55,057 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Purchased by Regents Gate Capital LLP

Regents Gate Capital LLP bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 4th quarter, HoldingsChannel.com reports. The fund bought 55,057 shares of the industrial products company’s stock, valued at approximately $4,421,000. Stanley Black & Decker makes up approximately 1.8% of Regents Gate Capital LLP’s holdings, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clean Energy Transition LLP lifted its holdings 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 acquiring an additional 652,780 shares during the period. State Street Corp raised its stake in shares of 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 worth $998,107,000 after purchasing an additional 549,531 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of 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 buying an additional 390,941 shares during the last quarter. FMR LLC grew its position in Stanley Black & Decker by 40.8% during the third quarter. FMR LLC now owns 923,118 shares of the industrial products company’s stock valued at $101,663,000 after buying an additional 267,723 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its holdings in Stanley Black & Decker by 8.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company’s stock worth $326,960,000 after buying an additional 235,106 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 0.8 %

Shares of NYSE SWK opened at $86.56 on Monday. The company has a quick ratio of 0.42, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The company has a market cap of $13.34 billion, a P/E ratio of 44.62, a P/E/G ratio of 1.87 and a beta of 1.24. Stanley Black & Decker, Inc. has a 52 week low of $77.70 and a 52 week high of $110.88. The business has a 50-day simple moving average of $83.91 and a two-hundred day simple moving average of $93.50.

Stanley Black & Decker (NYSE:SWK) last released 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 net margin of 1.92% and a return on equity of 7.50%. Research analysts anticipate that Stanley Black & Decker, Inc. will post 5.09 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SWK has been the subject of a number of research reports. Morgan Stanley reduced their target price on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. Citigroup reduced their price objective on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a report on Thursday. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird cut their price target on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Finally, Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $103.00.

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.