Entropy Technologies LP Has $622,000 Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Entropy Technologies LP lowered its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 47.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,649 shares of the industrial products company’s stock after selling 5,007 shares during the quarter. Entropy Technologies LP’s holdings in Stanley Black & Decker were worth $622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sei Investments Co. increased its stake in shares of Stanley Black & Decker by 11.0% in the first quarter. Sei Investments Co. now owns 137,385 shares of the industrial products company’s stock valued at $13,454,000 after buying an additional 13,659 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Stanley Black & Decker by 60.9% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 29,455 shares of the industrial products company’s stock valued at $2,353,000 after purchasing an additional 11,151 shares during the period. CANADA LIFE ASSURANCE Co increased its position in Stanley Black & Decker by 6.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 121,614 shares of the industrial products company’s stock valued at $11,920,000 after purchasing an additional 7,826 shares during the period. Russell Investments Group Ltd. increased its position in Stanley Black & Decker by 196.9% during the 1st quarter. Russell Investments Group Ltd. now owns 106,499 shares of the industrial products company’s stock valued at $10,429,000 after purchasing an additional 70,625 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in Stanley Black & Decker by 12.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 77,305 shares of the industrial products company’s stock valued at $6,176,000 after purchasing an additional 8,805 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analysts Set New Price Targets

SWK has been the subject of a number of recent analyst reports. UBS Group increased their target price on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Robert W. Baird decreased their target price on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Morgan Stanley decreased their target price on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of Stanley Black & Decker from $80.00 to $88.00 and gave the stock an “underweight” rating in a research report on Monday, August 5th. Finally, Barclays raised their price objective on shares of Stanley Black & Decker from $96.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $102.29.

Stanley Black & Decker Price Performance

Shares of SWK opened at $85.82 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88. The business’s fifty day moving average is $101.71 and its 200 day moving average is $93.88. The company has a quick ratio of 0.42, a current ratio of 1.29 and a debt-to-equity ratio of 0.63. The stock has a market cap of $13.23 billion, a P/E ratio of -62.64, a P/E/G ratio of 2.35 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.17. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The company had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period last year, the business earned $1.05 EPS. Stanley Black & Decker’s quarterly revenue was down 5.1% compared to the same quarter last year. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 4.13 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend is Friday, November 29th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -239.42%.

About Stanley Black & Decker

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.