Stanley Black & Decker, Inc. (NYSE:SWK) Receives $102.20 Average PT from Analysts

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have been given an average rating of “Hold” by the ten research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $102.20.

SWK has been the subject of a number of research reports. Barclays dropped their target price on shares of Stanley Black & Decker from $94.00 to $86.00 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Citigroup cut their price objective on shares of Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating for the company in a report on Thursday, February 6th. UBS Group decreased their target price on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Mizuho upgraded 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. Finally, Wells Fargo & Company reduced their price objective on 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.

Institutional Investors Weigh In On Stanley Black & Decker

Institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP increased its holdings in Stanley Black & Decker by 14.0% in the 4th quarter. Wellington Management Group LLP now owns 9,673 shares of the industrial products company’s stock valued at $777,000 after purchasing an additional 1,188 shares during the last quarter. 111 Capital purchased a new position in shares of Stanley Black & Decker during the fourth quarter worth $313,000. Siemens Fonds Invest GmbH grew its stake in shares of Stanley Black & Decker by 21.9% in the fourth quarter. Siemens Fonds Invest GmbH now owns 3,819 shares of the industrial products company’s stock valued at $307,000 after buying an additional 687 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Stanley Black & Decker in the 4th quarter valued at $10,551,000. Finally, Jefferies Financial Group Inc. acquired a new position in Stanley Black & Decker during the 4th quarter worth about $215,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 0.7 %

Shares of Stanley Black & Decker stock opened at $76.94 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 has a twelve month low of $74.31 and a twelve month high of $110.88. The firm has a market capitalization of $11.89 billion, a PE ratio of 39.66, a P/E/G ratio of 1.33 and a beta of 1.25. The firm’s 50-day moving average price is $84.88 and its 200 day moving average price is $89.95.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a return on equity of 7.50% and a net margin of 1.92%. On average, sell-side analysts predict that Stanley Black & Decker will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th were issued a $0.82 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 4.26%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 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 Outdoor and Industrial segments.