5,283 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Bought by Systematic Alpha Investments LLC

Systematic Alpha Investments LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 4th quarter, HoldingsChannel reports. The firm purchased 5,283 shares of the industrial products company’s stock, valued at approximately $424,000.

Several other large investors have also made changes to their positions in the business. Americana Partners LLC grew its holdings in shares of Stanley Black & Decker by 180.5% during the 4th quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company’s stock worth $9,064,000 after purchasing an additional 72,637 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Stanley Black & Decker during the fourth quarter worth $1,386,000. Avanza Fonder AB bought a new stake in Stanley Black & Decker in the fourth quarter valued at about $1,287,000. State Street Corp lifted its position in shares of Stanley Black & Decker by 6.5% during the 3rd quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock worth $998,107,000 after buying an additional 549,531 shares during the period. Finally, FMR LLC lifted its holdings in shares of Stanley Black & Decker by 40.8% during the third quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock valued at $101,663,000 after acquiring an additional 267,723 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Thursday, December 19th. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a research report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target on the stock. 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 report on Tuesday, January 7th. Citigroup dropped their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Barclays lowered their price objective on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 26th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $102.20.

Stanley Black & Decker Stock Down 15.9 %

Shares of Stanley Black & Decker stock opened at $64.73 on Friday. Stanley Black & Decker, Inc. has a 1 year low of $61.75 and a 1 year high of $110.88. 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 capitalization of $10.00 billion, a P/E ratio of 33.37, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The business has a 50-day moving average of $84.01 and a two-hundred day moving average of $89.51.

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

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a $0.82 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.07%. Stanley Black & Decker’s payout ratio is 169.07%.

Stanley Black & Decker Company 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.