Brasada Capital Management LP Invests $359,000 in Stanley Black & Decker, Inc. (SWK) Stock

Brasada Capital Management LP acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,000 shares of the industrial products company’s stock, valued at approximately $359,000.

Other institutional investors have also made changes to their positions in the company. Legacy Financial Advisors Inc. lifted its stake in Stanley Black & Decker by 72.8% in the 4th quarter. Legacy Financial Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 139 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in Stanley Black & Decker in the 4th quarter worth about $57,000. CWM LLC lifted its stake in Stanley Black & Decker by 40.2% in the 4th quarter. CWM LLC now owns 617 shares of the industrial products company’s stock worth $74,000 after acquiring an additional 177 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Stanley Black & Decker by 20,766.7% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 626 shares of the industrial products company’s stock worth $75,000 after acquiring an additional 623 shares in the last quarter. Finally, Rational Advisors LLC lifted its stake in Stanley Black & Decker by 6,076.9% in the 3rd quarter. Rational Advisors LLC now owns 803 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 790 shares in the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

SWK opened at $132.31 on Wednesday. Stanley Black & Decker, Inc. has a fifty-two week low of $106.41 and a fifty-two week high of $164.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.16 and a quick ratio of 0.56. The stock has a market cap of $19.36 billion, a PE ratio of 16.23, a PEG ratio of 1.56 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Tuesday, January 22nd. The industrial products company reported $2.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.10 by $0.01. Stanley Black & Decker had a return on equity of 16.29% and a net margin of 4.62%. The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.62 billion. During the same period last year, the business earned $2.18 EPS. The business’s quarterly revenue was up 4.9% on a year-over-year basis. On average, research analysts forecast that Stanley Black & Decker, Inc. will post 8.56 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Tuesday, March 5th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.00%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 32.39%.

In other news, SVP Jaime A. Ramirez sold 600 shares of the firm’s stock in a transaction dated Thursday, January 24th. The stock was sold at an average price of $118.69, for a total transaction of $71,214.00. Following the completion of the sale, the senior vice president now directly owns 35,048 shares of the company’s stock, valued at approximately $4,159,847.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.69% of the stock is owned by company insiders.

SWK has been the subject of several research analyst reports. Macquarie set a $140.00 price objective on Stanley Black & Decker and gave the stock a “buy” rating in a research note on Tuesday, October 30th. ValuEngine raised Stanley Black & Decker from a “sell” rating to a “hold” rating in a research note on Friday, November 16th. Raymond James reissued a “hold” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 23rd. Deutsche Bank initiated coverage on Stanley Black & Decker in a research note on Wednesday, November 7th. They issued a “hold” rating and a $136.00 price objective for the company. Finally, Gabelli raised Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research note on Monday, October 22nd. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $156.53.

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Stanley Black & Decker Profile

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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