Versor Investments LP Has $1.35 Million Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Versor Investments LP cut its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 15.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,754 shares of the industrial products company’s stock after selling 2,946 shares during the quarter. Versor Investments LP’s holdings in Stanley Black & Decker were worth $1,345,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ballentine Partners LLC bought a new stake in Stanley Black & Decker in the third quarter valued at approximately $216,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Stanley Black & Decker by 36.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,700 shares of the industrial products company’s stock worth $1,942,000 after purchasing an additional 4,756 shares in the last quarter. Forsta AP Fonden boosted its holdings in shares of Stanley Black & Decker by 2.5% during the 3rd quarter. Forsta AP Fonden now owns 37,100 shares of the industrial products company’s stock worth $4,086,000 after buying an additional 900 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Stanley Black & Decker by 1.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 78,530 shares of the industrial products company’s stock worth $8,648,000 after buying an additional 1,225 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at $318,000. Institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SWK. Citigroup reduced their price target 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 reduced their target price on 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. StockNews.com lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th. 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 report on Thursday, December 19th. Finally, Wells Fargo & Company decreased their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. 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 data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $103.00.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $87.39 on Thursday. The company has a market capitalization of $13.49 billion, a PE ratio of 45.05, a PEG ratio of 1.33 and a beta of 1.24. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The stock’s 50 day moving average price is $84.69 and its 200-day moving average price is $92.67. Stanley Black & Decker, Inc. has a twelve month low of $77.70 and a twelve month high of $110.88.

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 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%. On average, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

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 issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Tuesday, March 4th. Stanley Black & Decker’s payout ratio 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.