Rothschild Investment LLC Sells 45,431 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Rothschild Investment LLC trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 97.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,360 shares of the industrial products company's stock after selling 45,431 shares during the period. Rothschild Investment LLC's holdings in Stanley Black & Decker were worth $105,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Americana Partners LLC raised its position in Stanley Black & Decker by 180.5% in the fourth 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 in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in 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 purchasing an additional 269 shares during the period. Wellington Management Group LLP raised its holdings in Stanley Black & Decker by 14.0% in the fourth 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. Sanctuary Advisors LLC raised its holdings in Stanley Black & Decker by 92.2% in the fourth quarter. Sanctuary Advisors LLC now owns 13,117 shares of the industrial products company's stock worth $1,053,000 after purchasing an additional 6,291 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in Stanley Black & Decker by 14.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,697 shares of the industrial products company's stock worth $217,000 after purchasing an additional 337 shares during the period. Institutional investors and hedge funds own 87.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Citigroup dropped their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective on the stock. Robert W. Baird raised their price objective on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a report on Thursday, May 1st. UBS Group dropped their price objective on shares of Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Tuesday, May 13th. Finally, Wells Fargo & Company dropped their price objective on shares of Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $91.10.

Stanley Black & Decker Stock Up 2.2%

SWK stock traded up $1.40 during midday trading on Wednesday, hitting $65.71. The company's stock had a trading volume of 1,901,131 shares, compared to its average volume of 1,946,141. The company's fifty day moving average price is $64.07 and its 200 day moving average price is $77.43. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $110.88. The stock has a market capitalization of $10.17 billion, a P/E ratio of 33.87, a PEG ratio of 1.33 and a beta of 1.19. 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 (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 1.92% and a return on equity of 7.50%. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter last year, the firm posted $0.56 EPS. The company's quarterly revenue was down 3.2% on a year-over-year basis. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Investors of record on Tuesday, June 3rd will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's payout ratio 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.