2,156 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Acquired by Bleakley Financial Group LLC

Bleakley Financial Group LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,156 shares of the industrial products company’s stock, valued at approximately $212,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Achmea Investment Management B.V. acquired a new position in Stanley Black & Decker in the first quarter valued at approximately $36,000. Venturi Wealth Management LLC acquired a new position in Stanley Black & Decker in the third quarter valued at approximately $33,000. ICA Group Wealth Management LLC acquired a new position in Stanley Black & Decker in the fourth quarter valued at approximately $37,000. 1832 Asset Management L.P. acquired a new position in Stanley Black & Decker in the first quarter valued at approximately $69,000. Finally, Castleview Partners LLC lifted its stake in Stanley Black & Decker by 343.4% in the first quarter. Castleview Partners LLC now owns 501 shares of the industrial products company’s stock valued at $40,000 after buying an additional 388 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Stanley Black & Decker Trading Down 0.7 %

NYSE SWK opened at $90.18 on Wednesday. The business has a 50 day moving average price of $91.46 and a 200-day moving average price of $90.59. Stanley Black & Decker, Inc. has a 52 week low of $73.87 and a 52 week high of $104.21. The company has a market cap of $13.87 billion, a price-to-earnings ratio of -43.36, a P/E/G ratio of 2.47 and a beta of 1.34. The company has a quick ratio of 0.39, a current ratio of 1.19 and a debt-to-equity ratio of 0.67.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.19. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Stanley Black & Decker’s revenue was down 6.3% compared to the same quarter last year. As a group, equities analysts expect that Stanley Black & Decker, Inc. will post 4.12 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were issued a dividend of $0.81 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $3.24 annualized dividend and a yield of 3.59%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently -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.