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Universal Beteiligungs und Servicegesellschaft mbH Acquires New Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Stanley Black & Decker logo with Industrials background

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 131,410 shares of the industrial products company's stock, valued at approximately $10,551,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of Stanley Black & Decker at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cape Investment Advisory Inc. grew its holdings in Stanley Black & Decker by 107.2% in the fourth 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 during the period. Millstone Evans Group LLC bought a new stake in shares of Stanley Black & Decker in the 4th quarter worth approximately $40,000. SRS Capital Advisors Inc. grew its stake 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 buying an additional 199 shares during the last quarter. Montag A & Associates Inc. purchased a new position in Stanley Black & Decker during the fourth quarter valued at $44,000. Finally, Crews Bank & Trust bought a new stake in Stanley Black & Decker in the fourth quarter worth $49,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Trading Up 2.2%

NYSE:SWK traded up $1.40 during mid-day trading on Wednesday, hitting $65.71. 1,901,131 shares of the stock traded hands, compared to its average volume of 1,945,179. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $110.88. The stock has a market capitalization of $10.17 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 1.33 and a beta of 1.19. The firm's 50 day moving average is $63.85 and its two-hundred day moving average is $77.35.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Stanley Black & Decker's revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 EPS. On average, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed 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. This represents a $3.28 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio (DPR) is presently 136.10%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group lowered their price target on 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. 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. JPMorgan Chase & Co. dropped their target price on shares of Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating on the stock in a research note on Monday, May 5th. Robert W. Baird raised their price target on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Finally, Citigroup decreased their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $91.10.

Check Out Our Latest Stock Analysis on Stanley Black & Decker

About Stanley Black & Decker

(Free Report)

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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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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