NORTHSTAR ASSET MANAGEMENT Co LLC Decreases Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

NORTHSTAR ASSET MANAGEMENT Co LLC lessened its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,740 shares of the industrial products company’s stock after selling 500 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Stanley Black & Decker were worth $702,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SWK. Rise Advisors LLC increased its holdings in shares of Stanley Black & Decker by 99.3% during the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 133 shares in the last quarter. Ridgewood Investments LLC acquired a new position in Stanley Black & Decker during the 4th quarter valued at approximately $36,000. Crews Bank & Trust purchased a new position in shares of Stanley Black & Decker in the fourth quarter worth $49,000. R Squared Ltd purchased a new stake in shares of Stanley Black & Decker during the fourth quarter valued at $54,000. Finally, Waldron Private Wealth LLC acquired a new position in shares of Stanley Black & Decker in the 3rd quarter valued at $59,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 0.8 %

SWK opened at $86.56 on Monday. The company has a fifty day moving average of $83.91 and a two-hundred day moving average of $93.50. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.42 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. The stock has a market capitalization of $13.34 billion, a price-to-earnings ratio of 44.62, a PEG ratio of 1.87 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on SWK shares. Robert W. Baird lowered their price target on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company dropped 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 report on Tuesday, January 7th. Citigroup decreased their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho upgraded 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 research note on Thursday, December 19th. Finally, StockNews.com downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Stanley Black & Decker has an average rating of “Hold” and an average target price of $103.00.

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.