Universal Beteiligungs und Servicegesellschaft mbH Acquires 11,256 Shares of Stanley Black & Decker, Inc. $SWK

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 6.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 176,104 shares of the industrial products company’s stock after buying an additional 11,256 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Stanley Black & Decker were worth $11,931,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SWK. 1248 Management LLC bought a new position in shares of Stanley Black & Decker in the 1st quarter worth $26,000. Princeton Global Asset Management LLC purchased a new position in Stanley Black & Decker in the second quarter valued at about $25,000. Garde Capital Inc. raised its holdings in Stanley Black & Decker by 160.5% in the second quarter. Garde Capital Inc. now owns 521 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 321 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Stanley Black & Decker by 87.5% during the second quarter. SBI Securities Co. Ltd. now owns 583 shares of the industrial products company’s stock valued at $39,000 after buying an additional 272 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of Stanley Black & Decker by 63.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 594 shares of the industrial products company’s stock worth $40,000 after buying an additional 231 shares during the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SWK. The Goldman Sachs Group reissued a “neutral” rating and set a $80.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 30th. Morgan Stanley reiterated a “positive” rating and set a $80.00 price objective on shares of Stanley Black & Decker in a report on Tuesday, October 14th. Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Jefferies Financial Group set a $86.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a research note on Monday, August 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and a consensus price target of $88.10.

Stanley Black & Decker Price Performance

NYSE SWK opened at $62.19 on Thursday. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 1.46 and a beta of 1.21. 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 stock’s fifty day moving average price is $70.90 and its 200 day moving average price is $70.19. Stanley Black & Decker, Inc. has a 1 year low of $53.91 and a 1 year high of $93.63.

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

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 5.3%. The ex-dividend date is Monday, December 1st. Stanley Black & Decker’s payout ratio is presently 114.88%.

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 Outdoor and Industrial segments.