Regents Gate Capital LLP Purchases New Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Regents Gate Capital LLP acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 55,057 shares of the industrial products company’s stock, valued at approximately $4,421,000. Stanley Black & Decker accounts for approximately 1.8% of Regents Gate Capital LLP’s portfolio, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Rise Advisors LLC raised its stake in Stanley Black & Decker by 99.3% in the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 133 shares in the last quarter. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $36,000. Crews Bank & Trust bought a new position in Stanley Black & Decker in the fourth quarter valued at approximately $49,000. R Squared Ltd acquired a new stake in shares of Stanley Black & Decker in the 4th quarter valued at $54,000. Finally, Waldron Private Wealth LLC acquired a new position in shares of Stanley Black & Decker during the 3rd quarter worth $59,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SWK. StockNews.com cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Thursday, December 19th. Morgan Stanley dropped their price target on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 30th. Wells Fargo & Company reduced their price objective 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. Finally, Robert W. Baird dropped their target price on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $86.56 on Monday. The company has a market capitalization of $13.34 billion, a PE ratio of 44.62, a P/E/G ratio of 1.87 and a beta of 1.24. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30. The company has a 50 day simple moving average of $83.91 and a two-hundred day simple moving average of $93.50.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping 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%. Research analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 earnings per share 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.