Two Sigma Investments LP Has $2.89 Million Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Two Sigma Investments LP trimmed its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 43.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,038 shares of the industrial products company's stock after selling 27,164 shares during the quarter. Two Sigma Investments LP's holdings in Stanley Black & Decker were worth $2,893,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SWK. Americana Partners LLC increased its position in shares of Stanley Black & Decker by 180.5% in the 4th 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 during the last quarter. Barclays PLC lifted its holdings in Stanley Black & Decker by 30.9% in the third quarter. Barclays PLC now owns 427,337 shares of the industrial products company's stock worth $47,061,000 after acquiring an additional 100,894 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Stanley Black & Decker by 107.1% in the fourth 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 acquiring an additional 71,751 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its stake 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 valued at $5,777,000 after acquiring an additional 269 shares during the period. Finally, Wellington Management Group LLP grew its holdings 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 valued at $777,000 after purchasing an additional 1,188 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Analyst Ratings Changes

SWK has been the topic of several recent research reports. UBS Group cut their price target on Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating on the stock in a report on Tuesday, May 13th. Barclays upgraded shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $69.00 to $90.00 in a research report on Tuesday, May 13th. Citigroup cut 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 research report on Thursday, February 6th. Wells Fargo & Company cut their price target on 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. Finally, JPMorgan Chase & Co. reduced their price objective on Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating for the company in a research report on Monday, May 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $91.10.

Stanley Black & Decker Price Performance

NYSE SWK traded up $1.35 on Wednesday, reaching $65.66. The company's stock had a trading volume of 304,574 shares, compared to its average volume of 1,939,922. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $110.88. The firm's 50 day moving average is $64.07 and its two-hundred day moving average is $77.43. The stock has a market cap of $10.16 billion, a PE ratio of 33.90, a PEG ratio of 1.33 and a beta of 1.19. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, April 30th. The industrial products company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.68 by $0.07. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. Stanley Black & Decker's revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 earnings per share. As a group, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 5.00%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio (DPR) is currently 136.10%.

About Stanley Black & Decker

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.