2,279 Shares in Stanley Black & Decker, Inc. (NYSE:SWK) Acquired by Strategic Blueprint LLC

Strategic Blueprint LLC purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,279 shares of the industrial products company’s stock, valued at approximately $251,000.

Other large investors also recently added to or reduced their stakes in the company. Sei Investments Co. grew its position in Stanley Black & Decker by 11.0% in the 1st quarter. Sei Investments Co. now owns 137,385 shares of the industrial products company’s stock valued at $13,454,000 after acquiring an additional 13,659 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Stanley Black & Decker by 60.9% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 29,455 shares of the industrial products company’s stock valued at $2,353,000 after acquiring an additional 11,151 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in Stanley Black & Decker by 6.7% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,702 shares of the industrial products company’s stock valued at $460,000 after acquiring an additional 297 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its position in Stanley Black & Decker by 6.9% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 121,614 shares of the industrial products company’s stock valued at $11,920,000 after acquiring an additional 7,826 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Stanley Black & Decker by 196.9% in the 1st quarter. Russell Investments Group Ltd. now owns 106,499 shares of the industrial products company’s stock worth $10,429,000 after buying an additional 70,625 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Up 0.5 %

Shares of NYSE SWK opened at $93.38 on Friday. The business has a fifty day moving average price of $103.28 and a 200 day moving average price of $93.77. Stanley Black & Decker, Inc. has a 1-year low of $77.70 and a 1-year high of $110.88. The stock has a market capitalization of $14.40 billion, a P/E ratio of -68.16, a price-to-earnings-growth ratio of 2.53 and a beta of 1.24. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 0.42.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.17. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The company had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same period in the prior year, the company posted $1.05 EPS. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. Equities research analysts expect that Stanley Black & Decker, Inc. will post 4.12 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Friday, November 29th will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, November 29th. Stanley Black & Decker’s dividend payout ratio is presently -239.42%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Barclays upped their target price on Stanley Black & Decker from $96.00 to $100.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group upped their target price on Stanley Black & Decker from $94.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, October 10th. Wells Fargo & Company lowered their target price on Stanley Black & Decker from $104.00 to $100.00 and set an “equal weight” rating for the company in a report on Wednesday. Morgan Stanley lowered their target price on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, UBS Group upped their price objective on Stanley Black & Decker from $110.00 to $121.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Stanley Black & Decker has a consensus rating of “Hold” and a consensus price target of $102.29.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.