. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 45.68, a P/E/G ratio of 1.33 and a beta of 1.24. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker has a one year low of $77.70 and a one year high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Sell-side analysts predict that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be given a $0.82 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.71%. Stanley Black & Decker's dividend payout ratio 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.