Stack Financial Management Inc Sells 6,889 Shares of Stanley Black & Decker, Inc. (SWK)

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Stack Financial Management Inc trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 5.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,692 shares of the industrial products company’s stock after selling 6,889 shares during the period. Stanley Black & Decker accounts for 1.9% of Stack Financial Management Inc’s portfolio, making the stock its 18th biggest position. Stack Financial Management Inc owned approximately 0.09% of Stanley Black & Decker worth $15,529,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Legacy Financial Advisors Inc. grew its stake in shares of Stanley Black & Decker by 72.8% in the fourth quarter. Legacy Financial Advisors Inc. now owns 330 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 139 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of Stanley Black & Decker during the fourth quarter valued at $57,000. CWM LLC lifted its holdings in shares of Stanley Black & Decker by 40.2% during the fourth quarter. CWM LLC now owns 617 shares of the industrial products company’s stock valued at $74,000 after purchasing an additional 177 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Stanley Black & Decker by 20,766.7% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 626 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 623 shares in the last quarter. Finally, Rational Advisors LLC lifted its holdings in shares of Stanley Black & Decker by 6,076.9% during the third quarter. Rational Advisors LLC now owns 803 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 790 shares in the last quarter. 86.86% of the stock is currently owned by institutional investors.

SWK stock opened at $128.34 on Tuesday. Stanley Black & Decker, Inc. has a fifty-two week low of $106.41 and a fifty-two week high of $164.94. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.56 and a current ratio of 1.16. The stock has a market capitalization of $19.36 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 1.56 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Tuesday, January 22nd. The industrial products company reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.01. Stanley Black & Decker had a return on equity of 16.29% and a net margin of 4.62%. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.62 billion. During the same quarter in the prior year, the company earned $2.18 earnings per share. Stanley Black & Decker’s revenue was up 4.9% on a year-over-year basis. On average, equities analysts predict that Stanley Black & Decker, Inc. will post 8.56 earnings per share for the current year.

In other Stanley Black & Decker news, SVP Jaime A. Ramirez sold 600 shares of the stock in a transaction dated Thursday, January 24th. The stock was sold at an average price of $118.69, for a total value of $71,214.00. Following the transaction, the senior vice president now owns 35,048 shares of the company’s stock, valued at $4,159,847.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.69% of the stock is currently owned by corporate insiders.

A number of research analysts have recently issued reports on SWK shares. Zacks Investment Research downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Monday, October 15th. Barclays lowered their price target on Stanley Black & Decker from $166.00 to $152.00 and set an “overweight” rating on the stock in a report on Friday, October 26th. Wells Fargo & Co lowered their price target on Stanley Black & Decker from $162.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, October 26th. Credit Suisse Group set a $155.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a report on Friday, January 11th. Finally, UBS Group set a $173.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a report on Friday, October 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $156.53.

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Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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