Mutual of America Capital Management LLC Has $4.68 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Mutual of America Capital Management LLC increased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 28.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,724 shares of the industrial products company’s stock after purchasing an additional 10,442 shares during the period. Mutual of America Capital Management LLC’s holdings in Stanley Black & Decker were worth $4,682,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SWK. Venturi Wealth Management LLC acquired a new stake in shares of Stanley Black & Decker during the third quarter worth approximately $33,000. Achmea Investment Management B.V. acquired a new stake in shares of Stanley Black & Decker during the first quarter worth approximately $36,000. ICA Group Wealth Management LLC acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $37,000. Castleview Partners LLC increased its holdings in shares of Stanley Black & Decker by 343.4% during the first quarter. Castleview Partners LLC now owns 501 shares of the industrial products company’s stock worth $40,000 after buying an additional 388 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Stanley Black & Decker by 80.5% during the third quarter. EverSource Wealth Advisors LLC now owns 518 shares of the industrial products company’s stock worth $43,000 after buying an additional 231 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating for the company in a report on Tuesday, February 6th. Wells Fargo & Company decreased their price target on shares of Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, February 2nd. Finally, Barclays increased their price target on shares of Stanley Black & Decker from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $99.44.

Stanley Black & Decker Price Performance

Shares of SWK stock opened at $90.78 on Tuesday. Stanley Black & Decker, Inc. has a 52-week low of $73.87 and a 52-week high of $104.21. The stock has a market cap of $13.96 billion, a PE ratio of -43.64, a PEG ratio of 2.47 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 1.19. The firm’s 50 day moving average price is $91.44 and its two-hundred day moving average price is $90.55.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.19. Stanley Black & Decker had a negative net margin of 1.97% and a positive return on equity of 2.34%. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.84 billion. During the same period last year, the firm earned ($0.10) earnings per share. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 4.12 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were paid a $0.81 dividend. The ex-dividend date was Thursday, March 7th. This represents a $3.24 dividend on an annualized basis and a yield of 3.57%. Stanley Black & Decker’s payout ratio is presently -155.77%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.