Golden State Equity Partners Has $336,000 Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Golden State Equity Partners lifted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 5,958.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,180 shares of the industrial products company’s stock after acquiring an additional 4,111 shares during the period. Golden State Equity Partners’ holdings in Stanley Black & Decker were worth $336,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clean Energy Transition LLP boosted its position in Stanley Black & Decker by 49.0% during the third quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company’s stock worth $218,518,000 after purchasing an additional 652,780 shares during the period. State Street Corp increased its position in Stanley Black & Decker by 6.5% during the 3rd quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock valued at $998,107,000 after purchasing an additional 549,531 shares during the period. International Assets Investment Management LLC boosted its stake in Stanley Black & Decker by 14,394.0% in the 3rd quarter. International Assets Investment Management LLC now owns 393,657 shares of the industrial products company’s stock worth $43,353,000 after purchasing an additional 390,941 shares in the last quarter. FMR LLC raised its position in Stanley Black & Decker by 40.8% in the 3rd quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock worth $101,663,000 after buying an additional 267,723 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Stanley Black & Decker by 8.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company’s stock valued at $326,960,000 after purchasing an additional 235,106 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 3.2 %

SWK opened at $85.25 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 0.42. The business has a 50 day simple moving average of $84.33 and a 200-day simple moving average of $93.60. The stock has a market capitalization of $13.14 billion, a P/E ratio of -62.22, a P/E/G ratio of 1.90 and a beta of 1.24. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88.

Analyst Ratings Changes

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

Stanley Black & Decker Company 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.