Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Investors Research Corp

Investors Research Corp trimmed its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,404 shares of the industrial products company’s stock after selling 650 shares during the quarter. Investors Research Corp’s holdings in Stanley Black & Decker were worth $675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Independent Advisor Alliance boosted its holdings in Stanley Black & Decker by 11.6% in the fourth quarter. Independent Advisor Alliance now owns 9,259 shares of the industrial products company’s stock valued at $743,000 after purchasing an additional 963 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Stanley Black & Decker by 0.8% in the fourth quarter. Daiwa Securities Group Inc. now owns 25,839 shares of the industrial products company’s stock valued at $2,075,000 after purchasing an additional 217 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Stanley Black & Decker by 2.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 82,526 shares of the industrial products company’s stock valued at $6,626,000 after purchasing an additional 2,114 shares in the last quarter. AlphaQuest LLC lifted its stake in Stanley Black & Decker by 98,300.0% in the fourth quarter. AlphaQuest LLC now owns 5,904 shares of the industrial products company’s stock valued at $474,000 after buying an additional 5,898 shares during the last quarter. Finally, Amundi lifted its stake in Stanley Black & Decker by 124.7% in the fourth quarter. Amundi now owns 807,859 shares of the industrial products company’s stock valued at $65,889,000 after buying an additional 448,411 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 4.6 %

NYSE:SWK opened at $89.07 on Monday. The stock has a fifty day moving average price of $85.27 and a two-hundred day moving average price of $92.08. The stock has a market capitalization of $13.75 billion, a price-to-earnings ratio of 45.91, a PEG ratio of 1.33 and a beta of 1.25. 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 released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (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%. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is 169.07%.

Wall Street Analysts Forecast Growth

SWK has been the subject of a number of research reports. 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 note on Thursday, December 19th. Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Citigroup reduced their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. UBS Group reduced their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Finally, Jefferies Financial Group started coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and a consensus target price 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.