Monte Financial Group LLC Has $5.04 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Monte Financial Group LLC boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,706 shares of the industrial products company’s stock after buying an additional 2,045 shares during the period. Stanley Black & Decker comprises 2.2% of Monte Financial Group LLC’s investment portfolio, making the stock its 24th largest holding. Monte Financial Group LLC’s holdings in Stanley Black & Decker were worth $5,035,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. lifted its stake in Stanley Black & Decker by 4.7% in the 3rd quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company’s stock worth $233,000 after acquiring an additional 96 shares in the last quarter. Castleview Partners LLC grew its position in Stanley Black & Decker by 3.9% during the third quarter. Castleview Partners LLC now owns 2,772 shares of the industrial products company’s stock valued at $305,000 after purchasing an additional 103 shares in the last quarter. Empirical Finance LLC increased its stake in Stanley Black & Decker by 2.1% in the 3rd quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock valued at $581,000 after buying an additional 111 shares during the period. Advisors Management Group Inc. ADV lifted its position in Stanley Black & Decker by 3.2% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after buying an additional 117 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of Stanley Black & Decker by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock valued at $1,740,000 after buying an additional 127 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. StockNews.com lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. The Goldman Sachs Group lifted their price target on Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Robert W. Baird dropped their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. Finally, Barclays decreased their target price on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $101.25.

Stanley Black & Decker Price Performance

Shares of SWK stock opened at $88.21 on Friday. The company has a quick ratio of 0.42, a current ratio of 1.29 and a debt-to-equity ratio of 0.63. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The firm has a market cap of $13.60 billion, a price-to-earnings ratio of -64.39, a PEG ratio of 1.85 and a beta of 1.24. The stock has a 50-day moving average price of $84.12 and a 200 day moving average price of $93.41.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.17. The business had revenue of $3.75 billion during the quarter, compared to analysts’ expectations of $3.80 billion. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 earnings per share. Research analysts expect that Stanley Black & Decker, Inc. will post 4.14 EPS for the current year.

Stanley Black & Decker Company 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 Storage segment, and Industrial segment.