Cromwell Holdings LLC Has $26,000 Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Cromwell Holdings LLC cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 28.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 319 shares of the industrial products company’s stock after selling 129 shares during the quarter. Cromwell Holdings LLC’s holdings in Stanley Black & Decker were worth $26,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. ING Groep NV lifted its stake in Stanley Black & Decker by 213.7% in the fourth quarter. ING Groep NV now owns 64,590 shares of the industrial products company’s stock valued at $5,186,000 after buying an additional 43,999 shares during the period. Handelsbanken Fonder AB lifted its stake in Stanley Black & Decker by 19.2% in the fourth quarter. Handelsbanken Fonder AB now owns 43,300 shares of the industrial products company’s stock valued at $3,477,000 after buying an additional 6,964 shares during the period. Ieq Capital LLC raised its position in shares of Stanley Black & Decker by 638.7% during the fourth quarter. Ieq Capital LLC now owns 56,210 shares of the industrial products company’s stock worth $4,513,000 after purchasing an additional 48,601 shares during the period. Private Advisor Group LLC raised its position in shares of Stanley Black & Decker by 35.0% during the fourth quarter. Private Advisor Group LLC now owns 14,149 shares of the industrial products company’s stock worth $1,136,000 after purchasing an additional 3,671 shares during the period. Finally, Kentucky Retirement Systems Insurance Trust Fund raised its position in shares of Stanley Black & Decker by 20.6% during the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 5,497 shares of the industrial products company’s stock worth $444,000 after purchasing an additional 939 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. UBS Group lowered their target price on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Citigroup lowered their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. Mizuho raised 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. Robert W. Baird lowered their target price 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. Finally, Wells Fargo & Company lowered their target price 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $103.00.

Stanley Black & Decker Stock Up 1.9 %

SWK stock opened at $89.96 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of 46.37, a PEG ratio of 1.32 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 stock has a fifty day moving average of $84.08 and a 200-day moving average of $92.91.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share 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%. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.12 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, March 18th. Investors of record on Tuesday, March 4th will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 3.65%. Stanley Black & Decker’s dividend payout ratio (DPR) is 169.07%.

About Stanley Black & Decker

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.