Stanley Black & Decker, Inc. (NYSE:SWK) Shares Purchased by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. increased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 31.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,970 shares of the industrial products company’s stock after buying an additional 4,745 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in Stanley Black & Decker were worth $1,603,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SWK. Ridgewood Investments LLC purchased a new position in Stanley Black & Decker in the 4th quarter valued at about $36,000. Montag A & Associates Inc. acquired a new position in Stanley Black & Decker in the fourth quarter worth $44,000. Crews Bank & Trust acquired a new stake in Stanley Black & Decker during the fourth quarter worth about $49,000. R Squared Ltd bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth approximately $54,000. Finally, Sunbelt Securities Inc. grew its position in shares of Stanley Black & Decker by 363.8% during 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 during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Performance

SWK opened at $86.78 on Tuesday. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88. The stock’s 50 day moving average price is $84.41 and its two-hundred day moving average price is $92.76. The firm has a market capitalization of $13.40 billion, a P/E ratio of 44.73, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24. 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) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping 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 forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share 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 issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s payout ratio is 169.07%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SWK. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a “buy” rating and a $103.00 target price on the stock. Wells Fargo & Company cut their target price on 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. 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 dropped their price objective on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 8th. Finally, Morgan Stanley reduced their price target on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $103.00.

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.