Stanley Black & Decker, Inc. (NYSE:SWK) Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK – Get Rating) by 22.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 808,279 shares of the industrial products company’s stock after acquiring an additional 147,771 shares during the period. Schroder Investment Management Group owned 0.55% of Stanley Black & Decker worth $60,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Stanley Black & Decker by 17.5% in the 1st quarter. Vanguard Group Inc. now owns 18,623,594 shares of the industrial products company’s stock valued at $2,603,393,000 after acquiring an additional 2,774,661 shares during the period. State Street Corp grew its position in Stanley Black & Decker by 7.4% during the 3rd quarter. State Street Corp now owns 8,414,788 shares of the industrial products company’s stock worth $632,876,000 after purchasing an additional 578,581 shares during the period. Massachusetts Financial Services Co. MA grew its position in Stanley Black & Decker by 0.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,039,425 shares of the industrial products company’s stock worth $604,645,000 after purchasing an additional 59,090 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Stanley Black & Decker by 271.9% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 7,554,260 shares of the industrial products company’s stock worth $568,157,000 after acquiring an additional 5,523,022 shares in the last quarter. Finally, Cooke & Bieler LP boosted its stake in shares of Stanley Black & Decker by 1.9% during the 3rd quarter. Cooke & Bieler LP now owns 2,277,776 shares of the industrial products company’s stock worth $171,312,000 after acquiring an additional 42,025 shares in the last quarter. 88.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Janet Link sold 2,581 shares of Stanley Black & Decker stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $85.73, for a total value of $221,269.13. Following the completion of the transaction, the senior vice president now directly owns 36,352 shares of the company’s stock, valued at approximately $3,116,456.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is currently owned by insiders.

Stanley Black & Decker Stock Up 0.0 %

Shares of Stanley Black & Decker stock traded up $0.03 during trading on Friday, hitting $77.59. 158,054 shares of the stock were exchanged, compared to its average volume of 1,753,602. Stanley Black & Decker, Inc. has a 12-month low of $70.24 and a 12-month high of $121.82. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 9.90 and a beta of 1.30. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.40. The firm’s 50-day moving average price is $79.79 and its 200 day moving average price is $81.68.

Stanley Black & Decker (NYSE:SWK – Get Rating) last issued its quarterly earnings results on Thursday, May 4th. The industrial products company reported ($0.41) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.73) by $0.32. Stanley Black & Decker had a net margin of 4.22% and a return on equity of 3.45%. The business had revenue of $3.93 billion for the quarter, compared to analyst estimates of $4.01 billion. During the same period in the previous year, the business posted $2.10 earnings per share. The business’s revenue was down 11.6% compared to the same quarter last year. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 0.89 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 20th. Investors of record on Monday, June 5th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 4.12%. The ex-dividend date is Friday, June 2nd. Stanley Black & Decker’s dividend payout ratio (DPR) is 71.59%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SWK shares. Morgan Stanley lowered their target price on shares of Stanley Black & Decker from $97.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 19th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Stanley Black & Decker from $99.00 to $83.00 and set a “hold” rating on the stock in a research note on Wednesday, April 12th. Credit Suisse Group raised their price target on shares of Stanley Black & Decker from $79.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, February 6th. Barclays lifted their target price on shares of Stanley Black & Decker from $92.00 to $110.00 and gave the company an “overweight” rating in a report on Sunday, February 5th. Finally, UBS Group dropped their target price on shares of Stanley Black & Decker from $100.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, March 16th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $95.33.

Stanley Black & Decker Profile

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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 Storage segment, and Industrial segment.