Yousif Capital Management LLC Sells 13,094 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Yousif Capital Management LLC lessened its holdings in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 13.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 82,329 shares of the industrial products company's stock after selling 13,094 shares during the quarter. Yousif Capital Management LLC owned 0.05% of Stanley Black & Decker worth $6,610,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SWK. Harbor Capital Advisors Inc. bought a new stake in Stanley Black & Decker during the 4th quarter worth $1,386,000. Avanza Fonder AB bought a new stake in Stanley Black & Decker during the 4th quarter worth $1,287,000. State Street Corp grew its position in 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 worth $998,107,000 after acquiring an additional 549,531 shares during the last quarter. FMR LLC grew its position in Stanley Black & Decker by 40.8% during the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company's stock worth $101,663,000 after acquiring an additional 267,723 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Stanley Black & Decker by 1.0% during the 3rd 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 during the last quarter. Institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Stock Down 0.8 %

SWK stock traded down $0.69 during trading on Monday, reaching $85.77. 958,049 shares of the stock were exchanged, compared to its average volume of 1,942,177. The firm's 50 day moving average is $83.91 and its 200 day moving average is $93.55. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88. The company has a current ratio of 1.30, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64. The firm has a market cap of $13.22 billion, a P/E ratio of 44.22, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly 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 return on equity of 7.50% and a net margin of 1.92%. As a group, research analysts forecast that Stanley Black & Decker, Inc. will post 5.09 EPS for the current year.

Analysts Set New Price Targets

SWK has been the topic of a number of analyst reports. Robert W. Baird reduced their price target on Stanley Black & Decker from $104.00 to $102.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company reduced their price target on 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. UBS Group reduced their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday. Citigroup reduced their price target on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, StockNews.com lowered Stanley Black & Decker from a "buy" rating to a "hold" rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, 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.