Quantbot Technologies LP Purchases 70,427 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Quantbot Technologies LP raised its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 673.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 80,881 shares of the industrial products company’s stock after buying an additional 70,427 shares during the period. Quantbot Technologies LP’s holdings in Stanley Black & Decker were worth $6,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ridgewood Investments LLC bought a new stake in shares of Stanley Black & Decker during the 4th quarter valued at $36,000. Cape Investment Advisory Inc. increased its stake in shares of Stanley Black & Decker by 107.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 458 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 237 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in Stanley Black & Decker in the fourth quarter valued at about $40,000. SRS Capital Advisors Inc. grew its position 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. Finally, Montag A & Associates Inc. acquired a new position in Stanley Black & Decker during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $79.38 on Friday. The company has a market capitalization of $12.26 billion, a price-to-earnings ratio of 40.92, a PEG ratio of 1.33 and a beta of 1.25. The company has a current ratio of 1.30, a quick ratio of 0.37 and a debt-to-equity ratio of 0.64. The stock has a 50 day moving average of $85.47 and a 200 day moving average of $91.71. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.49 earnings per share for the quarter, topping 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%. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $3.28 annualized dividend and a yield of 4.13%. Stanley Black & Decker’s dividend payout ratio is currently 169.07%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SWK. Jefferies Financial Group initiated 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 objective for the company. 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. Barclays cut their price target on shares of Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Thursday, December 19th. Finally, Citigroup lowered their price objective on 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 given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $103.00.

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 Outdoor and Industrial segments.