Advisor Group Holdings Inc. Grows Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Advisor Group Holdings Inc. grew its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWKGet Rating) by 20.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,778 shares of the industrial products company’s stock after buying an additional 6,311 shares during the quarter. Advisor Group Holdings Inc.’s holdings in Stanley Black & Decker were worth $7,127,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC increased its holdings in shares of Stanley Black & Decker by 0.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 30,977 shares of the industrial products company’s stock valued at $5,843,000 after purchasing an additional 184 shares during the period. HHM Wealth Advisors LLC acquired a new stake in shares of Stanley Black & Decker during the 4th quarter valued at about $107,000. Pacer Advisors Inc. lifted its holdings in shares of Stanley Black & Decker by 13.5% during the 4th quarter. Pacer Advisors Inc. now owns 10,156 shares of the industrial products company’s stock valued at $1,916,000 after buying an additional 1,209 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Stanley Black & Decker by 16.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 39,060 shares of the industrial products company’s stock valued at $6,822,000 after acquiring an additional 5,377 shares in the last quarter. Finally, KBC Group NV raised its stake in shares of Stanley Black & Decker by 1,869.1% in the 4th quarter. KBC Group NV now owns 377,238 shares of the industrial products company’s stock valued at $71,154,000 after acquiring an additional 358,080 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

In other news, SVP Stephen Subasic sold 6,611 shares of the stock in a transaction that occurred on Friday, February 25th. The stock was sold at an average price of $155.91, for a total transaction of $1,030,721.01. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Jocelyn Belisle sold 3,244 shares of the stock in a transaction that occurred on Monday, March 7th. The stock was sold at an average price of $157.71, for a total value of $511,611.24. The disclosure for this sale can be found here. 0.93% of the stock is currently owned by company insiders.

SWK opened at $141.49 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $136.62 and a 12-month high of $225.00. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 1.29 and a beta of 1.37. The business has a 50 day moving average of $149.03 and a 200-day moving average of $171.36. The company has a quick ratio of 0.35, a current ratio of 0.97 and a debt-to-equity ratio of 0.40.

Stanley Black & Decker (NYSE:SWKGet Rating) last released its quarterly earnings data on Tuesday, February 1st. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.06 by $0.08. Stanley Black & Decker had a return on equity of 17.27% and a net margin of 10.04%. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.46 billion. During the same period last year, the firm posted $3.29 earnings per share. The business’s revenue was up 1.6% on a year-over-year basis. As a group, analysts expect that Stanley Black & Decker, Inc. will post 12.12 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 21st. Stockholders of record on Tuesday, June 7th will be given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.23%. Stanley Black & Decker’s payout ratio is 30.56%.

Several analysts recently commented on SWK shares. Citigroup lowered Stanley Black & Decker from a “buy” rating to a “sell” rating and decreased their price target for the company from $215.00 to $145.00 in a research note on Monday, February 7th. The Goldman Sachs Group dropped their price objective on Stanley Black & Decker from $184.00 to $160.00 and set a “neutral” rating for the company in a report on Thursday, April 7th. TheStreet downgraded Stanley Black & Decker from a “b-” rating to a “c+” rating in a report on Wednesday, March 30th. Barclays lowered their price target on Stanley Black & Decker from $220.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, April 4th. Finally, Zacks Investment Research upgraded Stanley Black & Decker from a “sell” rating to a “hold” rating and set a $198.00 price target for the company in a report on Monday, January 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker has a consensus rating of “Buy” and an average price target of $180.67.

About Stanley Black & Decker (Get Rating)

Stanley Black & Decker, Inc engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products.

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

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