Cantor Fitzgerald Investment Advisors L.P. Sells 2,483 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Cantor Fitzgerald Investment Advisors L.P. reduced its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 159,679 shares of the industrial products company’s stock after selling 2,483 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned 0.10% of Stanley Black & Decker worth $12,821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SWK. Harbor Capital Advisors Inc. bought a new stake in Stanley Black & Decker during the 4th quarter worth about $1,386,000. Avanza Fonder AB bought a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $1,287,000. State Street Corp lifted its holdings in Stanley Black & Decker by 6.5% in the third quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock valued at $998,107,000 after buying an additional 549,531 shares during the period. FMR LLC grew its holdings 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 period. Finally, Geode Capital Management LLC raised its position in shares of 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 valued at $392,882,000 after acquiring an additional 35,100 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SWK. StockNews.com cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Robert W. Baird lowered 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. UBS Group reduced their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday. Morgan Stanley cut 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. Finally, Citigroup decreased 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 report on Thursday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $103.00.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $86.56 on Friday. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.42. The stock’s 50-day moving average is $83.97 and its 200-day moving average is $93.47. The firm has a market cap of $13.34 billion, a price-to-earnings ratio of 44.62, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Equities analysts predict that Stanley Black & Decker, Inc. will post 5.09 earnings per share for the current fiscal 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.