State of Wyoming Purchases 3,564 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

State of Wyoming raised its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 381.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,498 shares of the industrial products company’s stock after buying an additional 3,564 shares during the quarter. State of Wyoming’s holdings in Stanley Black & Decker were worth $361,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Americana Partners LLC raised its stake in shares of Stanley Black & Decker by 180.5% in the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company’s stock valued at $9,064,000 after buying an additional 72,637 shares during the period. Cascade Investment Advisors Inc. bought a new stake in shares of Stanley Black & Decker in the fourth quarter valued at $1,076,000. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Stanley Black & Decker by 7.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company’s stock valued at $128,054,000 after buying an additional 109,100 shares during the period. Barclays PLC raised its stake in shares of Stanley Black & Decker by 30.9% in the third quarter. Barclays PLC now owns 427,337 shares of the industrial products company’s stock valued at $47,061,000 after buying an additional 100,894 shares during the period. Finally, Merit Financial Group LLC bought a new stake in shares of Stanley Black & Decker in the fourth quarter valued at $320,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $66.49 on Thursday. The firm has a market capitalization of $10.29 billion, a P/E ratio of 34.27, a P/E/G ratio of 1.33 and a beta of 1.19. 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’s 50-day simple moving average is $66.72 and its two-hundred day simple moving average is $79.03. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $110.88.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.68 by $0.07. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The company’s revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.56 EPS. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $3.28 annualized dividend and a dividend yield of 4.93%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 136.10%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SWK shares. JPMorgan Chase & Co. reduced their price target on Stanley Black & Decker from $93.00 to $60.00 and set an “underweight” rating for the company in a research report on Monday, May 5th. Robert W. Baird lifted their price target on Stanley Black & Decker from $60.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, May 1st. Citigroup reduced their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Barclays upgraded Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $69.00 to $90.00 in a research report on Tuesday, May 13th. Finally, UBS Group reduced their price target on Stanley Black & Decker from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Stanley Black & Decker has a consensus 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.