MUFG Securities EMEA plc grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 2,787.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,546 shares of the industrial products company’s stock after acquiring an additional 82,583 shares during the period. MUFG Securities EMEA plc owned about 0.06% of Stanley Black & Decker worth $6,354,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently made changes to their positions in SWK. GoalVest Advisory LLC bought a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $26,000. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker in the second quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new stake in shares of Stanley Black & Decker in the second quarter worth about $28,000. Sentry Investment Management LLC bought a new stake in shares of Stanley Black & Decker in the third quarter worth about $31,000. Finally, Advisory Services Network LLC bought a new stake in shares of Stanley Black & Decker in the third quarter worth about $35,000. 87.77% of the stock is owned by institutional investors.
Stanley Black & Decker Trading Up 0.1%
SWK opened at $79.50 on Monday. The stock has a market cap of $12.36 billion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 1.12 and a beta of 1.19. The stock’s 50 day moving average price is $74.20 and its 200-day moving average price is $76.53. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14.
Stanley Black & Decker Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be issued a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.2%. Stanley Black & Decker’s payout ratio is presently 136.07%.
Analysts Set New Price Targets
SWK has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Morgan Stanley reduced their target price on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. lifted their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Argus raised Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $87.33.
Get Our Latest Stock Analysis on SWK
About Stanley Black & Decker
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
Read More
- Five stocks we like better than Stanley Black & Decker
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.
