Crown Oak Advisors LLC Trims Stake in Stanley Black & Decker, Inc. (NYSE:SWK)

Crown Oak Advisors LLC lowered its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,809 shares of the industrial products company’s stock after selling 212 shares during the period. Stanley Black & Decker makes up approximately 0.5% of Crown Oak Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Crown Oak Advisors LLC’s holdings in Stanley Black & Decker were worth $948,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Rise Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 99.3% in the third quarter. Rise Advisors LLC now owns 267 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 133 shares during the period. Ridgewood Investments LLC purchased a new stake in shares of Stanley Black & Decker in the 4th quarter worth $36,000. EverSource Wealth Advisors LLC increased its stake in shares of Stanley Black & Decker by 81.4% during the second quarter. EverSource Wealth Advisors LLC now owns 528 shares of the industrial products company’s stock valued at $42,000 after buying an additional 237 shares during the period. Waldron Private Wealth LLC bought a new stake in shares of Stanley Black & Decker in the third quarter valued at about $59,000. Finally, Armstrong Advisory Group Inc. purchased a new stake in Stanley Black & Decker in the third quarter worth about $72,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on SWK. The Goldman Sachs Group boosted their price target on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Mizuho upgraded Stanley Black & Decker from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Thursday, December 19th. Morgan Stanley dropped their price objective on shares of Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 30th. Wells Fargo & Company reduced their price target on shares of Stanley Black & Decker from $95.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and an average price target of $101.25.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $88.60 on Friday. Stanley Black & Decker, Inc. has a 1 year low of $77.70 and a 1 year high of $110.88. The company has a fifty day moving average of $84.01 and a two-hundred day moving average of $93.39. 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 issued its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $1.22 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.80 billion. During the same period last year, the company earned $1.05 earnings per share. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. On average, equities analysts anticipate that Stanley Black & Decker, Inc. will post 4.14 earnings per share for the current fiscal year.

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.