Schroder Investment Management Group Sells 18,834 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Schroder Investment Management Group decreased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 2.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 782,152 shares of the industrial products company’s stock after selling 18,834 shares during the period. Schroder Investment Management Group’s holdings in Stanley Black & Decker were worth $62,799,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SWK. Thrivent Financial for Lutherans increased its stake in Stanley Black & Decker by 29.8% in the third 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 in the last quarter. FMR LLC grew its holdings in shares of Stanley Black & Decker by 40.8% in the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock valued at $101,663,000 after buying an additional 267,723 shares during the period. Glenmede Trust Co. NA increased its position in shares of Stanley Black & Decker by 7.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 9,700 shares of the industrial products company’s stock valued at $1,068,000 after buying an additional 639 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Stanley Black & Decker by 1.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 80,412 shares of the industrial products company’s stock worth $8,856,000 after buying an additional 1,518 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in Stanley Black & Decker by 13.6% in the third quarter. Public Sector Pension Investment Board now owns 6,682 shares of the industrial products company’s stock valued at $736,000 after acquiring an additional 800 shares during the period. 87.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on SWK shares. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research report on Thursday, December 19th. Wells Fargo & Company lowered their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a “buy” rating and a $103.00 price objective on the stock. Barclays dropped their price target on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. Finally, UBS Group decreased their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Trading Up 0.7 %

SWK opened at $76.94 on Tuesday. The company’s 50 day moving average price is $84.88 and its two-hundred day moving average price is $89.95. The firm has a market capitalization of $11.89 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 1.33 and a beta of 1.25. Stanley Black & Decker, Inc. has a fifty-two week low of $74.31 and a fifty-two week high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37.

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

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend was Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is 169.07%.

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 Outdoor and Industrial segments.