Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by Trilogy Capital Inc.

Trilogy Capital Inc. increased its stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,653 shares of the industrial products company’s stock after buying an additional 735 shares during the quarter. Trilogy Capital Inc.’s holdings in Stanley Black & Decker were worth $2,811,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SWK. Moneta Group Investment Advisors LLC lifted its holdings in Stanley Black & Decker by 113,894.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,804,886 shares of the industrial products company’s stock worth $360,943,000 after buying an additional 4,800,671 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Stanley Black & Decker by 17.5% during the 1st quarter. Vanguard Group Inc. now owns 18,623,594 shares of the industrial products company’s stock worth $2,603,393,000 after buying an additional 2,774,661 shares during the last quarter. Norges Bank bought a new position in Stanley Black & Decker during the 4th quarter worth approximately $78,260,000. State Street Corp lifted its holdings in Stanley Black & Decker by 8.0% during the 1st quarter. State Street Corp now owns 11,785,161 shares of the industrial products company’s stock worth $949,648,000 after buying an additional 874,617 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Stanley Black & Decker by 40.6% during the 1st quarter. Renaissance Technologies LLC now owns 1,552,962 shares of the industrial products company’s stock worth $125,138,000 after buying an additional 448,600 shares during the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock traded down $0.52 during mid-day trading on Wednesday, hitting $87.98. 741,226 shares of the company’s stock traded hands, compared to its average volume of 1,322,121. The firm has a 50 day moving average price of $93.44 and a 200 day moving average price of $89.78. The company has a quick ratio of 0.39, a current ratio of 1.19 and a debt-to-equity ratio of 0.67. The company has a market cap of $13.49 billion, a PE ratio of -42.59, a price-to-earnings-growth ratio of 1.73 and a beta of 1.35. Stanley Black & Decker, Inc. has a one year low of $73.12 and a one year high of $104.21.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.19. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.84 billion. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.10) EPS. On average, equities analysts forecast that Stanley Black & Decker, Inc. will post 4.06 EPS for the current year.

Stanley Black & Decker Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 19th. Stockholders of record on Friday, March 8th will be given a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 3.68%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -155.77%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SWK. JPMorgan Chase & Co. reduced their target price on Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating on the stock in a report on Tuesday, February 6th. Wells Fargo & Company cut their price target on Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a report on Friday, February 2nd. Finally, StockNews.com raised Stanley Black & Decker from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $97.60.

Read Our Latest Stock Analysis on Stanley Black & Decker

Insider Activity

In related news, SVP Graham Robinson sold 2,000 shares of Stanley Black & Decker stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $91.83, for a total value of $183,660.00. Following the transaction, the senior vice president now directly owns 26,435 shares in the company, valued at approximately $2,427,526.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.50% of the stock is owned by insiders.

About Stanley Black & Decker

(Free Report)

Stanley Black & Decker, Inc engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products.

See Also

Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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