Bearing Point Capital LLC Invests $1.23 Million in Stanley Black & Decker, Inc. (NYSE:SWK)

Bearing Point Capital LLC acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 15,293 shares of the industrial products company's stock, valued at approximately $1,228,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ridgewood Investments LLC bought a new position in shares of Stanley Black & Decker during the fourth quarter valued at approximately $36,000. Cape Investment Advisory Inc. boosted its position in 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 valued at $37,000 after acquiring an additional 237 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of Stanley Black & Decker in the 4th quarter valued at $40,000. SRS Capital Advisors Inc. raised its position in shares of Stanley Black & Decker by 61.8% in the 4th 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 in the last quarter. Finally, Montag A & Associates Inc. bought a new stake in Stanley Black & Decker during the fourth quarter valued at about $44,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $61.43 on Friday. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $110.88. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The firm has a market cap of $9.49 billion, a P/E ratio of 31.67, a P/E/G ratio of 1.33 and a beta of 1.14. The business's 50 day moving average price is $71.19 and its 200 day moving average price is $81.92.

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

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 5.34%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio is currently 136.10%.

Wall Street Analyst Weigh In

SWK has been the subject of several analyst reports. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. Citigroup lowered their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Robert W. Baird upped their price target on Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday. Barclays lowered their price objective on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 26th. Finally, Wells Fargo & Company decreased their price target on Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $95.50.

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.

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