Stanley Black & Decker, Inc. $SWK Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC decreased its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 42.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,113 shares of the industrial products company’s stock after selling 3,771 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Stanley Black & Decker were worth $346,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC grew its position in shares of 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 during the period. 1248 Management LLC purchased a new position in shares of Stanley Black & Decker in the first quarter worth about $26,000. Princeton Global Asset Management LLC purchased a new position in shares of Stanley Black & Decker in the second quarter worth about $25,000. TD Private Client Wealth LLC boosted its holdings in shares of Stanley Black & Decker by 830.4% during the 1st quarter. TD Private Client Wealth LLC now owns 428 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 382 shares during the last quarter. Finally, Garde Capital Inc. boosted its holdings in shares of Stanley Black & Decker by 160.5% during the 2nd quarter. Garde Capital Inc. now owns 521 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 321 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $68.55 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.04 and a quick ratio of 0.34. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 1.46 and a beta of 1.19. The company’s 50-day moving average is $73.44 and its two-hundred day moving average is $69.41. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $96.75.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share for the quarter. The company had revenue of $3.72 billion for the quarter. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on SWK. Morgan Stanley restated a “positive” rating and set a $80.00 target price on shares of Stanley Black & Decker in a report on Tuesday, October 14th. Wells Fargo & Company boosted their target price on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, October 8th. The Goldman Sachs Group restated a “neutral” rating and set a $80.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 30th. Finally, Wolfe Research upgraded shares of Stanley Black & Decker from an “underperform” rating to a “peer perform” rating in a report on Tuesday, July 8th. Six equities research 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, the company presently has a consensus rating of “Hold” and an average price target of $88.10.

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.