Two Sigma Advisers LP Has $12.44 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Two Sigma Advisers LP trimmed its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 54.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 154,900 shares of the industrial products company's stock after selling 183,400 shares during the period. Two Sigma Advisers LP owned approximately 0.10% of Stanley Black & Decker worth $12,437,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Stanley Black & Decker by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company's stock worth $1,540,445,000 after purchasing an additional 495,103 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Stanley Black & Decker by 1.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,413,913 shares of the industrial products company's stock valued at $1,478,454,000 after acquiring an additional 246,800 shares in the last quarter. Capital Research Global Investors grew its stake in Stanley Black & Decker by 126.5% during the 4th quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company's stock valued at $440,424,000 after acquiring an additional 3,063,114 shares in the last quarter. Invesco Ltd. grew its stake in Stanley Black & Decker by 22.6% during the 4th quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock valued at $332,336,000 after acquiring an additional 763,219 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in Stanley Black & Decker by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 3,895,026 shares of the industrial products company's stock valued at $312,732,000 after acquiring an additional 18,778 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Price Performance

NYSE:SWK traded down $0.83 during trading hours on Wednesday, reaching $66.40. The company had a trading volume of 419,671 shares, compared to its average volume of 1,889,743. The stock has a 50-day moving average of $65.50 and a two-hundred day moving average of $78.19. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $110.88. The firm has a market capitalization of $10.27 billion, a PE ratio of 34.26, a PEG ratio of 1.33 and a beta of 1.19. 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 (NYSE:SWK - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The firm had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.73 billion. During the same period in the prior year, the business posted $0.56 earnings per share. The business's revenue was down 3.2% compared to the same quarter last year. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

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 issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.94%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's payout ratio is presently 136.10%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays raised 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. JPMorgan Chase & Co. lowered their target price on 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. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 1st. Robert W. Baird lifted their price target on Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Finally, Citigroup reduced their price target 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $91.10.

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.