Schroder Investment Management Group Has $62.80 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Schroder Investment Management Group trimmed its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 782,152 shares of the industrial products company’s stock after selling 18,834 shares during the period. Schroder Investment Management Group owned 0.51% of Stanley Black & Decker worth $62,799,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Ridgewood Investments LLC acquired a new position in Stanley Black & Decker during the fourth quarter worth $36,000. Cape Investment Advisory Inc. boosted its stake in shares of Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 237 shares in the last quarter. Millstone Evans Group LLC acquired a new position in shares of Stanley Black & Decker during the 4th quarter valued at about $40,000. SRS Capital Advisors Inc. lifted its holdings in 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 purchasing an additional 199 shares during the last quarter. Finally, Montag A & Associates Inc. bought a new stake in Stanley Black & Decker during the fourth quarter worth approximately $44,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 0.7 %

Shares of SWK stock opened at $76.94 on Tuesday. Stanley Black & Decker, Inc. has a one year low of $74.31 and a one year high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The stock has a fifty day moving average price of $84.88 and a 200 day moving average price of $89.95. The stock has a market cap of $11.89 billion, a P/E ratio of 39.66, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating 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 predict 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 declared a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th were given a $0.82 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 4.26%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Thursday, December 19th. Barclays cut their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 26th. Citigroup dropped their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company lowered 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, UBS Group cut their price target on 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 research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and an average price target of $102.20.

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.