Mather Group LLC. Acquires 151 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Mather Group LLC. increased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,506 shares of the industrial products company’s stock after buying an additional 151 shares during the period. Mather Group LLC.’s holdings in Stanley Black & Decker were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rise Advisors LLC lifted its holdings in shares of Stanley Black & Decker by 99.3% during the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 133 shares in the last quarter. Ridgewood Investments LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at about $36,000. Crews Bank & Trust bought a new position in Stanley Black & Decker in the fourth quarter valued at about $49,000. R Squared Ltd bought a new position in Stanley Black & Decker in the fourth quarter valued at about $54,000. Finally, Waldron Private Wealth LLC bought a new position in Stanley Black & Decker in the third quarter valued at about $59,000. 87.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on SWK shares. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. UBS Group decreased their price objective on Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday. StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Morgan Stanley decreased their price objective on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 30th. Finally, Robert W. Baird decreased their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $103.00.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $86.56 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.42 and a debt-to-equity ratio of 0.63. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88. The stock has a 50-day moving average price of $83.97 and a 200 day moving average price of $93.47. The stock has a market capitalization of $13.34 billion, a P/E ratio of -63.18, a P/E/G ratio of 1.90 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last released its quarterly 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 positive return on equity of 6.44% and a negative net margin of 1.33%. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 4.14 EPS for the current fiscal year.

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.