Stanley Black & Decker, Inc. $SWK Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lifted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 1.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,553,709 shares of the industrial products company’s stock after buying an additional 15,349 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 1.00% of Stanley Black & Decker worth $115,487,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWK. Princeton Global Asset Management LLC acquired a new position in shares of Stanley Black & Decker in the second quarter valued at about $25,000. 1248 Management LLC purchased a new stake in Stanley Black & Decker in the first quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker in the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Finally, Hanson & Doremus Investment Management acquired a new stake in Stanley Black & Decker during the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 0.4%

Shares of NYSE SWK opened at $75.10 on Tuesday. The stock has a market cap of $11.63 billion, a PE ratio of 25.99, a P/E/G ratio of 2.14 and a beta of 1.20. The company has a current ratio of 1.11, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $91.06. The company has a 50-day moving average of $70.45 and a 200 day moving average of $71.36.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share for the quarter. The business had revenue of $3.72 billion for the quarter. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. As a group, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, December 1st. Stanley Black & Decker’s dividend payout ratio is presently 114.88%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SWK. Morgan Stanley set a $88.00 price objective on shares of Stanley Black & Decker in a research note on Monday, December 22nd. UBS Group upped their price target on shares of Stanley Black & Decker from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $80.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. Finally, Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $87.33.

About Stanley Black & Decker

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.