Sound Financial Strategies Group LLC Purchases 1,139 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Sound Financial Strategies Group LLC lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 14.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,237 shares of the industrial products company’s stock after purchasing an additional 1,139 shares during the quarter. Sound Financial Strategies Group LLC’s holdings in Stanley Black & Decker were worth $742,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SWK. Ridgewood Investments LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at $36,000. Cape Investment Advisory Inc. increased its stake in Stanley Black & Decker by 107.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 237 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in 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 acquiring an additional 199 shares during the last quarter. Montag A & Associates Inc. bought a new position in Stanley Black & Decker in the fourth quarter valued at $44,000. Finally, Crews Bank & Trust bought a new position in Stanley Black & Decker in the fourth quarter valued at $49,000. Institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on SWK shares. Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a research report on Thursday, December 19th. Wells Fargo & Company cut their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Jefferies Financial Group started 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. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. Finally, Citigroup cut their price target on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. 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’s stock. Based on data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and a consensus price target of $103.00.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $81.46 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.30 and a quick ratio of 0.37. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year high of $110.88. The company has a 50-day simple moving average of $84.96 and a two-hundred day simple moving average of $92.32. The firm has a market capitalization of $12.58 billion, a PE ratio of 41.99, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last announced its 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%. On average, analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders 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 4.03%. The ex-dividend date is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio is 169.07%.

About Stanley Black & Decker

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.