Rothschild Investment LLC Has $3.76 Million Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Rothschild Investment LLC cut its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 14.7% in the fourth quarter, Holdings Channel reports. The firm owned 46,791 shares of the industrial products company’s stock after selling 8,056 shares during the quarter. Rothschild Investment LLC’s holdings in Stanley Black & Decker were worth $3,757,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $36,000. Montag A & Associates Inc. acquired a new position in Stanley Black & Decker during the fourth quarter worth approximately $44,000. Crews Bank & Trust acquired a new position in Stanley Black & Decker during the fourth quarter worth approximately $49,000. Sunbelt Securities Inc. increased its position in Stanley Black & Decker by 363.8% during the third quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock worth $72,000 after buying an additional 513 shares during the last quarter. Finally, R Squared Ltd acquired a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $54,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Down 2.2 %

Shares of SWK opened at $87.95 on Monday. Stanley Black & Decker, Inc. has a 52 week low of $77.70 and a 52 week high of $110.88. The stock has a market capitalization of $13.58 billion, a price-to-earnings ratio of 45.34, a PEG ratio of 1.33 and a beta of 1.24. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The stock has a fifty day moving average of $84.33 and a 200-day moving average of $92.81.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 3.73%. Stanley Black & Decker’s payout ratio is 169.07%.

Analyst Ratings Changes

Several research firms have recently commented on SWK. Robert W. Baird decreased their target price on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. UBS Group cut their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Wells Fargo & Company cut their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. Finally, Barclays cut their target price on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and an average price target of $103.00.

About Stanley Black & Decker

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 Storage segment, and Industrial segment.