Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Has $960,000 Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group grew its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 7.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,493 shares of the industrial products company’s stock after acquiring an additional 900 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Stanley Black & Decker were worth $960,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SWK. Golden State Wealth Management LLC grew its stake in Stanley Black & Decker by 1,138.5% in the first quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 296 shares in the last quarter. Hanson & Doremus Investment Management bought a new position in Stanley Black & Decker in the first quarter valued at approximately $31,000. TD Private Client Wealth LLC grew its stake in Stanley Black & Decker by 830.4% in the first quarter. TD Private Client Wealth LLC now owns 428 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 382 shares in the last quarter. Millstone Evans Group LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at approximately $40,000. Finally, CX Institutional bought a new position in Stanley Black & Decker in the first quarter valued at approximately $43,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK traded up $0.08 on Friday, reaching $70.90. The company had a trading volume of 139,166 shares, compared to its average volume of 2,437,195. The business has a 50 day simple moving average of $68.16 and a 200 day simple moving average of $73.85. The company has a market cap of $10.97 billion, a price-to-earnings ratio of 29.41, a P/E/G ratio of 1.33 and a beta of 1.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.36 and a current ratio of 1.10. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $110.88.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.07. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.73 billion. Stanley Black & Decker had a return on equity of 7.85% and a net margin of 2.40%. Stanley Black & Decker’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.63%. The ex-dividend date was Tuesday, June 3rd. Stanley Black & Decker’s dividend payout ratio is currently 136.10%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Barclays raised Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $69.00 to $90.00 in a research report on Tuesday, May 13th. Wall Street Zen raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, July 12th. Wells Fargo & Company raised their target price on Stanley Black & Decker from $60.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 1st. Wolfe Research raised Stanley Black & Decker from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, July 8th. Finally, Robert W. Baird raised their price objective on Stanley Black & Decker from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $92.10.

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.