Stanley Black & Decker, Inc. (NYSE:SWK) Stock Holdings Increased by Olstein Capital Management L.P.

Olstein Capital Management L.P. boosted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 5.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,000 shares of the industrial products company’s stock after buying an additional 4,000 shares during the quarter. Olstein Capital Management L.P.’s holdings in Stanley Black & Decker were worth $7,051,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SWK. LPL Financial LLC increased its holdings in Stanley Black & Decker by 11.6% in the third quarter. LPL Financial LLC now owns 86,004 shares of the industrial products company’s stock valued at $7,188,000 after buying an additional 8,910 shares during the last quarter. Natixis Advisors L.P. boosted its stake in Stanley Black & Decker by 11.1% in the third quarter. Natixis Advisors L.P. now owns 11,281 shares of the industrial products company’s stock valued at $943,000 after acquiring an additional 1,131 shares during the period. Trexquant Investment LP boosted its stake in Stanley Black & Decker by 85.5% in the third quarter. Trexquant Investment LP now owns 13,294 shares of the industrial products company’s stock valued at $1,111,000 after acquiring an additional 6,129 shares during the period. Treasurer of the State of North Carolina boosted its stake in Stanley Black & Decker by 3.4% in the third quarter. Treasurer of the State of North Carolina now owns 69,193 shares of the industrial products company’s stock valued at $5,783,000 after acquiring an additional 2,280 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new position in Stanley Black & Decker in the third quarter valued at approximately $6,889,000. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Price Performance

SWK traded up $0.49 during trading on Wednesday, reaching $79.88. The stock had a trading volume of 894,537 shares, compared to its average volume of 1,408,477. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of -116.11, a price-to-earnings-growth ratio of 2.19 and a beta of 1.25. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 0.63. Stanley Black & Decker, Inc. has a 1-year low of $76.26 and a 1-year high of $104.21. The stock has a 50 day moving average of $85.98 and a two-hundred day moving average of $90.53.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Thursday, May 2nd. The industrial products company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.83 billion. Stanley Black & Decker had a positive return on equity of 3.95% and a negative net margin of 0.66%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.41) earnings per share. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 4.05 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were given a $0.81 dividend. The ex-dividend date was Tuesday, June 4th. This represents a $3.24 dividend on an annualized basis and a yield of 4.06%. Stanley Black & Decker’s dividend payout ratio (DPR) is -469.56%.

Insider Buying and Selling at Stanley Black & Decker

In other Stanley Black & Decker news, SVP Janet Link sold 3,442 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $86.80, for a total value of $298,765.60. Following the transaction, the senior vice president now owns 32,860 shares of the company’s stock, valued at $2,852,248. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Barclays downgraded Stanley Black & Decker from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $100.00 to $86.00 in a research note on Tuesday, June 4th. Wells Fargo & Company decreased their target price on Stanley Black & Decker from $98.00 to $92.00 and set an “equal weight” rating for the company in a research note on Friday, May 3rd. Finally, Robert W. Baird reduced their price objective on Stanley Black & Decker from $82.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, April 18th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $95.44.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.