Dimensional Fund Advisors LP Has $162.14 Million Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Dimensional Fund Advisors LP grew its position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 15.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,019,460 shares of the industrial products company's stock after purchasing an additional 277,352 shares during the period. Dimensional Fund Advisors LP owned about 1.31% of Stanley Black & Decker worth $162,139,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SWK. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker during the fourth quarter worth $36,000. Cape Investment Advisory Inc. increased its holdings 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 worth $37,000 after purchasing an additional 237 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in shares of Stanley Black & Decker in the 4th quarter valued at about $40,000. SRS Capital Advisors Inc. lifted its holdings in shares of 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 valued at $42,000 after purchasing an additional 199 shares in the last quarter. Finally, Montag A & Associates Inc. acquired a new position in shares of Stanley Black & Decker during the fourth quarter worth about $44,000. Institutional investors own 87.77% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company dropped their target price on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group started coverage on shares of 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. UBS Group decreased 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 research report on Friday, February 7th. Citigroup decreased their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. Finally, Barclays lowered their target price on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 26th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker has a consensus rating of "Hold" and an average price target of $102.20.

Stanley Black & Decker Stock Performance

NYSE SWK traded down $1.32 during trading on Wednesday, reaching $59.94. 7,190,752 shares of the company's stock were exchanged, compared to its average volume of 1,807,004. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The stock has a market capitalization of $9.26 billion, a P/E ratio of 30.90, a PEG ratio of 1.33 and a beta of 1.14. The business has a 50 day moving average price of $72.28 and a 200-day moving average price of $82.75. 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 (NYSE:SWK - Get Free Report) last posted its quarterly earnings results 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. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The business had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.73 billion. During the same quarter in the prior year, the business earned $0.56 EPS. The firm's revenue for the quarter was down 3.2% on a year-over-year basis. Sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal 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 paid a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a yield of 5.47%. Stanley Black & Decker's dividend payout ratio (DPR) is currently 169.07%.

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.