Fort Washington Investment Advisors Inc. OH, a prestigious investment management firm, recently acquired Stanley Black & Decker, Inc. (NYSE:SWK) has significantly increased its holdings. The fund now owns 904,827 shares of the industrial products company’s stock after acquiring an additional 94,438 shares during the fourth quarter of last year, according to its most recent filing with the Securities and Exchange Commission. This equates to an 11.7% increase in holdings for Fort Washington Investment Advisors Inc., OH.

These additional shares are worth an astounding $67,971,000 – making this one of the most impressive financial moves ever from Fort Washington Investment Advisors Inc., OH. It is worth noting that prior to this latest investment increase, the firm owned 0.61% of Stanley Black & Decker’s total portfolio; It is still unclear whether this number will be revised upwards after this buy-in.

In addition to this significant increase in ownership percentage among shareholders, Stanley Black & Decker also announced that they will propose a quarterly dividend payment on Tuesday, March 21st. Investors of record on Tuesday, March 7th earned a $0.80 dividend and benefited from the ex-dividend date set for Monday, March 6th resulting in an annualized return of more than four percent based on current stock prices.

Furthermore, a recent legal filing with the SEC revealed that SVP Janet Link sold more than two thousand shares of her remaining vested ownership in Stanley Black & Decker at an average trade value of two hundred thousand dollars; However, he still owns about thirty-six thousand shares in public record documents that are still highly valued in light of uncertain global economic trends.

Overall, these new developments are very interesting for business analysts and could serve as a backdrop for future renewable growth for shareholder returns in the coming quarters – strong fundamentals embraced by Stanley Black & Decker Corporate Structure, Fort Washington Investment Advisors Inc OH. Their belief in the long-term sustainability of business models and global leadership strategies.

Hedge funds show interest in Stanley Black & Decker as stock news suggests sell-off

Stanley Black & Decker, Inc., a leading global industrial products company that provides tools and advanced industry solutions, recently saw an increase in interest from hedge funds and other institutional investors. Many of these institutions added to or reduced their stakes in the company in Q1 2017. Panagora Asset Management led the way with increased holdings growing its stake by 3.5% worth $397,000 after purchasing an additional 96 shares of the company’s stock during the period alone.

On the other hand, StockNews.com released a recent research report suggesting that Stanley Black & Decker is not a “hold” for long-term investment purposes but could benefit from selling as soon as possible. Other equity analysts have commented on the issue, including target price adjustments and rating revisions for the industrial giant.

Despite several releases of downgrade ratings from some researchers, it is worth noting that Stanley Black & Decker announced a dividend rate of $0.80 per share to be paid to shareholders on March 21 after ex-dividend payment on March 6.

NYSE:SWK traded at $75.62 per share following earnings results released in February this year that showed quarterly revenue at $4 billion although down 1.7% from the same quarter last year.

While Stanley Black & Decker works to maintain its presence among competitors with relevant market acquisitions such as Infologix Service and Development LLC—a provider of mobile-workforce management solutions—the growing competition in their various verticals cannot be ignored in assessing their prospects for future success.

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