2 weeks Ago By ABMN Staff
Raymond James Financial Inc. bought a new position in shares of Stanley Black & Decker, Inc. ( NYSE:SWK – Free Report ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor bought 194,379 shares of the industrial products company’s stock, valued at approximately $15,607,000. Raymond James Financial Inc. owned about 0.
13% of Stanley Black & Decker as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors and hedge funds also recently bought and sold shares of SWK. Americana Partners LLC lifted its position in shares of Stanley Black & Decker by 180.
5% in the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company’s stock worth $9,064,000 after buying an additional 72,637 shares in the last quarter. Harbor Capital Advisors Inc.
purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at $1,386,000. Avanza Fonder AB bought a new stake in Stanley Black & Decker in the fourth quarter worth $1,287,000. Franklin Resources Inc.
raised its stake in Stanley Black & Decker by 12.6% during the third quarter. Franklin Resources Inc.
now owns 168,099 shares of the industrial products company’s stock valued at $18,298,000 after purchasing an additional 18,776 shares in the last quarter. Finally, Cascade Investment Advisors Inc. bought a new position in Stanley Black & Decker during the fourth quarter valued at $1,076,000.
87.77% of the stock is currently owned by institutional investors. Analysts Set New Price Targets A number of research analysts recently commented on SWK shares.
Barclays lowered their price target on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a report 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 for the company.
Citigroup decreased their price target 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.
Wells Fargo & Company cut their price objective 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.
Finally, UBS Group lowered 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 report on Friday, February 7th.
One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Stanley Black & Decker has a consensus rating of “Hold” and an average price target of $102.20.
Stanley Black & Decker Trading Down 1.4 % SWK opened at $56.42 on Tuesday.
Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $110.
88. The company has a market capitalization of $8.72 billion, a P/E ratio of 29.
08, a PEG ratio of 1.33 and a beta of 1.14.
The stock’s fifty day moving average is $76.09 and its two-hundred day moving average is $84.68.
The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.
64. Stanley Black & Decker ( NYSE:SWK – Get Free Report ) last issued 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 earnings per share for the current year.
Stanley Black & Decker Dividend Announcement The company also recently announced 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 of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 5.
81%. Stanley Black & Decker’s dividend payout ratio is presently 169.07%.
Stanley Black & Decker Company Profile ( Free Report ) 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. Featured Articles Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.
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