Glenview Trust co Raises Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Glenview Trust co boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,863 shares of the industrial products company’s stock after buying an additional 575 shares during the quarter. Glenview Trust co’s holdings in Stanley Black & Decker were worth $2,398,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Ridgewood Investments LLC purchased a new stake in shares of Stanley Black & Decker in the fourth quarter valued at $36,000. Cape Investment Advisory Inc. boosted its stake in shares of Stanley Black & Decker by 107.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 237 shares during the last quarter. SRS Capital Advisors Inc. raised its position in shares of Stanley Black & Decker by 61.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 521 shares of the industrial products company’s stock valued at $42,000 after buying an additional 199 shares during the last quarter. Montag A & Associates Inc. acquired a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $44,000. Finally, Crews Bank & Trust acquired a new stake in Stanley Black & Decker during the fourth quarter worth approximately $49,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $81.07 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The stock’s 50 day moving average price is $85.48 and its 200 day moving average price is $91.46. The firm has a market capitalization of $12.52 billion, a PE ratio of 41.79, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.21. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. As a group, sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders 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 dividend yield of 4.05%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 169.07%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wells Fargo & Company cut 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. Citigroup dropped their target price on 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. Mizuho raised shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Thursday, December 19th. Jefferies Financial Group initiated coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target for the company. Finally, UBS Group decreased 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 report on Friday, February 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus 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 Outdoor and Industrial segments.