Universal Beteiligungs und Servicegesellschaft mbH Increases Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 25.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 164,848 shares of the industrial products company's stock after buying an additional 33,438 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Stanley Black & Decker worth $12,674,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. 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 valued at $1,540,445,000 after purchasing an additional 495,103 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Stanley Black & Decker by 1.4% in 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 purchasing an additional 246,800 shares in the last quarter. Capital Research Global Investors increased its stake in Stanley Black & Decker by 126.5% in 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 purchasing an additional 3,063,114 shares in the last quarter. Invesco Ltd. increased its stake in Stanley Black & Decker by 22.6% in the 4th quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock valued at $332,336,000 after purchasing an additional 763,219 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Stanley Black & Decker by 0.5% in 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 purchasing an additional 18,778 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Up 0.7%

Shares of SWK stock traded up $0.52 during mid-day trading on Monday, hitting $74.42. 704,307 shares of the company's stock were exchanged, compared to its average volume of 2,412,508. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The stock has a 50-day simple moving average of $68.37 and a two-hundred day simple moving average of $73.38. The company has a quick ratio of 0.36, a current ratio of 1.10 and a debt-to-equity ratio of 0.54. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 1.44 and a beta of 1.18.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last issued its 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 7.85% and a net margin of 2.40%. The firm had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.73 billion. During the same quarter last year, the firm earned $0.56 earnings per share. The firm's revenue for the quarter was down 3.2% compared to the same quarter last year. Equities analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.83 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $3.32 dividend on an annualized basis and a yield of 4.46%. This is a boost from Stanley Black & Decker's previous quarterly dividend of $0.82. Stanley Black & Decker's dividend payout ratio (DPR) is presently 136.10%.

Analyst Ratings Changes

SWK has been the topic of a number of analyst reports. Wall Street Zen cut Stanley Black & Decker from a "buy" rating to a "hold" rating in a report on Saturday. Wells Fargo & Company increased their target price on Stanley Black & Decker from $60.00 to $70.00 and gave the company an "equal weight" rating in a report on Tuesday, July 1st. Barclays upgraded Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $69.00 to $90.00 in a report on Tuesday, May 13th. Wolfe Research upgraded Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a report on Tuesday, July 8th. Finally, Robert W. Baird increased their target price on Stanley Black & Decker from $65.00 to $78.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of "Hold" and an average price target of $93.40.

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.