Quantinno Capital Management LP Buys 9,646 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Quantinno Capital Management LP boosted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,872 shares of the industrial products company's stock after acquiring an additional 9,646 shares during the period. Quantinno Capital Management LP owned 0.06% of Stanley Black & Decker worth $7,216,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cape Investment Advisory Inc. boosted its stake in Stanley Black & Decker by 107.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company's stock worth $37,000 after buying an additional 237 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Stanley Black & Decker during the 4th quarter worth approximately $40,000. SRS Capital Advisors Inc. increased its holdings in Stanley Black & Decker by 61.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 199 shares in the last quarter. Montag A & Associates Inc. bought a new position in Stanley Black & Decker in the 4th quarter valued at $44,000. Finally, Crews Bank & Trust acquired a new position in Stanley Black & Decker in the fourth quarter worth $49,000. 87.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on SWK. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 price target for the company. Barclays raised shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $69.00 to $90.00 in a research note on Tuesday, May 13th. Wells Fargo & Company reduced their target price 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. Robert W. Baird boosted their price objective on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Finally, JPMorgan Chase & Co. decreased their price objective on Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating on the stock in a research report on Monday, May 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, Stanley Black & Decker presently has an average rating of "Hold" and an average price target of $91.10.

Stanley Black & Decker Stock Down 0.8%

Shares of NYSE:SWK traded down $0.56 during midday trading on Thursday, reaching $65.92. 647,665 shares of the company were exchanged, compared to its average volume of 1,876,553. The firm has a market cap of $10.20 billion, a PE ratio of 33.99, a P/E/G ratio of 1.33 and a beta of 1.19. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The stock has a fifty day simple moving average of $66.72 and a two-hundred day simple moving average of $79.03. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64.

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 the consensus estimate of $0.68 by $0.07. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The company's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 4.98%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's payout ratio is 136.10%.

Stanley Black & Decker Profile

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.