BDF Gestion Has $1.93 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

BDF Gestion lessened its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 11.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 24,005 shares of the industrial products company’s stock after selling 3,119 shares during the quarter. BDF Gestion’s holdings in Stanley Black & Decker were worth $1,927,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SWK. Rise Advisors LLC raised its holdings in shares of Stanley Black & Decker by 99.3% in the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 133 shares during the last quarter. Ridgewood Investments LLC acquired a new stake in Stanley Black & Decker in the 4th quarter valued at $36,000. R Squared Ltd acquired a new position in shares of Stanley Black & Decker during the 4th quarter worth about $54,000. Waldron Private Wealth LLC bought a new position in shares of Stanley Black & Decker in the 3rd quarter valued at about $59,000. Finally, Armstrong Advisory Group Inc. acquired a new stake in shares of Stanley Black & Decker in the third quarter valued at about $72,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Shares of SWK opened at $88.53 on Thursday. The stock’s 50-day moving average price is $84.25 and its two-hundred day moving average price is $93.60. The company has a quick ratio of 0.42, a current ratio of 1.29 and a debt-to-equity ratio of 0.63. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.17. Stanley Black & Decker had a negative net margin of 1.33% and a positive return on equity of 6.44%. The business had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. As a group, research analysts expect that Stanley Black & Decker, Inc. will post 4.14 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on SWK shares. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. StockNews.com cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Wells Fargo & Company reduced their target price on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, Robert W. Baird lowered their price objective on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus price target of $101.25.

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.