Vanguard Personalized Indexing Management LLC Has $873,000 Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Vanguard Personalized Indexing Management LLC raised its position in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 9.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,442 shares of the industrial products company’s stock after acquiring an additional 912 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Stanley Black & Decker were worth $873,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Stanley Black & Decker by 17.5% in the first quarter. Vanguard Group Inc. now owns 18,623,594 shares of the industrial products company’s stock valued at $2,603,393,000 after purchasing an additional 2,774,661 shares in the last quarter. State Street Corp lifted its holdings in shares of Stanley Black & Decker by 8.0% during the 1st quarter. State Street Corp now owns 11,785,161 shares of the industrial products company’s stock worth $949,648,000 after acquiring an additional 874,617 shares during the period. Capital Research Global Investors boosted its position in shares of Stanley Black & Decker by 1.6% during the 2nd quarter. Capital Research Global Investors now owns 5,519,398 shares of the industrial products company’s stock valued at $517,223,000 after acquiring an additional 87,202 shares in the last quarter. Moneta Group Investment Advisors LLC increased its stake in Stanley Black & Decker by 113,894.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,804,886 shares of the industrial products company’s stock valued at $360,943,000 after acquiring an additional 4,800,671 shares during the period. Finally, Morgan Stanley lifted its stake in Stanley Black & Decker by 7.6% during the fourth quarter. Morgan Stanley now owns 3,385,536 shares of the industrial products company’s stock worth $254,322,000 after purchasing an additional 239,650 shares during the period. Institutional investors own 90.47% of the company’s stock.

Analyst Upgrades and Downgrades

SWK has been the topic of several analyst reports. Citigroup upgraded Stanley Black & Decker from a “neutral” rating to a “buy” rating and upped their price objective for the company from $110.00 to $118.00 in a research note on Friday, October 27th. JPMorgan Chase & Co. cut their price objective on Stanley Black & Decker from $89.00 to $80.00 and set an “underweight” rating for the company in a report on Tuesday, February 6th. Barclays lowered their target price on shares of Stanley Black & Decker from $120.00 to $105.00 and set an “overweight” rating on the stock in a report on Monday, October 30th. StockNews.com raised shares of Stanley Black & Decker from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, Wells Fargo & Company decreased their price objective on shares of Stanley Black & Decker from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and an average target price of $97.60.

Get Our Latest Stock Report on Stanley Black & Decker

Stanley Black & Decker Stock Performance

SWK stock opened at $91.00 on Tuesday. The stock has a market capitalization of $13.95 billion, a PE ratio of -43.75, a price-to-earnings-growth ratio of 1.74 and a beta of 1.35. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.19 and a quick ratio of 0.39. The company has a 50 day moving average price of $94.92 and a 200 day moving average price of $90.57. Stanley Black & Decker, Inc. has a fifty-two week low of $73.12 and a fifty-two week high of $104.21.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its earnings results on Thursday, February 1st. The industrial products company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.19. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.84 billion. Stanley Black & Decker had a positive return on equity of 2.34% and a negative net margin of 1.97%. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.10) earnings per share. Analysts forecast that Stanley Black & Decker, Inc. will post 4.12 EPS for the current year.

Insider Activity

In related news, SVP Graham Robinson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $91.83, for a total transaction of $183,660.00. Following the completion of the sale, the senior vice president now directly owns 26,435 shares of the company’s stock, valued at $2,427,526.05. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.50% of the company’s stock.

About Stanley Black & Decker

(Free Report)

Stanley Black & Decker, Inc engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products.

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

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