Stanley Black & Decker, Inc. (NYSE:SWK) Holdings Decreased by Mather Group LLC.

Mather Group LLC. cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 95.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,814 shares of the industrial products company’s stock after selling 133,394 shares during the quarter. Mather Group LLC.’s holdings in Stanley Black & Decker were worth $544,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Arizona State Retirement System lifted its position in shares of Stanley Black & Decker by 0.8% in the fourth quarter. Arizona State Retirement System now owns 42,113 shares of the industrial products company’s stock worth $4,131,000 after purchasing an additional 333 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Stanley Black & Decker by 34.5% during the fourth quarter. Private Trust Co. NA now owns 2,497 shares of the industrial products company’s stock worth $245,000 after buying an additional 641 shares during the last quarter. Asset Management One Co. Ltd. grew its position in Stanley Black & Decker by 14.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 83,741 shares of the industrial products company’s stock worth $8,289,000 after purchasing an additional 10,424 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its stake in Stanley Black & Decker by 0.3% during the fourth quarter. Chevy Chase Trust Holdings LLC now owns 86,606 shares of the industrial products company’s stock valued at $8,496,000 after acquiring an additional 250 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of Stanley Black & Decker by 9,029.0% in the fourth quarter. International Assets Investment Management LLC now owns 421,304 shares of the industrial products company’s stock valued at $41,330,000 after purchasing an additional 416,689 shares in the last quarter. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK traded up $0.54 during midday trading on Tuesday, reaching $96.25. The stock had a trading volume of 1,176,359 shares, compared to its average volume of 1,490,154. The company has a current ratio of 1.27, a quick ratio of 0.40 and a debt-to-equity ratio of 0.64. The firm has a 50 day simple moving average of $86.45 and a 200-day simple moving average of $89.33. The firm has a market cap of $14.81 billion, a PE ratio of -139.51, a P/E/G ratio of 2.68 and a beta of 1.25. Stanley Black & Decker, Inc. has a one year low of $76.26 and a one year high of $108.15.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.25. Stanley Black & Decker had a positive return on equity of 6.06% and a negative net margin of 1.87%. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.02 billion. During the same quarter last year, the company earned ($0.11) earnings per share. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 4.09 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.41%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.81. The ex-dividend date is Tuesday, September 3rd. Stanley Black & Decker’s dividend payout ratio is presently -475.36%.

Insider Activity

In related news, SVP Janet Link sold 13,520 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $103.91, for a total value of $1,404,863.20. Following the sale, the senior vice president now directly owns 31,960 shares of the company’s stock, valued at $3,320,963.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on SWK shares. Barclays raised their target price on Stanley Black & Decker from $86.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Robert W. Baird boosted their price target on shares of Stanley Black & Decker from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Monday, July 29th. JPMorgan Chase & Co. upped their price target on Stanley Black & Decker from $80.00 to $88.00 and gave the company an “underweight” rating in a research note on Monday. UBS Group boosted their target price on Stanley Black & Decker from $110.00 to $121.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Finally, Wells Fargo & Company boosted their price objective on shares of Stanley Black & Decker from $85.00 to $110.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $100.13.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.