Oxford Asset Management LLP Acquires Shares of 4,194 Stanley Black & Decker, Inc. (NYSE:SWK)

Oxford Asset Management LLP acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,194 shares of the industrial products company's stock, valued at approximately $337,000.

Other institutional investors also recently bought and sold shares of the company. Capital Research Global Investors raised its position in shares of Stanley Black & Decker by 126.5% in the 4th quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company's stock worth $440,424,000 after acquiring an additional 3,063,114 shares in the last quarter. Norges Bank bought a new position in Stanley Black & Decker in the fourth quarter worth about $117,231,000. Invesco Ltd. raised its holdings in Stanley Black & Decker by 22.6% in the fourth quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock worth $332,336,000 after purchasing an additional 763,219 shares in the last quarter. Marshall Wace LLP raised its holdings in Stanley Black & Decker by 7,765.7% in the fourth quarter. Marshall Wace LLP now owns 582,535 shares of the industrial products company's stock worth $46,772,000 after purchasing an additional 575,129 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Stanley Black & Decker by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company's stock worth $1,540,445,000 after purchasing an additional 495,103 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SWK has been the subject of a number of recent research reports. UBS Group reduced 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 report on Friday, February 7th. Barclays reduced their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. 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. Wells Fargo & Company cut their price objective on shares of 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. Finally, Citigroup cut 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $102.20.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock traded down $1.32 during mid-day trading on Wednesday, hitting $59.94. The company had a trading volume of 7,190,752 shares, compared to its average volume of 1,807,002. 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 $53.91 and a 12-month high of $110.88. The company's fifty day moving average is $72.84 and its 200-day moving average is $82.90. The company has a market capitalization of $9.26 billion, a price-to-earnings ratio of 30.90, a P/E/G ratio of 1.33 and a beta of 1.14.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter last year, the firm posted $0.56 EPS. The business's revenue was down 3.2% on a year-over-year basis. Equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.47%. Stanley Black & Decker's dividend payout ratio (DPR) is 169.07%.

About Stanley Black & Decker

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.