1,960 Shares in Stanley Black & Decker, Inc. $SWK Bought by Traub Capital Management LLC

Traub Capital Management LLC purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the second quarter, Holdings Channel.com reports. The firm purchased 1,960 shares of the industrial products company’s stock, valued at approximately $133,000.

Several other large investors have also made changes to their positions in the business. Princeton Global Asset Management LLC purchased a new stake in shares of Stanley Black & Decker during the second quarter worth about $25,000. 1248 Management LLC bought a new position in Stanley Black & Decker in the 1st quarter worth approximately $26,000. Garde Capital Inc. grew its holdings in Stanley Black & Decker by 160.5% during the 2nd quarter. Garde Capital Inc. now owns 521 shares of the industrial products company’s stock valued at $35,000 after buying an additional 321 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Stanley Black & Decker by 87.5% during the second quarter. SBI Securities Co. Ltd. now owns 583 shares of the industrial products company’s stock valued at $39,000 after buying an additional 272 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Stanley Black & Decker by 63.6% in the second quarter. Parkside Financial Bank & Trust now owns 594 shares of the industrial products company’s stock worth $40,000 after buying an additional 231 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

Stanley Black & Decker stock opened at $62.19 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.34 and a current ratio of 1.04. The company has a market capitalization of $9.63 billion, a PE ratio of 19.74, a P/E/G ratio of 1.46 and a beta of 1.21. The company has a 50 day moving average price of $70.90 and a 200-day moving average price of $70.19. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.63.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Thursday, June 30th. The industrial products company reported $2.85 EPS for the quarter. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%.The company had revenue of $3.72 billion for the quarter. As a group, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 16th. Investors of record on Monday, December 1st will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, December 1st. Stanley Black & Decker’s payout ratio is presently 114.88%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SWK shares. Jefferies Financial Group set a $86.00 price target on shares of Stanley Black & Decker and gave the company a “buy” rating in a report on Monday, August 18th. Morgan Stanley reissued a “positive” rating and set a $80.00 price target on shares of Stanley Black & Decker in a research note on Tuesday, October 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $80.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 30th. Barclays decreased their price target on Stanley Black & Decker from $90.00 to $89.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $88.10.

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 Outdoor and Industrial segments.