National Pension Service Increases Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

National Pension Service lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 485.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,385 shares of the industrial products company’s stock after acquiring an additional 240,752 shares during the quarter. National Pension Service owned about 0.19% of Stanley Black & Decker worth $23,315,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker during the 4th quarter valued at $36,000. Montag A & Associates Inc. acquired a new position in shares of Stanley Black & Decker during the 4th quarter valued at $44,000. Crews Bank & Trust acquired a new position in shares of Stanley Black & Decker during the 4th quarter valued at $49,000. R Squared Ltd acquired a new position in shares of Stanley Black & Decker during the 4th quarter valued at $54,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Stanley Black & Decker by 363.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock valued at $72,000 after acquiring an additional 513 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $86.47 on Friday. The firm has a market cap of $13.35 billion, a PE ratio of 44.57, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24. The firm’s 50-day simple moving average is $84.90 and its 200-day simple moving average is $92.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88.

Stanley Black & Decker (NYSE:SWK) last issued 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 net margin of 1.92% and a return on equity of 7.50%. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio is presently 169.07%.

Analyst Ratings Changes

SWK has been the topic of several recent research reports. UBS Group reduced their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Barclays cut their price objective on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a report on Thursday, December 19th. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $103.00.

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.