Landscape Capital Management L.L.C. Has $916,000 Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Landscape Capital Management L.L.C. raised its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 15.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,413 shares of the industrial products company’s stock after buying an additional 1,508 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Stanley Black & Decker were worth $916,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC increased its stake in Stanley Black & Decker by 22.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,985 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 360 shares in the last quarter. Allen Wealth Management LLC grew its holdings in shares of Stanley Black & Decker by 3.5% in the 4th quarter. Allen Wealth Management LLC now owns 17,780 shares of the industrial products company’s stock valued at $1,428,000 after buying an additional 601 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Stanley Black & Decker by 4.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,098,469 shares of the industrial products company’s stock worth $248,776,000 after buying an additional 129,614 shares during the period. Geode Capital Management LLC lifted its holdings in Stanley Black & Decker by 4.9% during the fourth quarter. Geode Capital Management LLC now owns 3,755,653 shares of the industrial products company’s stock worth $300,756,000 after acquiring an additional 175,801 shares in the last quarter. Finally, Diametric Capital LP acquired a new position in Stanley Black & Decker in the fourth quarter valued at about $240,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SWK has been the topic of a number of research analyst reports. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Thursday, December 19th. Wells Fargo & Company cut their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective on the stock. UBS Group cut their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Finally, 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. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $102.20.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $62.78 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. The stock has a 50 day moving average price of $83.50 and a 200 day moving average price of $89.14. The stock has a market capitalization of $9.70 billion, a PE ratio of 32.36, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. Stanley Black & Decker, Inc. has a 52 week low of $57.77 and a 52 week high of $110.88.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating 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%. Analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were paid a $0.82 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 5.23%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 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.