Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT reduced its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 10.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,538 shares of the industrial products company’s stock after selling 975 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Stanley Black & Decker were worth $686,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SWK. Empirical Finance LLC raised its stake in shares of Stanley Black & Decker by 2.1% during the 3rd quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after buying an additional 111 shares in the last quarter. Advisors Management Group Inc. ADV raised its position in Stanley Black & Decker by 3.2% in the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after acquiring an additional 117 shares in the last quarter. MML Investors Services LLC lifted its holdings in Stanley Black & Decker by 0.8% in the third quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock valued at $1,740,000 after acquiring an additional 127 shares during the period. Assetmark Inc. boosted its position in shares of Stanley Black & Decker by 1.4% during the 3rd quarter. Assetmark Inc. now owns 9,438 shares of the industrial products company’s stock worth $1,039,000 after purchasing an additional 130 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Stanley Black & Decker by 0.7% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company’s stock worth $1,758,000 after purchasing an additional 149 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Barclays reduced their price objective on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Robert W. Baird lowered their price target 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. Morgan Stanley reduced their price objective on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, October 30th. Finally, Jefferies Financial Group began coverage on Stanley Black & Decker in a report on Wednesday. They issued a “buy” rating and a $103.00 target price on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $87.95 on Friday. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. The company has a market capitalization of $13.58 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 1.33 and a beta of 1.24. The stock has a fifty day moving average of $84.33 and a two-hundred day moving average of $92.83. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. On average, analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s payout ratio is 169.07%.

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.