Montecito Bank & Trust boosted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,964 shares of the industrial products company’s stock after purchasing an additional 157 shares during the quarter. Montecito Bank & Trust’s holdings in Stanley Black & Decker were worth $594,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SWK. Legacy Financial Advisors Inc. lifted its position in shares of Stanley Black & Decker by 72.8% in the fourth quarter. Legacy Financial Advisors Inc. now owns 330 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 139 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $57,000. CWM LLC lifted its position in shares of Stanley Black & Decker by 40.2% in the fourth quarter. CWM LLC now owns 617 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 177 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in shares of Stanley Black & Decker by 20,766.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 626 shares of the industrial products company’s stock valued at $75,000 after acquiring an additional 623 shares in the last quarter. Finally, Rational Advisors LLC lifted its position in shares of Stanley Black & Decker by 6,076.9% in the third quarter. Rational Advisors LLC now owns 803 shares of the industrial products company’s stock valued at $117,000 after acquiring an additional 790 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Shares of Stanley Black & Decker stock opened at $126.82 on Monday. Stanley Black & Decker, Inc. has a one year low of $106.41 and a one year high of $164.94. The company has a market cap of $19.16 billion, a P/E ratio of 15.56, a P/E/G ratio of 1.56 and a beta of 1.24. The company has a current ratio of 1.16, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, January 22nd. The industrial products company reported $2.11 EPS for the quarter, topping the Zacks’ consensus estimate of $2.10 by $0.01. Stanley Black & Decker had a return on equity of 16.29% and a net margin of 4.62%. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.62 billion. During the same quarter last year, the business posted $2.18 earnings per share. The firm’s revenue was up 4.9% compared to the same quarter last year. On average, research analysts predict that Stanley Black & Decker, Inc. will post 8.56 earnings per share for the current year.

SWK has been the topic of several research reports. Zacks Investment Research downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a research report on Monday, October 15th. Robert W. Baird set a $154.00 target price on Stanley Black & Decker and gave the company a “hold” rating in a research report on Tuesday, October 16th. Credit Suisse Group set a $160.00 target price on Stanley Black & Decker and gave the company a “buy” rating in a research report on Wednesday, October 17th. Gabelli upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research report on Monday, October 22nd. Finally, KeyCorp set a $170.00 target price on Stanley Black & Decker and gave the company a “buy” rating in a research report on Friday, October 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $156.53.

In other Stanley Black & Decker news, SVP Jaime A. Ramirez sold 600 shares of the firm’s stock in a transaction on Thursday, January 24th. The stock was sold at an average price of $118.69, for a total transaction of $71,214.00. Following the completion of the sale, the senior vice president now owns 35,048 shares of the company’s stock, valued at $4,159,847.12. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.69% of the company’s stock.

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Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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