Monte Financial Group LLC Has $5.04 Million Position in Stanley Black & Decker, Inc. (NYSE:SWK)

Monte Financial Group LLC boosted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,706 shares of the industrial products company’s stock after buying an additional 2,045 shares during the quarter. Stanley Black & Decker makes up about 2.2% of Monte Financial Group LLC’s portfolio, making the stock its 24th biggest position. Monte Financial Group LLC’s holdings in Stanley Black & Decker were worth $5,035,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SWK. UMB Bank n.a. grew its stake 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 in the last quarter. 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 worth $305,000 after purchasing an additional 103 shares during the last quarter. Empirical Finance LLC grew its position in Stanley Black & Decker by 2.1% in the third quarter. Empirical Finance LLC now owns 5,276 shares of the industrial products company’s stock valued at $581,000 after purchasing an additional 111 shares in the last quarter. Advisors Management Group Inc. ADV grew its position in Stanley Black & Decker by 3.2% in the third quarter. Advisors Management Group Inc. ADV now owns 3,820 shares of the industrial products company’s stock valued at $421,000 after purchasing an additional 117 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in 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 worth $1,740,000 after buying an additional 127 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $88.21 on Friday. The company has a market cap of $13.60 billion, a P/E ratio of -64.39, a P/E/G ratio of 1.85 and a beta of 1.24. The firm’s fifty day moving average price is $84.12 and its two-hundred day moving average price is $93.41. Stanley Black & Decker, Inc. has a one year low of $77.70 and a one year 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 posted its earnings results on Tuesday, October 29th. The industrial products company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.05 by $0.17. The company had revenue of $3.75 billion for 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 revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.05 earnings per share. Equities analysts expect that Stanley Black & Decker, Inc. will post 4.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wells Fargo & Company decreased their price objective on Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Thursday, December 19th. The Goldman Sachs Group raised their target price on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Finally, Robert W. Baird dropped their price target on shares of 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. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and an average price target of $101.25.

Stanley Black & Decker Company Profile

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.