Gavekal Capital buys $14,007,474 stake in Stanley Black & Decker (SWK)

Stanley Black & Decker (SWK) : Gavekal Capital scooped up 72,258 additional shares in Stanley Black & Decker during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 12, 2016. The investment management firm now holds a total of 128,757 shares of Stanley Black & Decker which is valued at $14,007,474.Stanley Black & Decker makes up approximately 5.08% of Gavekal Capital’s portfolio.

Stanley Black & Decker closed down -0.17 points or -0.16% at $108.79 with 10,53,216 shares getting traded on Friday. Post opening the session at $109.19, the shares hit an intraday low of $108.41 and an intraday high of $109.47 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Bkd Wealth Advisors boosted its stake in SWK in the latest quarter, The investment management firm added 24 additional shares and now holds a total of 2,534 shares of Stanley Black & Decker which is valued at $275,674. Stanley Black & Decker makes up approx 0.04% of Bkd Wealth Advisors’s portfolio.Fruth Investment Management reduced its stake in SWK by selling 100 shares or 1.23% in the most recent quarter. The Hedge Fund company now holds 8,020 shares of SWK which is valued at $850,922. Stanley Black & Decker makes up approx 0.43% of Fruth Investment Management’s portfolio.Catawba Capital Management Va reduced its stake in SWK by selling 20 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 18,732 shares of SWK which is valued at $1,987,465. Stanley Black & Decker makes up approx 0.51% of Catawba Capital Management Va’s portfolio.

On the company’s financial health, Stanley Black & Decker reported $1.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.77. The company had revenue of $2845.40 million for the quarter, compared to analysts expectations of $2942.21 million. The company’s revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.56 EPS.

Stanley Black & Decker Inc. is a global provider of power and hand tools products and services. The Company provides products and services for various industrial applications mechanical access solutions (automatic doors and commercial locking systems) and electronic security and monitoring systems. The Company’s operating segments include: Construction & Do-It-Yourself (CDIY) Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group which includes outdoor products; the Hand Tools & Storage business and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR) Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.

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