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

NewSquare Capital LLC lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,283 shares of the industrial products company’s stock after acquiring an additional 1,712 shares during the quarter. NewSquare Capital LLC’s holdings in Stanley Black & Decker were worth $7,936,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Crestwood Advisors Group LLC increased its position in Stanley Black & Decker by 0.6% during the fourth quarter. Crestwood Advisors Group LLC now owns 20,885 shares of the industrial products company’s stock worth $2,049,000 after purchasing an additional 117 shares during the last quarter. Kinloch Capital LLC lifted its position in Stanley Black & Decker by 0.4% in the 3rd quarter. Kinloch Capital LLC now owns 37,691 shares of the industrial products company’s stock valued at $3,150,000 after purchasing an additional 141 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in Stanley Black & Decker by 3.7% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 4,158 shares of the industrial products company’s stock valued at $348,000 after buying an additional 147 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Stanley Black & Decker by 41.3% during the 3rd quarter. Parkside Financial Bank & Trust now owns 547 shares of the industrial products company’s stock worth $46,000 after buying an additional 160 shares in the last quarter. Finally, SevenBridge Financial Group LLC raised its position in shares of Stanley Black & Decker by 1.5% during the 3rd quarter. SevenBridge Financial Group LLC now owns 11,312 shares of the industrial products company’s stock worth $945,000 after buying an additional 165 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Up 1.6 %

Shares of NYSE:SWK traded up $1.40 during trading on Tuesday, reaching $90.75. 1,095,518 shares of the stock were exchanged, compared to its average volume of 1,284,562. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.19 and a quick ratio of 0.39. Stanley Black & Decker, Inc. has a 1-year low of $73.87 and a 1-year high of $104.21. The stock has a fifty day moving average of $91.43 and a two-hundred day moving average of $90.89. The firm has a market cap of $13.96 billion, a price-to-earnings ratio of -42.96, a price-to-earnings-growth ratio of 2.41 and a beta of 1.34.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.19. The firm had revenue of $3.74 billion during 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 business’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.10) EPS. Research analysts anticipate that Stanley Black & Decker, Inc. will post 4.12 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Shareholders of record on Friday, March 8th were issued a $0.81 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $3.24 annualized dividend and a dividend yield of 3.57%. Stanley Black & Decker’s payout ratio is currently -155.77%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on SWK shares. Robert W. Baird cut their price target on shares of Stanley Black & Decker from $82.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, April 18th. JPMorgan Chase & Co. dropped their price objective on shares of Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating for the company in a research note on Tuesday, February 6th. Barclays increased their price objective on shares of Stanley Black & Decker from $105.00 to $107.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Wells Fargo & Company reduced their target price on shares of Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $98.11.

Stanley Black & Decker Profile

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.