4,477 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,477 shares of the industrial products company’s stock, valued at approximately $360,000.

A number of other hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its position in Stanley Black & Decker by 6.5% in the 3rd quarter. State Street Corp now owns 9,062,992 shares of the industrial products company’s stock valued at $998,107,000 after buying an additional 549,531 shares during the last quarter. Geode Capital Management LLC boosted its position in Stanley Black & Decker by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 3,579,852 shares of the industrial products company’s stock valued at $392,882,000 after buying an additional 35,100 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Stanley Black & Decker by 8.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,968,855 shares of the industrial products company’s stock valued at $326,960,000 after buying an additional 235,106 shares during the last quarter. Clean Energy Transition LLP boosted its position in Stanley Black & Decker by 49.0% in the 3rd quarter. Clean Energy Transition LLP now owns 1,984,184 shares of the industrial products company’s stock valued at $218,518,000 after buying an additional 652,780 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its position in Stanley Black & Decker by 7.3% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,594,895 shares of the industrial products company’s stock valued at $128,054,000 after buying an additional 109,100 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SWK shares. UBS Group decreased their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. 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 report on Thursday, December 19th. Wells Fargo & Company cut their price target 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. Barclays cut their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 8th. Finally, StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $87.39 on Thursday. The company has a market capitalization of $13.49 billion, a PE ratio of 45.05, a PEG ratio of 1.33 and a beta of 1.24. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The stock’s fifty day simple moving average is $84.69 and its 200 day simple moving average is $92.67.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, topping the consensus estimate 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 predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 3.75%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s payout ratio is presently 169.07%.

About Stanley Black & Decker

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.