International Assets Investment Management LLC Has $41.33 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

International Assets Investment Management LLC raised its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 9,029.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 421,304 shares of the industrial products company's stock after purchasing an additional 416,689 shares during the period. International Assets Investment Management LLC owned 0.27% of Stanley Black & Decker worth $41,330,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Achmea Investment Management B.V. bought a new stake in shares of Stanley Black & Decker during the first quarter valued at about $36,000. Venturi Wealth Management LLC acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter worth approximately $33,000. ICA Group Wealth Management LLC bought a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $37,000. 1832 Asset Management L.P. acquired a new position in shares of Stanley Black & Decker during the first quarter valued at approximately $69,000. Finally, Castleview Partners LLC raised its holdings in Stanley Black & Decker by 343.4% during 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. Institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Trading Up 2.0 %

Shares of SWK stock traded up $1.94 during trading hours on Tuesday, reaching $97.19. 1,362,026 shares of the stock traded hands, compared to its average volume of 1,296,711. 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 firm has a market capitalization of $14.95 billion, a PE ratio of -45.79, a PEG ratio of 2.57 and a beta of 1.34. Stanley Black & Decker, Inc. has a 1-year low of $73.87 and a 1-year high of $104.21. The business has a fifty day moving average price of $91.32 and a 200 day moving average price of $90.20.

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

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th were issued a $0.81 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 3.33%. Stanley Black & Decker's dividend payout ratio is -155.77%.

Analyst Upgrades and Downgrades

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

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.