Deutsche Bank AG Has $74.06 Million Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Deutsche Bank AG raised its holdings in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 66.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 922,378 shares of the industrial products company's stock after buying an additional 368,490 shares during the period. Deutsche Bank AG owned about 0.60% of Stanley Black & Decker worth $74,058,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SWK. Barclays PLC raised its stake in Stanley Black & Decker by 30.9% in the third quarter. Barclays PLC now owns 427,337 shares of the industrial products company's stock valued at $47,061,000 after buying an additional 100,894 shares during the period. Principal Financial Group Inc. grew its position in shares of Stanley Black & Decker by 3.2% in the third quarter. Principal Financial Group Inc. now owns 177,100 shares of the industrial products company's stock valued at $19,504,000 after purchasing an additional 5,493 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Stanley Black & Decker by 9.5% in the fourth quarter. Nordea Investment Management AB now owns 13,167 shares of the industrial products company's stock valued at $1,063,000 after purchasing an additional 1,142 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Stanley Black & Decker by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 78,734 shares of the industrial products company's stock valued at $6,322,000 after purchasing an additional 204 shares during the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $1,386,000. Institutional investors own 87.77% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Robert W. Baird upped their target price on Stanley Black & Decker from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Jefferies Financial Group assumed coverage on Stanley Black & Decker in a research report on Wednesday, February 19th. They issued a "buy" rating and a $103.00 target price on the stock. Wells Fargo & Company decreased their target price on 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. UBS Group decreased their target price on Stanley Black & Decker from $120.00 to $100.00 and set a "buy" rating on the stock in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. reduced their price target 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 investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of "Hold" and a consensus price target of $91.10.

Stanley Black & Decker Price Performance

Shares of SWK stock traded up $0.72 during trading hours on Friday, reaching $71.42. The company's stock had a trading volume of 2,275,722 shares, compared to its average volume of 1,865,346. The firm's 50 day simple moving average is $67.40 and its 200-day simple moving average is $79.34. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 36.81, a PEG 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 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 issued its 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 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 was down 3.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.56 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Tuesday, June 3rd will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Tuesday, June 3rd. Stanley Black & Decker's dividend payout ratio is presently 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.