Kera Capital Partners Inc. Invests $310,000 in Stanley Black & Decker, Inc. (NYSE:SWK)

Kera Capital Partners Inc. acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,038 shares of the industrial products company's stock, valued at approximately $310,000.

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

Analyst Upgrades and Downgrades

SWK has been the subject of a number of research analyst reports. UBS Group reduced their target price on Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating for the company in a research note on Tuesday, May 13th. Robert W. Baird raised their price objective on Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Citigroup decreased their target price 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. JPMorgan Chase & Co. cut their price target on shares of Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating on the stock in a report on Monday, May 5th. Finally, Barclays raised shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $69.00 to $90.00 in a research report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Stanley Black & Decker presently has an average rating of "Hold" and an average price target of $91.10.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock traded down $1.16 during mid-day trading on Friday, hitting $65.37. The company had a trading volume of 11,572,426 shares, compared to its average volume of 1,942,325. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 33.70, a P/E/G ratio of 1.33 and a beta of 1.19. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $110.88. The company's fifty day moving average is $64.63 and its 200-day moving average is $77.79. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results 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. The firm had revenue of $3.74 billion for 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%. The company's quarterly revenue was down 3.2% on a year-over-year basis. During the same period last year, the firm earned $0.56 EPS. Equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.02%. Stanley Black & Decker's dividend payout ratio (DPR) is 136.10%.

Stanley Black & Decker Company 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.