Aquatic Capital Management LLC Boosts Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Aquatic Capital Management LLC boosted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 774.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,182 shares of the industrial products company's stock after acquiring an additional 54,182 shares during the period. Aquatic Capital Management LLC's holdings in Stanley Black & Decker were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Americana Partners LLC lifted its position in shares of Stanley Black & Decker by 180.5% during the fourth quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company's stock valued at $9,064,000 after buying an additional 72,637 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in Stanley Black & Decker during the fourth quarter valued at $1,386,000. Avanza Fonder AB purchased a new position in Stanley Black & Decker during the fourth quarter valued at approximately $1,287,000. Franklin Resources Inc. lifted its stake in shares of Stanley Black & Decker by 12.6% in the 3rd quarter. Franklin Resources Inc. now owns 168,099 shares of the industrial products company's stock valued at $18,298,000 after purchasing an additional 18,776 shares during the period. Finally, Cascade Investment Advisors Inc. acquired a new stake in shares of Stanley Black & Decker during the 4th quarter valued at about $1,076,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

NYSE SWK traded up $3.03 during trading hours on Friday, hitting $61.97. The company had a trading volume of 2,156,981 shares, compared to its average volume of 1,814,568. The business has a 50 day moving average of $71.72 and a 200-day moving average of $82.40. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88. The company has a market cap of $9.58 billion, a PE ratio of 31.91, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14.

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

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a $3.28 annualized dividend and a dividend yield of 5.29%. Stanley Black & Decker's dividend payout ratio (DPR) is currently 136.10%.

Analyst Ratings Changes

Several research firms have recently weighed in on SWK. Jefferies Financial Group began coverage on Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price on the stock. UBS Group cut their price target 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 price target on shares of 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. Robert W. Baird lifted their target price on Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, Citigroup decreased their price target on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $95.50.

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.