Bcwm LLC increased its position in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 10.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,020 shares of the industrial products company’s stock after acquiring an additional 10,924 shares during the quarter. Stanley Black & Decker comprises approximately 2.6% of Bcwm LLC’s holdings, making the stock its 16th biggest position. Bcwm LLC’s holdings in Stanley Black & Decker were worth $8,841,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new stake in Stanley Black & Decker in the 4th quarter worth approximately $26,000. Chapman Financial Group LLC purchased a new stake in Stanley Black & Decker during the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the 2nd quarter valued at approximately $28,000. Sentry Investment Management LLC purchased a new stake in Stanley Black & Decker during the 3rd quarter valued at approximately $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in Stanley Black & Decker during the 2nd quarter valued at approximately $31,000. 87.77% of the stock is owned by hedge funds and other institutional investors.
Stanley Black & Decker Stock Performance
Shares of Stanley Black & Decker stock opened at $78.48 on Friday. The firm has a market cap of $12.20 billion, a P/E ratio of 32.16, a P/E/G ratio of 1.10 and a beta of 1.19. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $93.37. The stock’s fifty day moving average price is $75.09 and its 200-day moving average price is $76.86.
Stanley Black & Decker Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be paid a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 4.2%. Stanley Black & Decker’s dividend payout ratio (DPR) is 136.07%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Morgan Stanley cut their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Argus raised shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Finally, Barclays lowered their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $87.33.
Check Out Our Latest Stock Report on SWK
About Stanley Black & Decker
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
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