Mutual of America Capital Management LLC Has $4.68 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Mutual of America Capital Management LLC lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 28.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,724 shares of the industrial products company's stock after acquiring an additional 10,442 shares during the quarter. Mutual of America Capital Management LLC's holdings in Stanley Black & Decker were worth $4,682,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Stanley Black & Decker by 17.5% during the first quarter. Vanguard Group Inc. now owns 18,623,594 shares of the industrial products company's stock worth $2,603,393,000 after acquiring an additional 2,774,661 shares during the last quarter. State Street Corp increased its position in shares of Stanley Black & Decker by 8.0% during the first quarter. State Street Corp now owns 11,785,161 shares of the industrial products company's stock worth $949,648,000 after acquiring an additional 874,617 shares during the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Stanley Black & Decker by 113,894.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,804,886 shares of the industrial products company's stock worth $360,943,000 after acquiring an additional 4,800,671 shares during the last quarter. Morgan Stanley increased its position in shares of Stanley Black & Decker by 7.6% during the fourth quarter. Morgan Stanley now owns 3,385,536 shares of the industrial products company's stock worth $254,322,000 after acquiring an additional 239,650 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Stanley Black & Decker by 2.3% during the first quarter. Geode Capital Management LLC now owns 3,043,392 shares of the industrial products company's stock worth $244,670,000 after acquiring an additional 69,266 shares during the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SWK has been the subject of several research analyst reports. Barclays boosted their price objective on Stanley Black & Decker from $105.00 to $107.00 and gave the company an "overweight" rating in a report on Tuesday, April 2nd. Wells Fargo & Company lowered their target price on 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, JPMorgan Chase & Co. lowered their target price on Stanley Black & Decker from $89.00 to $80.00 and set an "underweight" rating for the company in a report on Tuesday, February 6th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $99.44.

Stanley Black & Decker Stock Performance

SWK stock traded down $0.65 on Tuesday, reaching $90.18. The company's stock had a trading volume of 932,867 shares, compared to its average volume of 1,290,020. Stanley Black & Decker, Inc. has a 52 week low of $73.87 and a 52 week high of $104.21. The company has a market capitalization of $13.87 billion, a P/E ratio of -43.64, a price-to-earnings-growth ratio of 2.47 and a beta of 1.34. The firm has a fifty day moving average of $91.44 and a two-hundred day moving average of $90.55. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.19 and a quick ratio of 0.39.

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

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were paid a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend was Thursday, March 7th. Stanley Black & Decker's 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.