Aberdeen Group plc grew its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 8.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 146,012 shares of the industrial products company's stock after purchasing an additional 11,344 shares during the quarter. Aberdeen Group plc owned about 0.09% of Stanley Black & Decker worth $9,892,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. JB Capital LLC boosted its stake in shares of Stanley Black & Decker by 12.6% during the 2nd quarter. JB Capital LLC now owns 6,571 shares of the industrial products company's stock worth $445,000 after acquiring an additional 735 shares during the period. Allen Wealth Management LLC boosted its stake in shares of Stanley Black & Decker by 0.9% during the 2nd quarter. Allen Wealth Management LLC now owns 18,659 shares of the industrial products company's stock worth $1,264,000 after acquiring an additional 160 shares during the period. Blue Trust Inc. boosted its stake in shares of Stanley Black & Decker by 22.4% during the 2nd quarter. Blue Trust Inc. now owns 1,114 shares of the industrial products company's stock worth $75,000 after acquiring an additional 204 shares during the period. Vontobel Holding Ltd. boosted its stake in shares of Stanley Black & Decker by 20.6% during the 2nd quarter. Vontobel Holding Ltd. now owns 5,421 shares of the industrial products company's stock worth $367,000 after acquiring an additional 927 shares during the period. Finally, Godsey & Gibb Inc. boosted its stake in shares of Stanley Black & Decker by 8.5% during the 2nd quarter. Godsey & Gibb Inc. now owns 185,340 shares of the industrial products company's stock worth $12,557,000 after acquiring an additional 14,460 shares during the period. Institutional investors and hedge funds own 87.77% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Wells Fargo & Company lifted their target price on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an "equal weight" rating in a research note on Monday, October 6th. Wolfe Research upgraded Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a research note on Tuesday, July 8th. Robert W. Baird boosted their price target on Stanley Black & Decker from $65.00 to $78.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Wall Street Zen upgraded Stanley Black & Decker from a "hold" rating to a "buy" rating in a research note on Saturday, October 11th. Finally, Barclays reduced their price target on Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $88.10.
Read Our Latest Stock Report on SWK
Stanley Black & Decker Stock Performance
NYSE:SWK opened at $67.70 on Thursday. The stock has a fifty day moving average price of $74.10 and a 200-day moving average price of $68.98. The company has a market cap of $10.48 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.40 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.34 and a current ratio of 1.04. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $108.48.
Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share for the quarter. The firm had revenue of $3.72 billion during the quarter. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.
Stanley Black & Decker Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, September 2nd. This is a positive change from Stanley Black & Decker's previous quarterly dividend of $0.82. Stanley Black & Decker's dividend payout ratio is currently 105.40%.
Stanley Black & Decker Company Profile
(
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.
Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Stanley Black & Decker, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Stanley Black & Decker wasn't on the list.
While Stanley Black & Decker currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.