Stanley Black & Decker, Inc. (NYSE:SWK) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 13.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,279 shares of the industrial products company's stock after purchasing an additional 10,950 shares during the period. Yousif Capital Management LLC owned 0.06% of Stanley Black & Decker worth $7,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the business. Cape Investment Advisory Inc. boosted its holdings in shares of Stanley Black & Decker by 107.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 237 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Stanley Black & Decker during the fourth quarter worth $40,000. SRS Capital Advisors Inc. boosted its holdings in Stanley Black & Decker by 61.8% during the fourth 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. Montag A & Associates Inc. purchased a new stake in Stanley Black & Decker during the fourth quarter worth $44,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in Stanley Black & Decker during the fourth quarter worth $55,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Price Performance

Shares of NYSE SWK traded down $2.19 during mid-day trading on Friday, reaching $65.23. The company's stock had a trading volume of 1,730,195 shares, compared to its average volume of 1,970,859. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88. The stock has a market capitalization of $10.09 billion, a P/E ratio of 33.62, a P/E/G ratio of 1.33 and a beta of 1.18. The stock has a 50-day moving average of $63.78 and a two-hundred day moving average of $76.24. 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 released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.73 billion. During the same period last year, the business earned $0.56 earnings per share. Stanley Black & Decker's revenue was down 3.2% compared to the same quarter last year. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 5.03%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's payout ratio is 136.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SWK shares. JPMorgan Chase & Co. reduced their price objective on shares of 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. Robert W. Baird upped their price objective on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Wells Fargo & Company reduced their price objective on shares of Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating for the company in a research report on Thursday, May 1st. Barclays upgraded shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $69.00 to $90.00 in a research report on Tuesday, May 13th. Finally, Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price objective for the company. One equities research 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's stock. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $91.10.

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.