Metis Global Partners LLC Grows Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Metis Global Partners LLC increased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,108 shares of the industrial products company’s stock after purchasing an additional 180 shares during the quarter. Metis Global Partners LLC’s holdings in Stanley Black & Decker were worth $410,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Empirical Finance LLC grew its position in shares of Stanley Black & Decker by 2.1% during the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after purchasing an additional 111 shares in the last quarter. Advisors Management Group Inc. ADV grew its position in shares of Stanley Black & Decker by 3.2% during the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 117 shares in the last quarter. MML Investors Services LLC boosted its stake in Stanley Black & Decker by 0.8% during the third quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock valued at $1,740,000 after buying an additional 127 shares during the last quarter. Assetmark Inc. boosted its stake in Stanley Black & Decker by 1.4% during the third quarter. Assetmark Inc. now owns 9,438 shares of the industrial products company’s stock valued at $1,039,000 after buying an additional 130 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Stanley Black & Decker by 0.7% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company’s stock valued at $1,758,000 after buying an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $83.68 on Thursday. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. The firm has a market capitalization of $12.92 billion, a price-to-earnings ratio of 43.13, a PEG ratio of 1.33 and a beta of 1.24. The business has a 50 day simple moving average of $85.01 and a 200-day simple moving average of $92.26.

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

Stanley Black & Decker Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SWK. Jefferies Financial Group began coverage on Stanley Black & Decker in a research note on Wednesday, February 19th. They set a “buy” rating and a $103.00 price target for the company. Wells Fargo & Company dropped their price target on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Thursday, December 19th. Citigroup dropped their price target 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. Finally, UBS Group dropped their price target on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and a consensus price target of $103.00.

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 Storage segment, and Industrial segment.