Quantbot Technologies LP Raises Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Quantbot Technologies LP boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 673.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,881 shares of the industrial products company's stock after buying an additional 70,427 shares during the period. Quantbot Technologies LP owned 0.05% of Stanley Black & Decker worth $6,494,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. State Street Corp lifted its holdings in Stanley Black & Decker by 6.5% during the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock worth $998,107,000 after buying an additional 549,531 shares during the period. Geode Capital Management LLC increased its position in shares of Stanley Black & Decker by 1.0% during the third quarter. Geode Capital Management LLC now owns 3,579,852 shares of the industrial products company's stock worth $392,882,000 after purchasing an additional 35,100 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Stanley Black & Decker by 8.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company's stock worth $326,960,000 after purchasing an additional 235,106 shares in the last quarter. Clean Energy Transition LLP increased its position in shares of Stanley Black & Decker by 49.0% during the third quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company's stock worth $218,518,000 after purchasing an additional 652,780 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its position in shares of Stanley Black & Decker by 7.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company's stock worth $128,054,000 after purchasing an additional 109,100 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

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Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SWK shares. UBS Group reduced their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company reduced their price target on 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. Barclays cut their target price on Stanley Black & Decker from $100.00 to $94.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 8th. Citigroup cut their target price on 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. Finally, Mizuho raised Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price on the stock in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $103.00.

Stanley Black & Decker Stock Performance

NYSE:SWK traded down $0.23 during mid-day trading on Tuesday, hitting $81.32. The company's stock had a trading volume of 1,137,346 shares, compared to its average volume of 1,529,017. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The stock has a market cap of $12.57 billion, a price-to-earnings ratio of 41.92, a PEG ratio of 1.33 and a beta of 1.25. The business's fifty day moving average is $85.45 and its two-hundred day moving average is $91.31.

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 (EPS) 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%. Analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker's payout ratio is currently 169.07%.

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.