Andra AP fonden Purchases Shares of 17,100 Stanley Black & Decker, Inc. (NYSE:SWK)

Andra AP fonden purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 17,100 shares of the industrial products company’s stock, valued at approximately $1,373,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SWK. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $36,000. Cape Investment Advisory Inc. increased its holdings in shares of Stanley Black & Decker by 107.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after buying an additional 237 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Stanley Black & Decker by 61.8% in the 4th 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 during the last quarter. Montag A & Associates Inc. bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $44,000. Finally, Crews Bank & Trust bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $49,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Price Performance

SWK opened at $89.07 on Monday. The business has a fifty day moving average of $85.27 and a 200 day moving average of $92.08. Stanley Black & Decker, Inc. has a 52-week low of $77.70 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 stock has a market cap of $13.75 billion, a P/E ratio of 45.91, a PEG ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

Analyst Ratings Changes

SWK has been the topic of a number of research reports. Citigroup reduced 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 report on Thursday, February 6th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Thursday, December 19th. Barclays reduced their target price on shares of 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. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target on the stock. Finally, Wells Fargo & Company reduced 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $103.00.

About Stanley Black & Decker

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.