Do Institutional Investors Hate Stanley Black & Decker Inc (NYSE:SWK)?

July 16, 2018 - By Pearl Odom

Stanley Black & Decker, Inc. (NYSE:SWK) Logo

Sentiment for Stanley Black & Decker Inc (NYSE:SWK)

Stanley Black & Decker Inc (NYSE:SWK) institutional sentiment decreased to 0.9 in 2018 Q1. Its down -0.13, from 1.03 in 2017Q4. The ratio turned negative, as 256 institutional investors opened new and increased equity positions, while 283 sold and decreased positions in Stanley Black & Decker Inc. The institutional investors in our partner’s database now have: 124.36 million shares, down from 125.92 million shares in 2017Q4. Also, the number of institutional investors holding Stanley Black & Decker Inc in their top 10 equity positions decreased from 7 to 3 for a decrease of 4. Sold All: 49 Reduced: 234 Increased: 188 New Position: 68.

Stanley Black & Decker, Inc. provides tools and storage, commercial electronic security, and engineered fastening systems worldwide. The company has market cap of $20.76 billion. The Company’s Tools & Storage segment provides corded and cordless electric power tools and equipment, including drills, wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staples, and anchors; lawn and garden products comprising trimmers, mowers, edgers, and related accessories; home products, such as vacuums, paint tools, and cleaning appliances; power tool accessories that include drill and router bits, abrasives, and saw blades; measuring, leveling, and layout tools; planes, hammers, demolition tools, knives, saws, chisels, and industrial and automotive tools; and storage products, such as tool boxes, sawhorses, medical cabinets, and engineered storage products. It has a 20.54 P/E ratio. The companyÂ’s Security segment offers alarm monitoring, video surveillance, fire alarm monitoring, systems integration, and system maintenance services; markets asset tracking, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products; sells automatic doors, commercial hardware, locking mechanisms, electronic keyless entry systems, keying systems, and tubular and mortise door locksets.

The stock decreased 0.76% or $1.03 during the last trading session, reaching $134.54. About 356,043 shares traded. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 7.55% since July 16, 2017 and is uptrending. It has underperformed by 5.02% the S&P500.

Analysts await Stanley Black & Decker, Inc. (NYSE:SWK) to report earnings on July, 20 before the open. They expect $2.03 earnings per share, up 1.00 % or $0.02 from last year’s $2.01 per share. SWK’s profit will be $313.25 million for 16.57 P/E if the $2.03 EPS becomes a reality. After $1.39 actual earnings per share reported by Stanley Black & Decker, Inc. for the previous quarter, Wall Street now forecasts 46.04 % EPS growth.

Delta Asset Management Llc Tn holds 5.32% of its portfolio in Stanley Black & Decker, Inc. for 233,845 shares. Davis owns 42,888 shares or 4.17% of their US portfolio. Moreover, Fiduciary Management Inc Wi has 2.88% invested in the company for 3.08 million shares. The Montana-based Stack Financial Management Inc has invested 2.52% in the stock. Peloton Wealth Strategists, a Indiana-based fund reported 19,250 shares.

Since January 1, 0001, it had 1 insider purchase, and 1 sale for $447,181 activity.

Stanley Black & Decker, Inc. (NYSE:SWK) Ratings Coverage

Ratings analysis reveals 90% of Stanley Black & Decker Inc’s analysts are positive. Out of 10 Wall Street analysts rating Stanley Black & Decker Inc, 9 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $162 while the high is $204.0. The stock’s average target of $182.90 is 35.94% above today’s ($134.54) share price. SWK was included in 17 notes of analysts from January 23, 2018. The firm earned “Buy” rating on Tuesday, January 23 by UBS. Susquehanna maintained the stock with “Buy” rating in Monday, April 23 report. On Tuesday, January 23 the stock rating was maintained by Seaport Global with “Buy”. The firm has “Hold” rating by Robert W. Baird given on Wednesday, January 24. Barclays Capital maintained the shares of SWK in report on Monday, April 23 with “Overweight” rating. The company was maintained on Monday, July 9 by Barclays Capital. The firm has “Buy” rating by Northcoast given on Tuesday, April 24. Morgan Stanley maintained the shares of SWK in report on Monday, March 12 with “Overweight” rating. Northcoast maintained it with “Buy” rating and $204.0 target in Monday, January 29 report. Susquehanna maintained Stanley Black & Decker, Inc. (NYSE:SWK) rating on Thursday, January 25. Susquehanna has “Buy” rating and $196.0 target.

More recent Stanley Black & Decker, Inc. (NYSE:SWK) news were published by: Seekingalpha.com which released: “Barac Value Fund Q2 2018 Commentary” on July 03, 2018. Also Seekingalpha.com published the news titled: “Stanley Black & Decker: I Still Remain Optimistic” on July 06, 2018. Seekingalpha.com‘s news article titled: “Banks lead group of expected dividend hikers next week” with publication date: July 13, 2018 was also an interesting one.

Stanley Black & Decker, Inc. (NYSE:SWK) Institutional Positions Chart

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