Blackhawk Capital Partners LLC. Purchases 4,745 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Blackhawk Capital Partners LLC. boosted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 31.2% in the 4th quarter, HoldingsChannel reports. The firm owned 19,970 shares of the industrial products company’s stock after buying an additional 4,745 shares during the period. Blackhawk Capital Partners LLC.’s holdings in Stanley Black & Decker were worth $1,603,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empirical Finance LLC raised its stake in shares of Stanley Black & Decker by 2.1% in the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock valued at $581,000 after acquiring an additional 111 shares during the last quarter. Advisors Management Group Inc. ADV raised its position in Stanley Black & Decker by 3.2% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock valued at $421,000 after purchasing an additional 117 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of Stanley Black & Decker by 0.8% during the third quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock worth $1,740,000 after purchasing an additional 127 shares during the last quarter. Assetmark Inc. increased its stake in shares of Stanley Black & Decker by 1.4% in the third quarter. Assetmark Inc. now owns 9,438 shares of the industrial products company’s stock valued at $1,039,000 after buying an additional 130 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Stanley Black & Decker by 0.7% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company’s stock valued at $1,758,000 after buying an additional 149 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Down 1.3 %

NYSE SWK opened at $86.78 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The company has a market capitalization of $13.40 billion, a PE ratio of 44.73, a P/E/G ratio of 1.33 and a beta of 1.24. The stock has a 50-day simple moving average of $84.41 and a 200 day simple moving average of $92.76.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 3.78%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Citigroup decreased their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Robert W. Baird decreased their price target on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Wells Fargo & Company reduced their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Morgan Stanley lowered their target price on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 30th. Finally, StockNews.com lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $103.00.

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 Storage segment, and Industrial segment.