Metis Global Partners LLC Grows Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Metis Global Partners LLC boosted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 3.7% during the 4th quarter, HoldingsChannel reports. The firm owned 5,108 shares of the industrial products company’s stock after buying an additional 180 shares during the period. Metis Global Partners LLC’s holdings in Stanley Black & Decker were worth $410,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Empirical Finance LLC increased its holdings in Stanley Black & Decker by 2.1% during the 3rd quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after purchasing an additional 111 shares during the period. Advisors Management Group Inc. ADV increased its holdings in Stanley Black & Decker by 3.2% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 117 shares during the period. MML Investors Services LLC increased its holdings in Stanley Black & Decker by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock worth $1,740,000 after purchasing an additional 127 shares during the period. Assetmark Inc. increased its holdings in Stanley Black & Decker by 1.4% during the 3rd quarter. Assetmark Inc. now owns 9,438 shares of the industrial products company’s stock worth $1,039,000 after purchasing an additional 130 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings 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 during the period. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Up 2.7 %

Shares of SWK stock opened at $83.68 on Thursday. Stanley Black & Decker, Inc. has a 1-year low of $77.70 and a 1-year high of $110.88. The stock’s fifty day moving average price is $85.01 and its 200 day moving average price is $92.26. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The company has a market cap of $12.92 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.82 per share. The ex-dividend date is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a yield of 3.92%. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on SWK shares. Barclays cut their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Jefferies Financial Group started coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price target on the stock. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a report on Thursday, December 19th. Wells Fargo & Company cut their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group cut their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $103.00.

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 Storage segment, and Industrial segment.