Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 3,721 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group lessened its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 24.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,593 shares of the industrial products company's stock after selling 3,721 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's holdings in Stanley Black & Decker were worth $931,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SWK. Ridgewood Investments LLC acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $36,000. Cape Investment Advisory Inc. grew 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 worth $37,000 after buying an additional 237 shares during the period. SRS Capital Advisors Inc. grew its position in shares of Stanley Black & Decker by 61.8% during 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. Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $44,000. Finally, Crews Bank & Trust acquired a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Analyst Ratings Changes

SWK has been the subject of several recent analyst reports. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. UBS Group reduced their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Citigroup reduced 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 research report on Thursday, February 6th. 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 research report on Thursday, December 19th. Finally, Barclays reduced their price target on shares of Stanley Black & Decker from $100.00 to $94.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $103.00.

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Stanley Black & Decker Stock Up 2.1 %

NYSE:SWK traded up $1.67 during trading hours on Friday, hitting $81.07. 1,146,937 shares of the company traded hands, compared to its average volume of 1,532,667. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The firm's 50-day simple moving average is $85.48 and its 200-day simple moving average is $91.52. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The company has a market cap of $12.52 billion, a PE ratio of 41.79, 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 for the quarter, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Equities analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker's payout ratio is 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.