By otakuyassine3@gmail.com 
Shares of Stanley Black & Decker, Inc. (NYSE:SWK – Get Free Report) have been given an average recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $103.25.
SWK has been the topic of a number of research analyst reports. Barclays upped their target price on Stanley Black & Decker from $96.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company dropped their target price on shares of Stanley Black & Decker from $104.00 to $100.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. Robert W. Baird decreased their price target on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a report on Thursday, December 19th. Finally, Morgan Stanley dropped their target price on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th.
View Our Latest Research Report on Stanley Black & Decker
Hedge Funds Weigh In On Stanley Black & Decker
Several hedge funds and other institutional investors have recently modified their holdings of the company. UMB Bank n.a. increased its stake in shares of Stanley Black & Decker by 4.7% during the third quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company’s stock valued at $233,000 after buying an additional 96 shares during the period. Oregon Public Employees Retirement Fund lifted its position in shares of Stanley Black & Decker by 0.8% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 13,200 shares of the industrial products company’s stock worth $1,055,000 after purchasing an additional 100 shares during the period. Castleview Partners LLC increased its position in shares of Stanley Black & Decker by 3.9% during the third quarter. Castleview Partners LLC now owns 2,772 shares of the industrial products company’s stock valued at $305,000 after buying an additional 103 shares during the period. Empirical Finance LLC raised its stake in Stanley Black & Decker by 2.1% in the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after buying an additional 111 shares in the last quarter. Finally, Advisors Management Group Inc. ADV lifted its holdings in Stanley Black & Decker by 3.2% in the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after buying an additional 117 shares during the period. 87.77% of the stock is owned by institutional investors.
Stanley Black & Decker Stock Performance
NYSE:SWK opened at $81.35 on Thursday. Stanley Black & Decker has a 52-week low of $77.70 and a 52-week high of $110.88. The business’s fifty day moving average is $91.47 and its 200 day moving average is $93.55. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.42 and a current ratio of 1.29. The firm has a market cap of $12.54 billion, a price-to-earnings ratio of -59.38, a PEG ratio of 2.24 and a beta of 1.23.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.17. The business had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.80 billion. Stanley Black & Decker had a negative net margin of 1.33% and a positive return on equity of 6.44%. Stanley Black & Decker’s revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 EPS. Research analysts predict that Stanley Black & Decker will post 4.12 EPS for the current year.
Stanley Black & Decker Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, November 29th were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date of this dividend was Friday, November 29th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -239.42%.
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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