Bcwm LLC Makes New $6.59 Million Investment in Stanley Black & Decker, Inc. (NYSE:SWK)

Bcwm LLC acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 82,065 shares of the industrial products company’s stock, valued at approximately $6,589,000. Stanley Black & Decker makes up 2.3% of Bcwm LLC’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Ridgewood Investments LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at approximately $36,000. Cape Investment Advisory Inc. raised its holdings in shares of Stanley Black & Decker by 107.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 237 shares during the period. Millstone Evans Group LLC bought a new stake in Stanley Black & Decker in the 4th quarter valued at $40,000. SRS Capital Advisors Inc. grew its holdings in shares of Stanley Black & Decker by 61.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock worth $42,000 after buying an additional 199 shares in the last quarter. Finally, Montag A & Associates Inc. bought a new stake in Stanley Black & Decker in the 4th quarter valued at approximately $44,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $76.46 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $11.82 billion, a P/E ratio of 39.41, a P/E/G ratio of 1.33 and a beta of 1.25. Stanley Black & Decker, Inc. has a 12 month low of $76.25 and a 12 month high of $110.88. The stock has a 50 day moving average of $85.03 and a 200-day moving average of $90.15.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, beating 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%. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were issued a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 4.29%. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Analyst Ratings Changes

A number of research firms have recently issued reports on SWK. UBS Group lowered their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Wells Fargo & Company cut their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price objective for the company. Citigroup dropped their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Finally, Barclays lowered their price target on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Wednesday. One research 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. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $102.20.

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.