Brooks Moore & Associates Inc. bought a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,240 shares of the industrial products company’s stock, valued at approximately $1,346,000.

A number of other hedge funds have also modified their holdings of the business. Advisors Asset Management Inc. grew its stake in Stanley Black & Decker by 20.6% during the second quarter. Advisors Asset Management Inc. now owns 23,716 shares of the industrial products company’s stock worth $3,150,000 after buying an additional 4,051 shares during the period. Schroder Investment Management Group grew its stake in Stanley Black & Decker by 51.4% during the second quarter. Schroder Investment Management Group now owns 36,626 shares of the industrial products company’s stock worth $4,919,000 after buying an additional 12,430 shares during the period. Bank of Montreal Can grew its stake in Stanley Black & Decker by 27.4% during the third quarter. Bank of Montreal Can now owns 232,728 shares of the industrial products company’s stock worth $34,079,000 after buying an additional 49,988 shares during the period. First Hawaiian Bank purchased a new stake in Stanley Black & Decker during the third quarter worth approximately $416,000. Finally, Aperio Group LLC boosted its stake in shares of Stanley Black & Decker by 8.2% in the third quarter. Aperio Group LLC now owns 109,290 shares of the industrial products company’s stock valued at $16,004,000 after purchasing an additional 8,269 shares during the period. Institutional investors and hedge funds own 86.86% of the company’s stock.

In other Stanley Black & Decker news, SVP Jaime A. Ramirez sold 600 shares of the stock in a transaction on Thursday, January 24th. The shares were sold at an average price of $118.69, for a total transaction of $71,214.00. Following the transaction, the senior vice president now directly owns 35,048 shares in the company, valued at approximately $4,159,847.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.69% of the company’s stock.

Shares of SWK stock opened at $133.08 on Friday. The firm has a market capitalization of $20.09 billion, a PE ratio of 16.33, a PEG ratio of 1.56 and a beta of 1.24. The company has a quick ratio of 0.56, a current ratio of 1.16 and a debt-to-equity ratio of 0.48. Stanley Black & Decker, Inc. has a twelve month low of $106.41 and a twelve month high of $164.94.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Tuesday, January 22nd. The industrial products company reported $2.11 EPS for the quarter, beating the Zacks’ consensus estimate of $2.10 by $0.01. Stanley Black & Decker had a net margin of 4.62% and a return on equity of 16.29%. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.62 billion. During the same period in the prior year, the firm posted $2.18 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year. On average, research analysts predict that Stanley Black & Decker, Inc. will post 8.56 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 5th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, March 4th. This represents a $2.64 dividend on an annualized basis and a yield of 1.98%. Stanley Black & Decker’s dividend payout ratio (DPR) is 32.39%.

Several research analysts have recently weighed in on SWK shares. Macquarie set a $140.00 target price on shares of Stanley Black & Decker and gave the company a “buy” rating in a research note on Tuesday, October 30th. ValuEngine upgraded shares of Stanley Black & Decker from a “sell” rating to a “hold” rating in a research note on Friday, November 16th. Raymond James restated a “hold” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 23rd. Deutsche Bank started coverage on shares of Stanley Black & Decker in a research note on Wednesday, November 7th. They issued a “hold” rating and a $136.00 target price for the company. Finally, Gabelli upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $155.00 target price for the company in a research note on Monday, October 22nd. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $156.53.

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About Stanley Black & Decker

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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