Nebula Research & Development LLC Has $1.53 Million Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Nebula Research & Development LLC lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 30.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,022 shares of the industrial products company's stock after buying an additional 4,436 shares during the quarter. Nebula Research & Development LLC's holdings in Stanley Black & Decker were worth $1,527,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SWK. Capital Research Global Investors boosted its position in shares of Stanley Black & Decker by 126.5% in the fourth quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company's stock worth $440,424,000 after acquiring an additional 3,063,114 shares during the last quarter. Norges Bank acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth approximately $117,231,000. Invesco Ltd. boosted its position in shares of Stanley Black & Decker by 22.6% in the fourth quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company's stock worth $332,336,000 after acquiring an additional 763,219 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Stanley Black & Decker by 7,765.7% in the fourth quarter. Marshall Wace LLP now owns 582,535 shares of the industrial products company's stock worth $46,772,000 after acquiring an additional 575,129 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Stanley Black & Decker by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company's stock valued at $1,540,445,000 after buying an additional 495,103 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on SWK shares. Jefferies Financial Group started 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 lowered their price target on Stanley Black & Decker from $94.00 to $86.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. UBS Group lowered their price target on Stanley Black & Decker from $121.00 to $120.00 and set a "buy" rating for the company in a report on Friday, February 7th. Citigroup lowered their target price on Stanley Black & Decker from $135.00 to $118.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Finally, Wells Fargo & Company lowered their target price on Stanley Black & Decker from $95.00 to $90.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $102.20.

Stanley Black & Decker Stock Down 2.2 %

NYSE:SWK traded down $1.32 during mid-day trading on Wednesday, reaching $59.94. The stock had a trading volume of 3,823,575 shares, compared to its average volume of 1,810,294. The company has a market capitalization of $9.26 billion, a price-to-earnings ratio of 30.90, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $110.88. The stock's 50 day simple moving average is $72.84 and its two-hundred day simple moving average is $82.90. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37.

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 for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. The company had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.73 billion. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 earnings per share. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm 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. The ex-dividend date is Tuesday, June 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 5.47%. Stanley Black & Decker's dividend payout ratio (DPR) is presently 169.07%.

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.