Mutual of America Capital Management LLC Sells 185 Shares of Stanley Black & Decker, Inc. $SWK

Mutual of America Capital Management LLC decreased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 1.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,746 shares of the industrial products company’s stock after selling 185 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Stanley Black & Decker were worth $1,202,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vest Financial LLC grew its position in shares of Stanley Black & Decker by 46.4% during the 2nd quarter. Vest Financial LLC now owns 903,163 shares of the industrial products company’s stock worth $61,189,000 after buying an additional 286,331 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Stanley Black & Decker by 18.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 19,435 shares of the industrial products company’s stock valued at $1,494,000 after buying an additional 3,009 shares during the period. Rempart Asset Management Inc. increased its holdings in Stanley Black & Decker by 22.5% during the second quarter. Rempart Asset Management Inc. now owns 156,704 shares of the industrial products company’s stock valued at $10,617,000 after buying an additional 28,826 shares during the period. Fort Washington Investment Advisors Inc. OH increased its holdings in Stanley Black & Decker by 3.0% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 1,538,360 shares of the industrial products company’s stock valued at $104,224,000 after buying an additional 45,107 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Stanley Black & Decker by 40.5% during the first quarter. GAMMA Investing LLC now owns 4,521 shares of the industrial products company’s stock valued at $348,000 after buying an additional 1,304 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 0.3%

NYSE:SWK opened at $70.19 on Monday. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $104.35. The firm has a fifty day simple moving average of $73.75 and a 200-day simple moving average of $69.20. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $10.86 billion, a P/E ratio of 22.28, a PEG ratio of 1.47 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Thursday, June 30th. The industrial products company reported $2.85 EPS for the quarter. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The business had revenue of $3.72 billion during the quarter. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SWK shares. Jefferies Financial Group set a $86.00 price objective on Stanley Black & Decker and gave the company a “buy” rating in a research report on Monday, August 18th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $80.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Friday. Robert W. Baird raised their price objective on Stanley Black & Decker from $65.00 to $78.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Finally, Wells Fargo & Company raised their price objective on Stanley Black & Decker from $75.00 to $80.00 and gave the company an “equal weight” rating in a research report on Monday, October 6th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $88.10.

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 Outdoor and Industrial segments.