Mutual of America Capital Management LLC Has $1.48 Million Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Mutual of America Capital Management LLC trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,471 shares of the industrial products company’s stock after selling 492 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Stanley Black & Decker were worth $1,483,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Argyle Capital Management LLC boosted its holdings in Stanley Black & Decker by 197.5% during the fourth quarter. Argyle Capital Management LLC now owns 5,950 shares of the industrial products company’s stock worth $478,000 after buying an additional 3,950 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Stanley Black & Decker during the 4th quarter valued at about $1,747,000. New York Life Investment Management LLC lifted its holdings in shares of Stanley Black & Decker by 0.9% during the 4th quarter. New York Life Investment Management LLC now owns 20,725 shares of the industrial products company’s stock valued at $1,664,000 after purchasing an additional 181 shares in the last quarter. National Pension Service lifted its holdings in shares of Stanley Black & Decker by 485.1% during the 4th quarter. National Pension Service now owns 290,385 shares of the industrial products company’s stock valued at $23,315,000 after purchasing an additional 240,752 shares in the last quarter. Finally, Illinois Municipal Retirement Fund bought a new position in shares of Stanley Black & Decker during the 4th quarter valued at about $959,000. Institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on SWK shares. Jefferies Financial Group started coverage on 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. Wells Fargo & Company dropped their price target on 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. Barclays dropped their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 8th. UBS Group lowered their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Finally, Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Stock Performance

SWK opened at $89.07 on Friday. The business’s fifty day moving average is $85.27 and its 200-day moving average is $92.12. The firm has a market cap of $13.75 billion, a P/E ratio of 45.91, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.37 and a current ratio of 1.30. 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 announced its quarterly earnings results 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%. Sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

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 issued 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 yield of 3.68%. Stanley Black & Decker’s payout ratio is currently 169.07%.

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.