Quantinno Capital Management LP Has $7.22 Million Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Quantinno Capital Management LP grew its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 89,872 shares of the industrial products company's stock after purchasing an additional 9,646 shares during the quarter. Quantinno Capital Management LP owned 0.06% of Stanley Black & Decker worth $7,216,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital Research Global Investors raised its stake in shares of Stanley Black & Decker by 126.5% in the 4th quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company's stock valued at $440,424,000 after purchasing an additional 3,063,114 shares in the last quarter. Norges Bank bought a new stake in Stanley Black & Decker during the fourth quarter valued at $117,231,000. Invesco Ltd. lifted its position in shares of Stanley Black & Decker by 22.6% in the 4th quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock worth $332,336,000 after buying an additional 763,219 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Stanley Black & Decker by 44.2% in the fourth quarter. Ameriprise Financial Inc. now owns 2,215,765 shares of the industrial products company's stock worth $177,905,000 after acquiring an additional 679,359 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of Stanley Black & Decker by 7,765.7% during the fourth quarter. Marshall Wace LLP now owns 582,535 shares of the industrial products company's stock valued at $46,772,000 after purchasing an additional 575,129 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Trading Down 0.1%

Shares of Stanley Black & Decker stock traded down $0.06 on Tuesday, reaching $70.56. 2,979,355 shares of the company were exchanged, compared to its average volume of 1,874,870. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The firm has a market capitalization of $10.92 billion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 1.33 and a beta of 1.19. The stock has a fifty day moving average price of $67.19 and a 200-day moving average price of $79.18.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. The business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.73 billion. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. The firm's revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 4.65%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio is currently 136.10%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SWK shares. Jefferies Financial Group began coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target for the company. Barclays raised Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $69.00 to $90.00 in a report on Tuesday, May 13th. JPMorgan Chase & Co. reduced their price target on 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. Citigroup cut their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating on the stock in a research note on Thursday, February 6th. Finally, Wells Fargo & Company dropped their price target on shares of Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and a consensus target price of $91.10.

About Stanley Black & Decker

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.