Stanley Black & Decker, Inc. (NYSE:SWK) Shares Acquired by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 22.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,985 shares of the industrial products company’s stock after acquiring an additional 360 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Stanley Black & Decker were worth $159,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allen Wealth Management LLC grew its position in shares of Stanley Black & Decker by 3.5% in the fourth quarter. Allen Wealth Management LLC now owns 17,780 shares of the industrial products company’s stock valued at $1,428,000 after purchasing an additional 601 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Stanley Black & Decker by 4.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,098,469 shares of the industrial products company’s stock valued at $248,776,000 after buying an additional 129,614 shares during the period. Geode Capital Management LLC increased its stake in shares of Stanley Black & Decker by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 3,755,653 shares of the industrial products company’s stock valued at $300,756,000 after acquiring an additional 175,801 shares during the last quarter. Diametric Capital LP purchased a new position in shares of Stanley Black & Decker during the 4th quarter worth about $240,000. Finally, Franklin Resources Inc. grew its holdings in Stanley Black & Decker by 0.8% in the fourth quarter. Franklin Resources Inc. now owns 169,402 shares of the industrial products company’s stock valued at $13,601,000 after purchasing an additional 1,303 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SWK has been the topic of a number of recent analyst reports. Barclays cut their price target on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 target price on the stock. Citigroup dropped their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Thursday, December 19th. Finally, Wells Fargo & Company dropped their target price 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. One equities 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Stock Down 2.9 %

Shares of NYSE:SWK opened at $62.78 on Friday. The company has a 50 day moving average of $83.50 and a two-hundred day moving average of $89.24. Stanley Black & Decker, Inc. has a 52-week low of $57.77 and a 52-week high of $110.88. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $9.70 billion, a price-to-earnings ratio of 32.36, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates 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, analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 5.23%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 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.