Xponance Inc. Increases Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Xponance Inc. grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,948 shares of the industrial products company’s stock after acquiring an additional 555 shares during the period. Xponance Inc.’s holdings in Stanley Black & Decker were worth $1,762,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Ridgewood Investments LLC purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at about $36,000. Cape Investment Advisory Inc. lifted its position in shares of Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 237 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of 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 valued at $42,000 after acquiring an additional 199 shares in the last quarter. Montag A & Associates Inc. purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at about $44,000. Finally, Crews Bank & Trust purchased a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $49,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Down 1.4 %

SWK opened at $79.40 on Friday. The stock has a market cap of $12.27 billion, a price-to-earnings ratio of 40.93, a P/E/G ratio of 1.33 and a beta of 1.25. The stock’s 50 day moving average price is $85.43 and its 200-day moving average price is $90.80. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30.

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

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were issued a $0.82 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.13%. Stanley Black & Decker’s payout ratio is 169.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Citigroup reduced their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Thursday, December 19th. UBS Group reduced their price objective on 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. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective on the stock. Finally, Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $103.00.

Stanley Black & Decker 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 Outdoor and Industrial segments.