Vontobel Holding Ltd. Buys 2,287 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Vontobel Holding Ltd. boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 112.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,329 shares of the industrial products company’s stock after buying an additional 2,287 shares during the period. Vontobel Holding Ltd.’s holdings in Stanley Black & Decker were worth $348,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SWK. Ridgewood Investments LLC bought a new position in Stanley Black & Decker in the 4th quarter valued at approximately $36,000. Crews Bank & Trust acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $49,000. R Squared Ltd acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $54,000. Waldron Private Wealth LLC acquired a new stake in shares of Stanley Black & Decker during the third quarter worth $59,000. Finally, Sunbelt Securities Inc. grew its holdings in Stanley Black & Decker by 363.8% in the third quarter. Sunbelt Securities Inc. now owns 654 shares of the industrial products company’s stock worth $72,000 after purchasing an additional 513 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Robert W. Baird lowered their price objective on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company lowered 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 report on Tuesday, January 7th. UBS Group reduced their target price on shares of 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. Finally, Mizuho upgraded shares of Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and a consensus price target of $103.00.

Stanley Black & Decker Trading Up 1.9 %

Stanley Black & Decker stock opened at $89.96 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The stock’s 50 day simple moving average is $84.08 and its two-hundred day simple moving average is $92.91. The firm has a market cap of $13.87 billion, a PE ratio of 46.37, a P/E/G ratio of 1.30 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 (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%. Analysts anticipate that Stanley Black & Decker, Inc. will post 5.12 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business 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 $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 169.07%.

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.