BerganKDV Wealth Management LLC boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 0.5% during the third quarter, Holdings Channel reports. The institutional investor owned 5,616 shares of the company’s stock after buying an additional 26 shares during the period. BerganKDV Wealth Management LLC’s holdings in Stanley Black & Decker were worth $691,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in Stanley Black & Decker by 9.3% in the third quarter. Wells Fargo & Company MN now owns 4,516,562 shares of the company’s stock valued at $555,446,000 after buying an additional 385,149 shares in the last quarter. Manning & Napier Advisors LLC boosted its position in Stanley Black & Decker by 0.5% in the third quarter. Manning & Napier Advisors LLC now owns 21,843 shares of the company’s stock valued at $2,685,000 after buying an additional 118 shares in the last quarter. Capital Fund Management S.A. boosted its position in Stanley Black & Decker by 31.0% in the third quarter. Capital Fund Management S.A. now owns 6,875 shares of the company’s stock valued at $845,000 after buying an additional 1,626 shares in the last quarter. Kissinger Financial Services LLC purchased a new position in Stanley Black & Decker during the third quarter valued at about $353,000. Finally, Synovus Financial Corp boosted its position in Stanley Black & Decker by 39.6% in the third quarter. Synovus Financial Corp now owns 3,185 shares of the company’s stock valued at $391,000 after buying an additional 903 shares in the last quarter. Institutional investors and hedge funds own 83.49% of the company’s stock.

Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

Stanley Black & Decker, Inc. (NYSE:SWK) traded up 0.48% during midday trading on Friday, hitting $119.33. The stock had a trading volume of 813,779 shares. The company’s 50 day moving average price is $118.08 and its 200-day moving average price is $119.55. Stanley Black & Decker, Inc. has a 52 week low of $88.72 and a 52 week high of $126.72. The stock has a market capitalization of $17.98 billion, a price-to-earnings ratio of 18.15 and a beta of 1.14.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Thursday, October 27th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.62 by $0.06. The company earned $2.90 billion during the quarter, compared to analyst estimates of $2.89 billion. Stanley Black & Decker had a return on equity of 16.77% and a net margin of 8.61%. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned $1.55 earnings per share. Equities analysts anticipate that Stanley Black & Decker, Inc. will post $6.49 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Friday, December 2nd were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 1.94%. The ex-dividend date was Wednesday, November 30th. Stanley Black & Decker’s dividend payout ratio is 35.31%.

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Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Stanley Black & Decker from a “sell” rating to a “hold” rating in a report on Friday, January 6th. Imperial Capital restated an “in-line” rating and set a $125.00 target price on shares of Stanley Black & Decker in a report on Friday, December 23rd. Finally, Macquarie began coverage on Stanley Black & Decker in a report on Friday, December 16th. They set an “outperform” rating and a $137.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $119.73.

In other news, Director Michael David Hankin purchased 450 shares of the stock in a transaction on Friday, October 28th. The shares were acquired at an average price of $114.54 per share, for a total transaction of $51,543.00. Following the completion of the transaction, the director now directly owns 900 shares of the company’s stock, valued at approximately $103,086. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman John F. Lundgren sold 75,000 shares of the firm’s stock in a transaction dated Thursday, November 10th. The shares were sold at an average price of $125.00, for a total value of $9,375,000.00. Following the sale, the chairman now owns 603,677 shares in the company, valued at approximately $75,459,625. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc is a provider of hand tools, power tools and related accessories, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications.

5 Day Chart for NYSE:SWK

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