Vanguard Group Inc. Increases Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Vanguard Group Inc. grew its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,186,011 shares of the industrial products company's stock after buying an additional 495,103 shares during the quarter. Vanguard Group Inc. owned approximately 12.45% of Stanley Black & Decker worth $1,540,445,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Ridgewood Investments LLC purchased a new stake in Stanley Black & Decker in the 4th quarter worth approximately $36,000. Cape Investment Advisory Inc. raised its position in shares of Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 237 shares during the period. Millstone Evans Group LLC purchased a new position in shares of Stanley Black & Decker during the 4th quarter valued at $40,000. SRS Capital Advisors Inc. boosted its holdings in Stanley Black & Decker by 61.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock worth $42,000 after buying an additional 199 shares during the period. Finally, Montag A & Associates Inc. purchased a new stake in Stanley Black & Decker in the 4th quarter worth $44,000. Institutional investors own 87.77% of the company's stock.

Analysts Set New Price Targets

SWK has been the topic of several research analyst reports. Barclays lowered their price objective 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. Mizuho upgraded Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 price target for the company in a research note on Thursday, December 19th. Wells Fargo & Company reduced their price objective on shares of 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. 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. Finally, Jefferies Financial Group assumed 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. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of "Hold" and an average price target of $102.20.

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Stanley Black & Decker Price Performance

Shares of NYSE SWK traded down $0.83 during mid-day trading on Monday, hitting $75.60. 501,171 shares of the company's stock traded hands, compared to its average volume of 1,576,823. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. Stanley Black & Decker, Inc. has a 1 year low of $74.38 and a 1 year high of $110.88. The company's 50-day moving average is $85.03 and its two-hundred day moving average is $90.10. The company has a market capitalization of $11.68 billion, a P/E ratio of 38.89, a PEG ratio of 1.33 and a beta of 1.25.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. On average, equities 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 disclosed 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 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Tuesday, March 4th. Stanley Black & Decker's dividend payout ratio (DPR) is 169.07%.

Stanley Black & Decker 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.