Blackhawk Capital Partners LLC. Has $1.68 Million Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Blackhawk Capital Partners LLC. trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,225 shares of the industrial products company’s stock after selling 256 shares during the quarter. Blackhawk Capital Partners LLC.’s holdings in Stanley Black & Decker were worth $1,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. UMB Bank n.a. lifted its holdings in shares of 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 worth $233,000 after acquiring an additional 96 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in Stanley Black & Decker by 0.8% during the second quarter. Oregon Public Employees Retirement Fund now owns 13,200 shares of the industrial products company’s stock worth $1,055,000 after purchasing an additional 100 shares during the period. Castleview Partners LLC boosted its holdings 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 purchasing an additional 103 shares in the last quarter. Empirical Finance LLC raised its holdings in shares of Stanley Black & Decker by 2.1% in the 3rd quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock worth $581,000 after buying an additional 111 shares in the last quarter. Finally, Advisors Management Group Inc. ADV lifted its position in shares of Stanley Black & Decker by 3.2% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock worth $421,000 after buying an additional 117 shares during the period. 87.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. StockNews.com lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. UBS Group lifted their price target on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. upped their price objective on shares of Stanley Black & Decker from $80.00 to $88.00 and gave the stock an “underweight” rating in a research note on Monday, August 5th. Robert W. Baird reduced their target price on Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Finally, Morgan Stanley dropped their price target on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $102.29.

Stanley Black & Decker Trading Down 1.0 %

Shares of Stanley Black & Decker stock opened at $85.42 on Thursday. The firm has a 50 day simple moving average of $100.58 and a 200 day simple moving average of $93.77. Stanley Black & Decker, Inc. has a fifty-two week low of $77.70 and a fifty-two week high of $110.88. 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 released its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.17. The company had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.80 billion. Stanley Black & Decker had a positive return on equity of 6.44% and a negative net margin of 1.33%. The firm’s quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 earnings per share. On average, analysts anticipate that Stanley Black & Decker, Inc. will post 4.13 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Friday, November 29th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $3.28 annualized dividend and a yield of 3.84%. Stanley Black & Decker’s dividend payout ratio is currently -239.42%.

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.