Natixis Advisors LLC Lowers Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Natixis Advisors LLC decreased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 71.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,831 shares of the industrial products company's stock after selling 82,588 shares during the quarter. Natixis Advisors LLC's holdings in Stanley Black & Decker were worth $2,636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SWK. Clean Energy Transition LLP increased its holdings in Stanley Black & Decker by 49.0% during the 3rd quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company's stock worth $218,518,000 after acquiring an additional 652,780 shares during the period. State Street Corp grew its position in shares of Stanley Black & Decker by 6.5% during the 3rd quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock valued at $998,107,000 after purchasing an additional 549,531 shares in the last quarter. Amundi increased its holdings in shares of Stanley Black & Decker by 124.7% in the fourth quarter. Amundi now owns 807,859 shares of the industrial products company's stock worth $65,889,000 after purchasing an additional 448,411 shares during the period. FMR LLC raised its position in shares of Stanley Black & Decker by 40.8% in the third quarter. FMR LLC now owns 923,118 shares of the industrial products company's stock worth $101,663,000 after buying an additional 267,723 shares in the last quarter. Finally, National Pension Service boosted its stake in Stanley Black & Decker by 485.1% during the fourth quarter. National Pension Service now owns 290,385 shares of the industrial products company's stock valued at $23,315,000 after buying an additional 240,752 shares during the period. Hedge funds and other institutional investors own 87.77% of the company's stock.

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Stanley Black & Decker Trading Down 0.9 %

Shares of NYSE SWK traded down $0.70 during midday trading on Thursday, reaching $77.74. The company had a trading volume of 1,654,243 shares, compared to its average volume of 1,538,053. The firm's fifty day moving average price is $85.31 and its 200-day moving average price is $90.42. 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 one year low of $77.32 and a one year high of $110.88. The stock has a market cap of $12.01 billion, a PE ratio of 40.07, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

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 analysts' consensus estimates 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 research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio is 169.07%.

Analyst Ratings Changes

Several research firms have weighed in on SWK. Mizuho raised Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target on the stock in a report on Thursday, December 19th. Barclays lowered 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. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price target on the stock. Finally, UBS Group reduced their target price on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. One 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target 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.