WCM Investment Management LLC Has $380,000 Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

WCM Investment Management LLC raised its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 146.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,758 shares of the industrial products company’s stock after acquiring an additional 2,825 shares during the quarter. WCM Investment Management LLC’s holdings in Stanley Black & Decker were worth $380,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SWK. Entropy Technologies LP increased its holdings in Stanley Black & Decker by 8.2% in the fourth quarter. Entropy Technologies LP now owns 6,111 shares of the industrial products company’s stock valued at $491,000 after purchasing an additional 462 shares during the period. Empowered Funds LLC increased its stake in shares of Stanley Black & Decker by 16.9% in the fourth quarter. Empowered Funds LLC now owns 4,292 shares of the industrial products company’s stock valued at $345,000 after buying an additional 621 shares during the period. Apollon Wealth Management LLC raised its position in shares of Stanley Black & Decker by 245.5% during the fourth quarter. Apollon Wealth Management LLC now owns 7,559 shares of the industrial products company’s stock worth $607,000 after acquiring an additional 5,371 shares during the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of Stanley Black & Decker in the fourth quarter worth approximately $1,068,000. Finally, Global X Japan Co. Ltd. boosted its holdings in Stanley Black & Decker by 3.5% in the fourth quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company’s stock valued at $406,000 after acquiring an additional 172 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 0.8 %

SWK stock opened at $85.81 on Tuesday. 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’s 50 day simple moving average is $83.91 and its 200 day simple moving average is $93.55. The company has a market cap of $13.23 billion, a P/E ratio of 44.23, a price-to-earnings-growth ratio of 1.87 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share (EPS) 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 fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SWK shares. UBS Group dropped their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday. Citigroup dropped their target price on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a report on Thursday, February 6th. Barclays lowered 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. Robert W. Baird cut their target price 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. Finally, StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th. One investment 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.