13,708 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 13,708 shares of the industrial products company’s stock, valued at approximately $1,101,000.

Other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its position in Stanley Black & Decker by 29.8% during the third quarter. Thrivent Financial for Lutherans now owns 8,424 shares of the industrial products company’s stock worth $927,000 after buying an additional 1,933 shares during the period. Pathstone Holdings LLC grew its holdings in shares of Stanley Black & Decker by 4.6% in the 3rd quarter. Pathstone Holdings LLC now owns 12,821 shares of the industrial products company’s stock worth $1,412,000 after acquiring an additional 560 shares during the period. Caprock Group LLC purchased a new position in Stanley Black & Decker in the 3rd quarter valued at approximately $440,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Stanley Black & Decker during the third quarter worth $467,000. Finally, PNC Financial Services Group Inc. boosted its position in Stanley Black & Decker by 12.1% during the third quarter. PNC Financial Services Group Inc. now owns 30,765 shares of the industrial products company’s stock worth $3,388,000 after purchasing an additional 3,309 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Down 1.4 %

Shares of NYSE SWK opened at $79.40 on Friday. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $12.27 billion, a PE ratio of 40.93, a P/E/G ratio of 1.33 and a beta of 1.25. The firm has a fifty day moving average of $85.43 and a 200-day moving average of $90.80. Stanley Black & Decker, Inc. has a 52-week low of $77.70 and a 52-week high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly 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%. On average, analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 4.13%. Stanley Black & Decker’s dividend payout ratio (DPR) is 169.07%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SWK. Barclays dropped their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 target price for the company. Citigroup lowered their price target on shares of 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 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 report on Thursday, December 19th. Finally, 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 report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus price target of $103.00.

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 Outdoor and Industrial segments.