Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 24.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,925 shares of the industrial products company's stock after purchasing an additional 8,728 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Stanley Black & Decker were worth $3,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ridgewood Investments LLC purchased a new position in Stanley Black & Decker during the fourth quarter worth approximately $36,000. Cape Investment Advisory Inc. raised its holdings in shares of Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock worth $37,000 after acquiring an additional 237 shares during the period. Millstone Evans Group LLC acquired a new stake in Stanley Black & Decker during the fourth quarter worth about $40,000. SRS Capital Advisors Inc. grew its position in Stanley Black & Decker by 61.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock worth $42,000 after acquiring an additional 199 shares during the period. Finally, Montag A & Associates Inc. purchased a new position in Stanley Black & Decker during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Stanley Black & Decker Stock Down 2.2 %

SWK stock traded down $1.32 during midday trading on Wednesday, reaching $59.94. 7,190,752 shares of the company were exchanged, compared to its average volume of 1,810,306. 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 $9.26 billion, a price-to-earnings ratio of 30.90, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. 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's 50-day simple moving average is $72.84 and its 200 day simple moving average is $82.90.

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

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio is currently 169.07%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SWK. Barclays cut their price objective on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. UBS Group lowered their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Citigroup cut their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company reduced their target price 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, Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a research note on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price target for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $102.20.

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.