Americana Partners LLC Has $3.75 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Americana Partners LLC boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 62.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,685 shares of the industrial products company's stock after acquiring an additional 14,822 shares during the quarter. Americana Partners LLC's holdings in Stanley Black & Decker were worth $3,749,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Venturi Wealth Management LLC acquired a new stake in shares of Stanley Black & Decker during the 3rd quarter valued at approximately $33,000. Achmea Investment Management B.V. bought a new position in Stanley Black & Decker during the 1st quarter worth $36,000. ICA Group Wealth Management LLC bought a new position in Stanley Black & Decker during the 4th quarter worth $37,000. Castleview Partners LLC grew its stake in shares of Stanley Black & Decker by 343.4% in the first quarter. Castleview Partners LLC now owns 501 shares of the industrial products company's stock worth $40,000 after purchasing an additional 388 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Stanley Black & Decker by 80.5% in the third quarter. EverSource Wealth Advisors LLC now owns 518 shares of the industrial products company's stock worth $43,000 after purchasing an additional 231 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Stanley Black & Decker from $89.00 to $80.00 and set an "underweight" rating for the company in a research note on Tuesday, February 6th. Wells Fargo & Company decreased their target price on Stanley Black & Decker from $105.00 to $95.00 and set an "equal weight" rating for the company in a research note on Friday, February 2nd. Finally, Barclays raised their target price on Stanley Black & Decker from $105.00 to $107.00 and gave the company an "overweight" rating in a research note on Tuesday, April 2nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $97.80.

Stanley Black & Decker Trading Up 0.5 %

Shares of NYSE SWK traded up $0.47 during mid-day trading on Friday, hitting $95.41. 589,292 shares of the company traded hands, compared to its average volume of 1,330,032. Stanley Black & Decker, Inc. has a 1 year low of $73.27 and a 1 year high of $104.21. The stock has a market capitalization of $14.67 billion, a price-to-earnings ratio of -45.87, a PEG ratio of 2.57 and a beta of 1.34. The company has a quick ratio of 0.39, a current ratio of 1.19 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average of $91.34 and a two-hundred day moving average of $90.12.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Thursday, February 1st. The industrial products company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.73 by $0.19. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.84 billion. During the same period in the prior year, the business posted ($0.10) earnings per share. Stanley Black & Decker's revenue was down 6.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 4.12 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were paid a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend was Thursday, March 7th. Stanley Black & Decker's dividend payout ratio is currently -155.77%.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.