Oppenheimer & Company INC Maintains Stake in Stanley Black & Decker INC (SWK)

April 19, 2018 - By Peter Erickson

Stanley Black & Decker, Inc. (NYSE:SWK) LogoInvestors sentiment decreased to 1.03 in Q4 2017. Its down 0.07, from 1.1 in 2017Q3. It turned negative, as 35 investors sold SWK shares while 229 reduced holdings. 89 funds opened positions while 182 raised stakes. 125.92 million shares or 0.99% less from 127.17 million shares in 2017Q3 were reported. 10,846 are held by Panagora Asset Mgmt. Comerica Secs Incorporated stated it has 1,301 shares. Lateef Invest Mngmt Lp holds 176,720 shares or 2.85% of its portfolio. Atalanta Sosnoff Capital Ltd Liability Corporation invested in 196,074 shares. Columbia Prtn L L C Invest Mgmt holds 20,285 shares or 0.46% of its portfolio. New South Cap Mgmt owns 2.1% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 534,186 shares. Goldman Sachs Gp reported 1.47M shares. Foster Motley reported 16,045 shares. Orrstown Services owns 500 shares. Sumitomo Mitsui Trust Holding Inc accumulated 442,279 shares. Fin Engines Limited Liability Corp has 0% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 9 shares. Umb Retail Bank N A Mo owns 1,916 shares or 0.01% of their US portfolio. Gradient Invs Limited stated it has 0% in Stanley Black & Decker, Inc. (NYSE:SWK). Lombard Odier Asset Mngmt (Europe) reported 1,948 shares. Eagle Ridge Inv Mgmt reported 0.06% in Stanley Black & Decker, Inc. (NYSE:SWK).

Since October 25, 2017, it had 0 insider purchases, and 4 insider sales for $14.43 million activity. On Wednesday, October 25 Ansell Jeffrey D sold $1.84M worth of Stanley Black & Decker, Inc. (NYSE:SWK) or 11,221 shares. LOREE JAMES M also sold $11.41 million worth of Stanley Black & Decker, Inc. (NYSE:SWK) on Monday, October 30.

Oppenheimer & Company Inc increased its stake in Stanley Black & Decker Inc (SWK) by 159.74% based on its latest 2017Q4 regulatory filing with the SEC. Oppenheimer & Company Inc bought 20,065 shares as the company’s stock declined 8.99% with the market. The institutional investor held 32,626 shares of the capital goods company at the end of 2017Q4, valued at $5.54 million, up from 12,561 at the end of the previous reported quarter. Oppenheimer & Company Inc who had been investing in Stanley Black & Decker Inc for a number of months, seems to be bullish on the $23.60B market cap company. The stock decreased 2.71% or $4.27 during the last trading session, reaching $153.11. About 1.24 million shares traded. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 16.50% since April 19, 2017 and is uptrending. It has outperformed by 4.95% the S&P500.

Oppenheimer & Company Inc, which manages about $8.66 billion and $3.88 billion US Long portfolio, decreased its stake in Price T Rowe Group Inc (NASDAQ:TROW) by 32,093 shares to 16,198 shares, valued at $1.70 million in 2017Q4, according to the filing. It also reduced its holding in Navigator Holdings Ltd (NYSE:NVGS) by 390,088 shares in the quarter, leaving it with 1.54 million shares, and cut its stake in Dicks Sporting Goods Inc (NYSE:DKS).

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

Among 12 analysts covering Stanley Black & Decker (NYSE:SWK), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Stanley Black & Decker had 17 analyst reports since October 20, 2017 according to SRatingsIntel. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) has “Buy” rating given on Friday, November 17 by KeyBanc Capital Markets. Morgan Stanley maintained the stock with “Overweight” rating in Monday, March 12 report. Northcoast maintained Stanley Black & Decker, Inc. (NYSE:SWK) rating on Monday, January 29. Northcoast has “Buy” rating and $204.0 target. Seaport Global maintained it with “Buy” rating and $193.0 target in Tuesday, January 23 report. The firm has “Buy” rating given on Tuesday, January 23 by UBS. Northcoast initiated the shares of SWK in report on Friday, October 20 with “Buy” rating. The firm earned “Buy” rating on Thursday, January 25 by Susquehanna. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, January 24. As per Friday, January 12, the company rating was maintained by Susquehanna. The firm has “Neutral” rating given on Wednesday, October 25 by Robert W. Baird.

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

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