Rowlandmiller & PARTNERS.ADV Purchases Shares of 1,035 Stanley Black & Decker, Inc. (NYSE:SWK)

Rowlandmiller & PARTNERS.ADV purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the 3rd quarter, HoldingsChannel reports. The fund purchased 1,035 shares of the industrial products company’s stock, valued at approximately $114,000.

Several other hedge funds have also modified their holdings of SWK. Citizens Business Bank lifted its position in shares of Stanley Black & Decker by 0.9% during the first quarter. Citizens Business Bank now owns 38,912 shares of the industrial products company’s stock valued at $3,811,000 after buying an additional 361 shares during the last quarter. Chapin Davis Inc. raised its position in shares of Stanley Black & Decker by 28.3% in the 1st quarter. Chapin Davis Inc. now owns 3,714 shares of the industrial products company’s stock valued at $364,000 after purchasing an additional 819 shares during the last quarter. Applied Capital LLC FL raised its position in shares of Stanley Black & Decker by 4.3% in the 1st quarter. Applied Capital LLC FL now owns 9,585 shares of the industrial products company’s stock valued at $939,000 after purchasing an additional 394 shares during the last quarter. Eagle Ridge Investment Management raised its position in Stanley Black & Decker by 41.8% during the 1st quarter. Eagle Ridge Investment Management now owns 4,298 shares of the industrial products company’s stock worth $421,000 after buying an additional 1,268 shares during the last quarter. Finally, Olstein Capital Management L.P. raised its position in Stanley Black & Decker by 5.9% during the 1st quarter. Olstein Capital Management L.P. now owns 72,000 shares of the industrial products company’s stock worth $7,051,000 after buying an additional 4,000 shares during the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Stanley Black & Decker

In other Stanley Black & Decker news, SVP Janet Link sold 13,520 shares of Stanley Black & Decker stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $103.91, for a total value of $1,404,863.20. Following the completion of the transaction, the senior vice president now directly owns 31,960 shares of the company’s stock, valued at $3,320,963.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is owned by insiders.

Analyst Ratings Changes

SWK has been the subject of a number of recent research reports. UBS Group raised their price target on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Morgan Stanley started coverage on shares of Stanley Black & Decker in a research note on Friday, September 6th. They issued an “equal weight” rating and a $107.00 price target on the stock. Robert W. Baird lifted their price target on shares of Stanley Black & Decker from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company dropped their price target on shares of Stanley Black & Decker from $110.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Monday, October 7th. Finally, The Goldman Sachs Group lifted their price target on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $106.13.

Stanley Black & Decker Stock Down 0.4 %

NYSE SWK opened at $102.89 on Friday. Stanley Black & Decker, Inc. has a 52 week low of $76.57 and a 52 week high of $110.88. The company has a quick ratio of 0.42, a current ratio of 1.27 and a debt-to-equity ratio of 0.64. The business’s fifty day simple moving average is $103.35 and its 200-day simple moving average is $93.58. The firm has a market cap of $15.84 billion, a PE ratio of -53.04, a P/E/G ratio of 2.78 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.25. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.02 billion. Stanley Black & Decker had a negative net margin of 1.87% and a positive return on equity of 6.06%. Stanley Black & Decker’s revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.11) EPS. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 4.18 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Friday, November 29th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $3.28 annualized dividend and a yield of 3.19%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently -169.07%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.