Qsemble Capital Management LP Takes $1.10 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Qsemble Capital Management LP acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,211 shares of the industrial products company's stock, valued at approximately $1,100,000.

A number of other institutional investors have also recently added to or reduced their stakes in SWK. International Assets Investment Management LLC lifted its holdings in shares of Stanley Black & Decker by 9,029.0% in the fourth quarter. International Assets Investment Management LLC now owns 421,304 shares of the industrial products company's stock valued at $41,330,000 after buying an additional 416,689 shares during the period. Clean Energy Transition LLP boosted its stake in Stanley Black & Decker by 13.8% in the 3rd quarter. Clean Energy Transition LLP now owns 2,292,331 shares of the industrial products company's stock worth $191,593,000 after purchasing an additional 277,507 shares during the period. Kensico Capital Management Corp grew its position in Stanley Black & Decker by 49.6% during the 3rd quarter. Kensico Capital Management Corp now owns 658,200 shares of the industrial products company's stock worth $55,012,000 after purchasing an additional 218,200 shares in the last quarter. Barclays PLC lifted its holdings in shares of Stanley Black & Decker by 62.7% in the third quarter. Barclays PLC now owns 377,665 shares of the industrial products company's stock valued at $31,567,000 after purchasing an additional 145,517 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Stanley Black & Decker by 79.3% during the third quarter. Principal Financial Group Inc. now owns 315,113 shares of the industrial products company's stock valued at $26,337,000 after buying an additional 139,371 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

Insider Transactions at Stanley Black & Decker

In other Stanley Black & Decker news, SVP Janet Link sold 3,442 shares of the company's stock in a transaction on Monday, May 6th. The stock was sold at an average price of $86.80, for a total value of $298,765.60. Following the sale, the senior vice president now directly owns 32,860 shares in the company, valued at $2,852,248. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of Stanley Black & Decker from $89.00 to $80.00 and set an "underweight" rating for the company in a report on Tuesday, February 6th. Barclays dropped their price target on shares of Stanley Black & Decker from $107.00 to $100.00 and set an "overweight" rating on the stock in a research note on Friday, May 3rd. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $98.00 to $92.00 and set an "equal weight" rating on the stock in a research note on Friday, May 3rd. Finally, Robert W. Baird reduced their price target on Stanley Black & Decker from $82.00 to $80.00 and set a "neutral" rating for the company in a report on Thursday, April 18th. Two 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's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $97.00.

Stanley Black & Decker Stock Performance

SWK traded up $1.68 during trading on Friday, hitting $89.84. The stock had a trading volume of 1,344,375 shares, compared to its average volume of 1,946,202. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 0.63. Stanley Black & Decker, Inc. has a 12 month low of $73.87 and a 12 month high of $104.21. The company has a 50 day simple moving average of $91.50 and a 200-day simple moving average of $91.54. The firm has a market cap of $13.82 billion, a PE ratio of -130.20, a P/E/G ratio of 2.43 and a beta of 1.33.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Stanley Black & Decker had a negative net margin of 0.66% and a positive return on equity of 3.95%. The company had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter in the previous year, the firm posted ($0.41) EPS. The business's revenue was down 1.6% compared to the same quarter last year. Analysts expect that Stanley Black & Decker, Inc. will post 4.04 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, June 4th will be paid a $0.81 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $3.24 annualized dividend and a dividend yield of 3.61%. Stanley Black & Decker's dividend payout ratio is currently -469.56%.

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.

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