Vest Financial LLC Sells 14,211 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Vest Financial LLC reduced its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 551,658 shares of the industrial products company's stock after selling 14,211 shares during the period. Vest Financial LLC owned 0.36% of Stanley Black & Decker worth $44,293,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at about $762,000. Park Avenue Securities LLC acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at about $343,000. Czech National Bank grew its stake in shares of Stanley Black & Decker by 7.0% in the 3rd quarter. Czech National Bank now owns 31,363 shares of the industrial products company's stock valued at $3,454,000 after buying an additional 2,040 shares during the period. Atomi Financial Group Inc. grew its stake in shares of Stanley Black & Decker by 45.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 3,792 shares of the industrial products company's stock valued at $418,000 after buying an additional 1,180 shares during the period. Finally, CWM LLC grew its stake in shares of Stanley Black & Decker by 124.5% in the 3rd quarter. CWM LLC now owns 14,936 shares of the industrial products company's stock valued at $1,645,000 after buying an additional 8,283 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock traded down $1.96 during mid-day trading on Wednesday, hitting $85.33. 1,682,183 shares of the stock were exchanged, compared to its average volume of 1,962,528. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The company has a 50-day simple moving average of $83.83 and a 200 day simple moving average of $93.47. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30. The company has a market capitalization of $13.15 billion, a P/E ratio of 43.98, a P/E/G ratio of 1.87 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 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%. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on SWK shares. Mizuho upgraded Stanley Black & Decker from a "neutral" rating to an "outperform" rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. Wells Fargo & Company cut their price target on 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. Citigroup cut their price target on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. UBS Group cut their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Finally, Robert W. Baird cut their price target on Stanley Black & Decker from $104.00 to $102.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $103.00.

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 Storage segment, and Industrial segment.