Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 28.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 108,543 shares of the industrial products company’s stock after purchasing an additional 23,740 shares during the quarter. Stanley Black & Decker comprises 1.5% of Gilman Hill Asset Management LLC’s portfolio, making the stock its 16th largest position. Gilman Hill Asset Management LLC owned about 0.07% of Stanley Black & Decker worth $8,715,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Ellsworth Advisors LLC boosted its position in shares of Stanley Black & Decker by 8.5% in the fourth quarter. Ellsworth Advisors LLC now owns 14,801 shares of the industrial products company’s stock worth $1,188,000 after buying an additional 1,157 shares during the period. Polianta Ltd acquired a new position in Stanley Black & Decker in the 4th quarter worth $1,196,000. Arkadios Wealth Advisors boosted its position in Stanley Black & Decker by 26.3% in the 4th quarter. Arkadios Wealth Advisors now owns 5,315 shares of the industrial products company’s stock valued at $427,000 after buying an additional 1,107 shares during the last quarter. Merit Financial Group LLC purchased a new stake in shares of Stanley Black & Decker during the fourth quarter worth about $320,000. Finally, Avanza Fonder AB acquired a new position in shares of Stanley Black & Decker in the fourth quarter worth about $1,287,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Up 0.4 %

NYSE SWK opened at $84.34 on Monday. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The stock’s 50-day moving average price is $84.14 and its two-hundred day moving average price is $93.27. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.42 and a current ratio of 1.29.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.17. The firm had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.80 billion. Stanley Black & Decker had a negative net margin of 1.33% and a positive return on equity of 6.44%. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. As a group, equities research analysts expect that Stanley Black & Decker, Inc. will post 4.13 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, November 29th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date was Friday, November 29th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently -239.42%.

Analyst Ratings Changes

SWK has been the topic of several analyst reports. StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. Morgan Stanley cut their price objective on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 30th. Barclays lowered their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company decreased their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Finally, Robert W. Baird dropped their price target on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $101.25.

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 Storage segment, and Industrial segment.