Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,274 shares of the industrial products company’s stock after selling 3,598 shares during the quarter. Yousif Capital Management LLC owned about 0.06% of Stanley Black & Decker worth $9,248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC acquired a new position in shares of Stanley Black & Decker in the 3rd quarter valued at about $33,000. EverSource Wealth Advisors LLC grew its holdings in Stanley Black & Decker by 80.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 518 shares of the industrial products company’s stock valued at $43,000 after buying an additional 231 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Stanley Black & Decker in the 3rd quarter worth $44,000. ING Groep NV acquired a new stake in Stanley Black & Decker during the third quarter worth about $45,000. Finally, Parkside Financial Bank & Trust boosted its stake in Stanley Black & Decker by 41.3% during the third quarter. Parkside Financial Bank & Trust now owns 547 shares of the industrial products company’s stock worth $46,000 after buying an additional 160 shares in the last quarter. 87.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on SWK. Wells Fargo & Company reduced their price target on shares of Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, February 2nd. Barclays raised their price objective on Stanley Black & Decker from $105.00 to $107.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. dropped their price target on Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 6th. Finally, Robert W. Baird dropped their target price on Stanley Black & Decker from $82.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, April 18th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and an average target price of $98.11.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $90.27 on Thursday. The business’s 50 day moving average price is $91.53 and its two-hundred day moving average price is $90.97. The company has a market cap of $13.88 billion, a PE ratio of -43.40, a price-to-earnings-growth ratio of 2.45 and a beta of 1.34. The company has a quick ratio of 0.39, a current ratio of 1.19 and a debt-to-equity ratio of 0.67. Stanley Black & Decker, Inc. has a twelve month low of $73.87 and a twelve month high of $104.21.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, February 1st. The industrial products company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.73 by $0.19. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the business earned ($0.10) earnings per share. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, analysts predict that Stanley Black & Decker, Inc. will post 4.12 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were paid a $0.81 dividend. The ex-dividend date was Thursday, March 7th. This represents a $3.24 annualized dividend and a dividend yield of 3.59%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -155.77%.

About Stanley Black & Decker

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.