Rothschild Investment LLC Trims Stock Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Rothschild Investment LLC trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 14.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,791 shares of the industrial products company’s stock after selling 8,056 shares during the quarter. Rothschild Investment LLC’s holdings in Stanley Black & Decker were worth $3,757,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Ridgewood Investments LLC acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $36,000. Montag A & Associates Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $44,000. Crews Bank & Trust acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $49,000. R Squared Ltd acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $54,000. Finally, Sunbelt Securities Inc. grew its stake in shares of Stanley Black & Decker by 363.8% in the third quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock valued at $72,000 after buying an additional 513 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 NYSE SWK opened at $87.95 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. The firm has a market cap of $13.58 billion, a price-to-earnings ratio of 45.34, a P/E/G ratio of 1.33 and a beta of 1.24. The business’s 50-day simple moving average is $84.33 and its 200-day simple moving average is $92.81. Stanley Black & Decker, Inc. has a 52 week low of $77.70 and a 52 week high of $110.88.

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

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 4th will be given a $0.82 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.73%. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Wall Street Analysts Forecast Growth

SWK has been the subject of a number of recent analyst reports. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Thursday, December 19th. UBS Group decreased their price target on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating for the company in a report on Friday, February 7th. Wells Fargo & Company dropped their price objective on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird decreased their target price on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Finally, Citigroup dropped their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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 Storage segment, and Industrial segment.