Centiva Capital LP Makes New Investment in Stanley Black & Decker, Inc. (NYSE:SWK)

Centiva Capital LP purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,553 shares of the industrial products company's stock, valued at approximately $366,000.

Other large investors also recently modified their holdings of the company. Barclays PLC boosted its holdings in shares of Stanley Black & Decker by 30.9% in the 3rd quarter. Barclays PLC now owns 427,337 shares of the industrial products company's stock worth $47,061,000 after acquiring an additional 100,894 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Stanley Black & Decker by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 177,100 shares of the industrial products company's stock worth $19,504,000 after acquiring an additional 5,493 shares in the last quarter. Nordea Investment Management AB boosted its holdings in shares of Stanley Black & Decker by 9.5% in the 4th quarter. Nordea Investment Management AB now owns 13,167 shares of the industrial products company's stock worth $1,063,000 after acquiring an additional 1,142 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of Stanley Black & Decker by 68.9% in the 4th quarter. ORG Partners LLC now owns 1,902 shares of the industrial products company's stock worth $153,000 after acquiring an additional 776 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Stanley Black & Decker by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 78,734 shares of the industrial products company's stock worth $6,322,000 after acquiring an additional 204 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Trading Up 1.0%

Shares of SWK stock traded up $0.72 during trading hours on Friday, reaching $71.42. The company had a trading volume of 2,275,722 shares, compared to its average volume of 1,865,346. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88. The company has a 50 day moving average of $67.40 and a 200 day moving average of $79.43. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 36.81, a P/E/G ratio of 1.33 and a beta of 1.19.

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 EPS for the quarter, beating 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 business had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.73 billion. During the same quarter in the prior year, the company earned $0.56 EPS. The firm's quarterly revenue was down 3.2% on a year-over-year basis. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio is currently 136.10%.

Analyst Ratings Changes

SWK has been the topic of a number of recent research reports. Robert W. Baird increased their price objective on Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Barclays upgraded Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $69.00 to $90.00 in a research report on Tuesday. Citigroup decreased their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Jefferies Financial Group initiated coverage on Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price objective on the stock. Finally, Wells Fargo & Company decreased their price objective on Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $91.10.

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.