2,276 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,276 shares of the industrial products company’s stock, valued at approximately $183,000.

A number of other large investors also recently bought and sold shares of the stock. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Stanley Black & Decker by 0.7% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company’s stock worth $1,758,000 after purchasing an additional 149 shares in the last quarter. Mather Group LLC. increased its position in shares of Stanley Black & Decker by 11.1% in the fourth quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company’s stock worth $121,000 after acquiring an additional 151 shares in the last quarter. Global X Japan Co. Ltd. raised its stake in shares of Stanley Black & Decker by 3.5% in the 4th quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company’s stock valued at $406,000 after acquiring an additional 172 shares during the period. Metis Global Partners LLC lifted its holdings in shares of Stanley Black & Decker by 3.7% during the 4th quarter. Metis Global Partners LLC now owns 5,108 shares of the industrial products company’s stock valued at $410,000 after acquiring an additional 180 shares in the last quarter. Finally, New York Life Investment Management LLC boosted its position in Stanley Black & Decker by 0.9% during the 4th quarter. New York Life Investment Management LLC now owns 20,725 shares of the industrial products company’s stock worth $1,664,000 after purchasing an additional 181 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Up 1.0%

Shares of SWK stock opened at $71.42 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $110.88. The company has a market capitalization of $11.05 billion, a P/E ratio of 36.81, a P/E/G ratio of 1.33 and a beta of 1.19. The firm has a 50-day moving average price of $67.40 and a 200 day moving average price of $79.43. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.68 by $0.07. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. The company had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same quarter in the previous year, the company earned $0.56 EPS. Stanley Black & Decker’s revenue was down 3.2% on a year-over-year basis. Research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker’s payout ratio is currently 136.10%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Citigroup decreased their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a report on Thursday, February 6th. Wells Fargo & Company decreased their target price on shares of Stanley Black & Decker from $70.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday, May 1st. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a research note on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target on the stock. Barclays upgraded shares of Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $69.00 to $90.00 in a report on Tuesday, May 13th. Finally, Robert W. Baird boosted their price objective on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $91.10.

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.