Lion Street Advisors LLC Trims Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Lion Street Advisors LLC lowered its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,901 shares of the industrial products company’s stock after selling 173 shares during the period. Lion Street Advisors LLC’s holdings in Stanley Black & Decker were worth $474,000 at the end of the most recent reporting period.

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

Stanley Black & Decker Trading Up 1.9 %

Shares of SWK stock opened at $86.83 on Wednesday. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of -63.38, a PEG ratio of 1.90 and a beta of 1.24. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88. The company has a current ratio of 1.29, a quick ratio of 0.42 and a debt-to-equity ratio of 0.63. The firm has a 50-day moving average price of $84.18 and a 200 day moving average price of $93.58.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. Research analysts forecast that Stanley Black & Decker, Inc. will post 4.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on SWK shares. Barclays reduced their target price 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. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a report on Thursday, December 19th. Wells Fargo & Company dropped their target price 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. Morgan Stanley lowered their price target on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 30th. Finally, StockNews.com cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Stanley Black & Decker 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.