1,000 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Purchased by Rialto Wealth Management LLC

Rialto Wealth Management LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,000 shares of the industrial products company’s stock, valued at approximately $80,000.

Other large investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new position in shares of Stanley Black & Decker in the 4th quarter worth approximately $36,000. Cape Investment Advisory Inc. raised its position in Stanley Black & Decker by 107.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 237 shares during the last quarter. SRS Capital Advisors Inc. boosted its stake in Stanley Black & Decker by 61.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 199 shares in the last quarter. Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at $44,000. Finally, Crews Bank & Trust bought a new position in shares of Stanley Black & Decker in the fourth quarter valued at about $49,000. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Stock Up 4.6 %

Shares of Stanley Black & Decker stock opened at $89.07 on Friday. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The business has a fifty day simple moving average of $85.27 and a 200 day simple moving average of $92.12. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The stock has a market cap of $13.75 billion, a PE ratio of 45.91, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be given a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 3.68%. Stanley Black & Decker’s dividend payout ratio is presently 169.07%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Wells Fargo & Company decreased their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. UBS Group decreased their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Barclays lowered their price target on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective on the stock. Finally, Citigroup lowered their target price on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. One 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. According to data from MarketBeat.com, the stock currently 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.