Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Swiss National Bank

Swiss National Bank decreased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 434,935 shares of the industrial products company's stock after selling 21,700 shares during the period. Swiss National Bank owned 0.28% of Stanley Black & Decker worth $34,921,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp increased its position in shares of Stanley Black & Decker by 6.5% in the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company's stock worth $998,107,000 after acquiring an additional 549,531 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Stanley Black & Decker by 1.0% in 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 acquiring 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% in 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 acquiring an additional 235,106 shares in the last quarter. Clean Energy Transition LLP grew 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 valued at $218,518,000 after purchasing an additional 652,780 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in Stanley Black & Decker by 7.3% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company's stock valued at $128,054,000 after purchasing an additional 109,100 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SWK shares. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. Mizuho raised 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 lowered their price target on shares of 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. Citigroup lowered their price target on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, UBS Group reduced their price objective on shares of 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 analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $103.00.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock traded down $1.62 during trading hours on Thursday, reaching $80.54. The company's stock had a trading volume of 1,963,131 shares, compared to its average volume of 1,529,458. The stock has a market cap of $12.45 billion, a P/E ratio of 41.51, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The company's 50 day simple moving average is $85.46 and its 200 day simple moving average is $91.10. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. 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 (NYSE:SWK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share 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%. As a group, analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were given a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 4.07%. Stanley Black & Decker's dividend payout ratio is presently 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.