Crestwood Advisors Group LLC Has $1.31 Million Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Crestwood Advisors Group LLC decreased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 23.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,291 shares of the industrial products company’s stock after selling 4,974 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Stanley Black & Decker were worth $1,308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Ridgewood Investments LLC acquired a new stake in Stanley Black & Decker in the fourth quarter worth $36,000. Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker in the 4th quarter valued at about $44,000. Crews Bank & Trust bought a new stake in Stanley Black & Decker in the 4th quarter valued at about $49,000. R Squared Ltd acquired a new position in Stanley Black & Decker during the 4th quarter worth approximately $54,000. Finally, Sunbelt Securities Inc. boosted its holdings in Stanley Black & Decker by 363.8% in the third quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 513 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Citigroup decreased their price target on shares of 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 shares of 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. StockNews.com downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. Finally, UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $86.78 on Tuesday. 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 $13.40 billion, a PE ratio of 44.73, a PEG ratio of 1.33 and a beta of 1.24. The stock’s 50 day moving average price is $84.41 and its 200-day moving average price is $92.76. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced 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%. On average, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio is 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 Storage segment, and Industrial segment.