Valley Brook Capital Group acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 300 shares of the industrial products company’s stock, valued at approximately $53,000.

Several other hedge funds have also recently added to or reduced their stakes in SWK. DekaBank Deutsche Girozentrale lifted its position in Stanley Black & Decker by 11.5% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 31,294 shares of the industrial products company’s stock valued at $5,482,000 after purchasing an additional 3,228 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Stanley Black & Decker during the fourth quarter valued at approximately $1,705,000. BNC Wealth Management LLC lifted its position in Stanley Black & Decker by 7.7% during the fourth quarter. BNC Wealth Management LLC now owns 4,961 shares of the industrial products company’s stock valued at $886,000 after purchasing an additional 356 shares during the last quarter. Hudson Bay Capital Management LP bought a new stake in Stanley Black & Decker during the fourth quarter valued at approximately $2,625,000. Finally, Eaton Vance Management lifted its position in Stanley Black & Decker by 1.3% during the fourth quarter. Eaton Vance Management now owns 992,614 shares of the industrial products company’s stock valued at $177,241,000 after purchasing an additional 12,678 shares during the last quarter. Institutional investors own 85.41% of the company’s stock.

Several research analysts have commented on the stock. Barclays lifted their price target on shares of Stanley Black & Decker from $214.00 to $219.00 and gave the stock an “overweight” rating in a research note on Tuesday. Credit Suisse Group lifted their price target on shares of Stanley Black & Decker from $177.00 to $188.00 and gave the stock a “neutral” rating in a research note on Friday, January 29th. Citigroup lifted their price target on shares of Stanley Black & Decker from $203.00 to $215.00 in a research note on Friday, January 29th. Morgan Stanley decreased their price target on shares of Stanley Black & Decker from $220.00 to $217.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Stanley Black & Decker from $200.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Stanley Black & Decker has a consensus rating of “Buy” and an average target price of $189.71.

In related news, EVP Jeffrey D. Ansell sold 3,304 shares of the company’s stock in a transaction dated Wednesday, March 17th. The shares were sold at an average price of $190.53, for a total value of $629,511.12. Following the transaction, the executive vice president now owns 25,090 shares in the company, valued at approximately $4,780,397.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

Shares of Stanley Black & Decker stock opened at $200.24 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.69 and a debt-to-equity ratio of 0.52. The company’s fifty day simple moving average is $188.72 and its two-hundred day simple moving average is $178.88. The company has a market cap of $32.22 billion, a P/E ratio of 32.51, a PEG ratio of 2.68 and a beta of 1.47. Stanley Black & Decker, Inc. has a 12-month low of $97.64 and a 12-month high of $204.70.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, January 27th. The industrial products company reported $3.29 EPS for the quarter, beating the Zacks’ consensus estimate of $2.98 by $0.31. Stanley Black & Decker had a net margin of 6.98% and a return on equity of 15.05%. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the previous year, the business posted $2.18 EPS. The company’s quarterly revenue was up 18.7% on a year-over-year basis. Analysts predict that Stanley Black & Decker, Inc. will post 8.71 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 23rd. Stockholders of record on Tuesday, March 9th were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Monday, March 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 33.33%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in the tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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