Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by DE Burlo Group Inc.

DE Burlo Group Inc. increased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 90.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,800 shares of the industrial products company’s stock after acquiring an additional 70,300 shares during the period. Stanley Black & Decker makes up about 1.6% of DE Burlo Group Inc.’s investment portfolio, making the stock its 25th biggest position. DE Burlo Group Inc. owned approximately 0.10% of Stanley Black & Decker worth $11,867,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Capital Research Global Investors increased its position in Stanley Black & Decker by 126.5% during the fourth quarter. Capital Research Global Investors now owns 5,485,421 shares of the industrial products company’s stock worth $440,424,000 after buying an additional 3,063,114 shares in the last quarter. Norges Bank acquired a new position in Stanley Black & Decker in the 4th quarter valued at about $117,231,000. Invesco Ltd. lifted its holdings in Stanley Black & Decker by 22.6% in the 4th quarter. Invesco Ltd. now owns 4,139,196 shares of the industrial products company’s stock valued at $332,336,000 after purchasing an additional 763,219 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Stanley Black & Decker by 7,765.7% during the 4th quarter. Marshall Wace LLP now owns 582,535 shares of the industrial products company’s stock worth $46,772,000 after purchasing an additional 575,129 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Stanley Black & Decker by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 19,186,011 shares of the industrial products company’s stock worth $1,540,445,000 after buying an additional 495,103 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $61.65 on Friday. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $110.88. The company has a market cap of $9.53 billion, a PE ratio of 31.78, a P/E/G ratio of 1.33 and a beta of 1.14. 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 company’s fifty day simple moving average is $73.95 and its 200-day simple moving average is $83.71.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share 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%. As a group, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 5.32%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

Analyst Upgrades and Downgrades

SWK has been the subject of several recent analyst reports. Citigroup lowered their target price 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, February 6th. Barclays reduced their target price on Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 26th. Wells Fargo & Company lowered their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Jefferies Financial Group assumed coverage on shares of Stanley Black & Decker in a report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price objective on the stock. Finally, UBS Group cut 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 note on Friday, February 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $102.20.

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 Outdoor and Industrial segments.