Farther Finance Advisors LLC Has $176,000 Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Farther Finance Advisors LLC lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 72.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,187 shares of the industrial products company’s stock after buying an additional 916 shares during the period. Farther Finance Advisors LLC’s holdings in Stanley Black & Decker were worth $176,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SWK. Victory Capital Management Inc. boosted its stake in shares of Stanley Black & Decker by 20.3% during the 3rd quarter. Victory Capital Management Inc. now owns 125,250 shares of the industrial products company’s stock worth $13,794,000 after buying an additional 21,120 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Stanley Black & Decker by 0.8% in the 3rd quarter. CIBC Asset Management Inc now owns 22,593 shares of the industrial products company’s stock valued at $2,488,000 after purchasing an additional 174 shares during the last quarter. Natixis Advisors LLC lifted its stake in Stanley Black & Decker by 25.9% in the 3rd quarter. Natixis Advisors LLC now owns 115,419 shares of the industrial products company’s stock valued at $12,711,000 after purchasing an additional 23,723 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Stanley Black & Decker by 29.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,424 shares of the industrial products company’s stock valued at $927,000 after purchasing an additional 1,933 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Stanley Black & Decker by 0.3% in the 3rd quarter. Swiss National Bank now owns 456,635 shares of the industrial products company’s stock valued at $50,289,000 after purchasing an additional 1,300 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Up 1.0 %

Shares of SWK opened at $82.14 on Thursday. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The firm’s 50 day moving average is $85.46 and its 200-day moving average is $91.10. The stock has a market capitalization of $12.69 billion, a PE ratio of 42.34, a P/E/G ratio of 1.33 and a beta of 1.25. 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 (NYSE:SWK) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were issued a dividend of $0.82 per share. The ex-dividend date was Tuesday, March 4th. This represents a $3.28 annualized dividend and a dividend yield of 3.99%. Stanley Black & Decker’s dividend payout ratio is presently 169.07%.

Analysts Set New Price Targets

SWK has been the subject of several recent analyst reports. UBS Group cut their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. Citigroup cut their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price target on the stock. Finally, Barclays lowered their price target on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $103.00.

Stanley Black & Decker Company 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.