Murphy & Mullick Capital Management Corp Invests $55,000 in Stanley Black & Decker, Inc. (NYSE:SWK)

Murphy & Mullick Capital Management Corp acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 684 shares of the industrial products company’s stock, valued at approximately $55,000.

Several other large investors have also bought and sold shares of the company. MML Investors Services LLC raised its holdings in Stanley Black & Decker by 0.8% in the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock worth $1,740,000 after acquiring an additional 127 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Stanley Black & Decker by 0.7% in 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 in the last quarter. Mather Group LLC. raised its stake in shares of Stanley Black & Decker by 11.1% in the fourth quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 151 shares during the last quarter. RB Capital Management LLC lifted its holdings in shares of Stanley Black & Decker by 1.8% during the third quarter. RB Capital Management LLC now owns 9,731 shares of the industrial products company’s stock valued at $1,072,000 after purchasing an additional 170 shares in the last quarter. Finally, Global X Japan Co. Ltd. boosted its position in shares of Stanley Black & Decker by 3.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company’s stock valued at $406,000 after buying an additional 172 shares during the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on SWK shares. Citigroup lowered their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Barclays dropped their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a report on Wednesday. UBS Group decreased their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Wells Fargo & Company dropped their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group began coverage on Stanley Black & Decker in a research report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $77.74 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The stock has a 50-day simple moving average of $85.19 and a two-hundred day simple moving average of $90.34. The firm has a market capitalization of $12.01 billion, a PE ratio of 40.07, a P/E/G ratio of 1.33 and a beta of 1.25. Stanley Black & Decker, Inc. has a 52-week low of $77.29 and a 52-week high of $110.88.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 4.22%. Stanley Black & Decker’s payout ratio is 169.07%.

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.