Lion Street Advisors LLC Lowers Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Lion Street Advisors LLC trimmed its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,901 shares of the industrial products company’s stock after selling 173 shares during the period. Lion Street Advisors LLC’s holdings in Stanley Black & Decker were worth $474,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its position in Stanley Black & Decker by 30.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,072 shares of the industrial products company’s stock valued at $1,859,000 after acquiring an additional 5,372 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Stanley Black & Decker by 18.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,040 shares of the industrial products company’s stock valued at $485,000 after purchasing an additional 926 shares in the last quarter. Old North State Wealth Management LLC acquired a new stake in Stanley Black & Decker during the 4th quarter worth approximately $2,883,000. Mather Group LLC. boosted its position in Stanley Black & Decker by 11.1% in the 4th quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company’s stock valued at $121,000 after buying an additional 151 shares during the period. Finally, Brown Lisle Cummings Inc. grew its stake in shares of Stanley Black & Decker by 19.7% in the fourth quarter. Brown Lisle Cummings Inc. now owns 11,034 shares of the industrial products company’s stock worth $886,000 after acquiring an additional 1,818 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SWK. Robert W. Baird decreased their target price on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Thursday, December 19th. Morgan Stanley reduced their target price on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 30th. Wells Fargo & Company lowered their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group lifted their price objective on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and a consensus price target of $101.25.

Stanley Black & Decker Price Performance

Shares of SWK opened at $86.83 on Wednesday. The firm has a fifty day moving average price of $84.18 and a 200 day moving average price of $93.58. The stock has a market cap of $13.39 billion, a PE ratio of -63.38, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. Stanley Black & Decker, Inc. has a 1-year low of $77.70 and a 1-year high of $110.88. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 0.42.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results 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 positive return on equity of 6.44% and a negative net margin of 1.33%. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 4.14 EPS for the current year.

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.