Integrity Alliance LLC. acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,573 shares of the industrial products company’s stock, valued at approximately $1,602,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Stanley Black & Decker by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after buying an additional 559 shares during the period. Empowered Funds LLC raised its stake in Stanley Black & Decker by 8.2% in the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after buying an additional 353 shares during the period. Focus Partners Wealth raised its stake in Stanley Black & Decker by 18.8% in the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after buying an additional 1,105 shares during the period. CW Advisors LLC bought a new stake in Stanley Black & Decker in the second quarter valued at approximately $249,000. Finally, EverSource Wealth Advisors LLC raised its stake in Stanley Black & Decker by 53.6% in the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after buying an additional 345 shares during the period. Institutional investors own 87.77% of the company’s stock.
Stanley Black & Decker Price Performance
Shares of NYSE SWK opened at $79.55 on Thursday. The firm has a market cap of $12.37 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 1.11 and a beta of 1.20. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $93.37. The business’s 50 day moving average is $73.84 and its 200-day moving average is $76.37.
Stanley Black & Decker Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Monday, June 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is 136.07%.
Wall Street Analysts Forecast Growth
SWK has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Wells Fargo & Company increased their target price on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Citigroup increased their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Wall Street Zen lowered 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 given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $87.67.
Check Out Our Latest Analysis on SWK
Stanley Black & Decker Profile
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.
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