Yousif Capital Management LLC Has $6.61 Million Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Yousif Capital Management LLC cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,329 shares of the industrial products company’s stock after selling 13,094 shares during the quarter. Yousif Capital Management LLC owned 0.05% of Stanley Black & Decker worth $6,610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clean Energy Transition LLP raised its stake in Stanley Black & Decker by 49.0% during the 3rd quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company’s stock worth $218,518,000 after buying an additional 652,780 shares during the period. State Street Corp increased its holdings in shares of Stanley Black & Decker by 6.5% during 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 acquiring an additional 549,531 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of Stanley Black & Decker by 14,394.0% during the third quarter. International Assets Investment Management LLC now owns 393,657 shares of the industrial products company’s stock worth $43,353,000 after purchasing an additional 390,941 shares during the period. FMR LLC lifted its holdings in shares of Stanley Black & Decker by 40.8% in the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock worth $101,663,000 after purchasing an additional 267,723 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Stanley Black & Decker by 8.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company’s stock valued at $326,960,000 after purchasing an additional 235,106 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SWK has been the topic of a number of recent research reports. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Morgan Stanley dropped their price target on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 30th. Robert W. Baird lowered their price objective 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. The Goldman Sachs Group lifted their target price on Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. Finally, Wells Fargo & Company lowered their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $103.11.

Stanley Black & Decker Stock Up 0.4 %

Shares of NYSE:SWK opened at $86.00 on Friday. The company has a market capitalization of $13.26 billion, a PE ratio of -62.77, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 0.42. The business has a fifty day moving average price of $84.04 and a two-hundred day moving average price of $93.52.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data 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 negative net margin of 1.33% and a positive return on equity of 6.44%. Analysts forecast that Stanley Black & Decker, Inc. will post 4.14 earnings per share for the current year.

Stanley Black & Decker 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.