Arkadios Wealth Advisors Grows Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Arkadios Wealth Advisors lifted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 26.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,315 shares of the industrial products company’s stock after acquiring an additional 1,107 shares during the period. Arkadios Wealth Advisors’ holdings in Stanley Black & Decker were worth $427,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in Stanley Black & Decker by 4.7% during the 3rd quarter. UMB Bank n.a. now owns 2,118 shares of the industrial products company’s stock valued at $233,000 after buying an additional 96 shares in the last quarter. Castleview Partners LLC grew its stake in Stanley Black & Decker by 3.9% during the third quarter. Castleview Partners LLC now owns 2,772 shares of the industrial products company’s stock valued at $305,000 after acquiring an additional 103 shares in the last quarter. Empirical Finance LLC increased its holdings in Stanley Black & Decker by 2.1% during the 3rd quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after acquiring an additional 111 shares during the period. Advisors Management Group Inc. ADV lifted its stake in Stanley Black & Decker by 3.2% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 117 shares in the last quarter. Finally, MML Investors Services LLC grew its position in shares of Stanley Black & Decker by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 15,798 shares of the industrial products company’s stock valued at $1,740,000 after purchasing an additional 127 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

Shares of Stanley Black & Decker stock opened at $86.32 on Thursday. The stock has a market capitalization of $13.31 billion, a price-to-earnings ratio of -63.01, a price-to-earnings-growth ratio of 1.81 and a beta of 1.24. The company has a fifty day moving average of $84.01 and a 200-day moving average of $93.44. Stanley Black & Decker, Inc. has a 52-week low of $77.70 and a 52-week high of $110.88. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.42 and a current ratio of 1.29.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.80 billion. During the same period last year, the firm earned $1.05 earnings per share. The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. Equities research analysts expect that Stanley Black & Decker, Inc. will post 4.14 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on SWK shares. Robert W. Baird lowered their price objective on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Mizuho raised Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a report on Thursday, December 19th. The Goldman Sachs Group upped their price objective on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Morgan Stanley dropped their target price on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th. Finally, Barclays decreased 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $101.25.

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 Storage segment, and Industrial segment.