111 Capital Takes $313,000 Position in Stanley Black & Decker, Inc. (NYSE:SWK)

111 Capital acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,899 shares of the industrial products company's stock, valued at approximately $313,000.

Other large investors also recently added to or reduced their stakes in the company. Americana Partners LLC lifted its position in shares of Stanley Black & Decker by 180.5% in the 4th quarter. Americana Partners LLC now owns 112,889 shares of the industrial products company's stock worth $9,064,000 after purchasing an additional 72,637 shares during the period. Barclays PLC lifted its position 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 purchasing an additional 100,894 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Stanley Black & Decker by 107.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 138,772 shares of the industrial products company's stock worth $11,142,000 after purchasing an additional 71,751 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Stanley Black & Decker by 0.4% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 71,949 shares of the industrial products company's stock worth $5,777,000 after purchasing an additional 269 shares during the period. Finally, Wellington Management Group LLP lifted its position in shares of Stanley Black & Decker by 14.0% in the 4th quarter. Wellington Management Group LLP now owns 9,673 shares of the industrial products company's stock worth $777,000 after purchasing an additional 1,188 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. UBS Group lowered their price target on shares of Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. JPMorgan Chase & Co. reduced their price objective on shares of Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating for the company in a research note on Monday, May 5th. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a research note on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. Barclays upgraded shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $69.00 to $90.00 in a research note on Tuesday, May 13th. Finally, Robert W. Baird boosted their price objective on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Stanley Black & Decker has an average rating of "Hold" and an average price target of $91.10.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock traded up $0.41 during mid-day trading on Tuesday, reaching $64.36. 1,801,853 shares of the company traded hands, compared to its average volume of 1,946,321. 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 fifty-two week low of $53.91 and a fifty-two week high of $110.88. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 33.18, a price-to-earnings-growth ratio of 1.33 and a beta of 1.19. The firm's fifty day moving average is $64.07 and its two-hundred day moving average is $77.43.

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 (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 for the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the prior year, the business posted $0.56 EPS. Stanley Black & Decker's revenue for the quarter was down 3.2% compared to the same quarter last year. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be issued a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 5.10%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio (DPR) is currently 136.10%.

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.