Revisor Wealth Management LLC Invests $286,000 in Stanley Black & Decker, Inc. (NYSE:SWK)

Revisor Wealth Management LLC purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,723 shares of the industrial products company's stock, valued at approximately $286,000.

Several other hedge funds have also recently bought and sold shares of the business. Golden State Wealth Management LLC increased its holdings in shares of Stanley Black & Decker by 1,138.5% in the 1st quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 296 shares during the period. Hanson & Doremus Investment Management purchased a new position in Stanley Black & Decker during the first quarter valued at approximately $31,000. Millstone Evans Group LLC acquired a new position in Stanley Black & Decker in the 4th quarter valued at approximately $40,000. SRS Capital Advisors Inc. lifted its position in 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 in the last quarter. Finally, CX Institutional acquired a new stake in shares of Stanley Black & Decker during the 1st quarter valued at $43,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $71.17 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.10 and a quick ratio of 0.36. The stock has a market cap of $11.01 billion, a P/E ratio of 29.53, a PEG ratio of 1.37 and a beta of 1.18. The company has a fifty day moving average price of $65.98 and a 200 day moving average price of $74.50. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $110.88.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings data 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. Stanley Black & Decker had a net margin of 2.40% and a return on equity of 7.85%. The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.73 billion. During the same quarter in the prior year, the business earned $0.56 earnings per share. The firm's revenue for the quarter was down 3.2% on a year-over-year basis. Analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd were paid a $0.82 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.61%. Stanley Black & Decker's payout ratio is 136.10%.

Wall Street Analyst Weigh In

SWK has been the subject of several recent research reports. Wells Fargo & Company increased their price objective on Stanley Black & Decker from $60.00 to $70.00 and gave the stock an "equal weight" rating in a report on Tuesday. Robert W. Baird upped their target price on Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. UBS Group reduced their price target on Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating for the company in a report on Tuesday, May 13th. JPMorgan Chase & Co. dropped their price objective on 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 upgraded shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $69.00 to $90.00 in a research note on Tuesday, May 13th. One investment 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. Based on data from MarketBeat, Stanley Black & Decker presently has a consensus rating of "Hold" and a consensus target price of $92.10.

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.

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