Vontobel Holding Ltd. Trims Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Vontobel Holding Ltd. decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 9.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,179 shares of the industrial products company’s stock after selling 636 shares during the period. Vontobel Holding Ltd.’s holdings in Stanley Black & Decker were worth $606,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SWK. Crestwood Advisors Group LLC grew its stake in Stanley Black & Decker by 0.6% during the fourth quarter. Crestwood Advisors Group LLC now owns 20,885 shares of the industrial products company’s stock valued at $2,049,000 after acquiring an additional 117 shares in the last quarter. Kinloch Capital LLC grew its stake in Stanley Black & Decker by 0.4% during the third quarter. Kinloch Capital LLC now owns 37,691 shares of the industrial products company’s stock valued at $3,150,000 after acquiring an additional 141 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in Stanley Black & Decker by 3.7% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 4,158 shares of the industrial products company’s stock valued at $348,000 after acquiring an additional 147 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in Stanley Black & Decker by 41.3% during the third quarter. Parkside Financial Bank & Trust now owns 547 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 160 shares in the last quarter. Finally, SevenBridge Financial Group LLC lifted its position in Stanley Black & Decker by 1.5% during the third quarter. SevenBridge Financial Group LLC now owns 11,312 shares of the industrial products company’s stock valued at $945,000 after purchasing an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Robert W. Baird dropped their target price on shares of Stanley Black & Decker from $82.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, April 18th. JPMorgan Chase & Co. dropped their target price on shares of Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating for the company in a research report on Tuesday, February 6th. Barclays lifted their target price on shares of Stanley Black & Decker from $105.00 to $107.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Wells Fargo & Company dropped their target price on shares of Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $98.11.

Stanley Black & Decker Stock Up 0.0 %

NYSE:SWK opened at $89.36 on Tuesday. The firm’s 50-day moving average price is $91.43 and its 200-day moving average price is $90.89. The company has a market capitalization of $13.74 billion, a PE ratio of -42.96, a P/E/G ratio of 2.41 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.19 and a quick ratio of 0.39. Stanley Black & Decker, Inc. has a 1-year low of $73.87 and a 1-year high of $104.21.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.19. Stanley Black & Decker had a negative net margin of 1.97% and a positive return on equity of 2.34%. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same period in the prior year, the firm earned ($0.10) EPS. The company’s revenue was down 6.3% compared to the same quarter last year. On average, equities analysts predict that Stanley Black & Decker, Inc. will post 4.12 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Friday, March 8th were given a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend was Thursday, March 7th. Stanley Black & Decker’s dividend payout ratio (DPR) is -155.77%.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.