FDx Advisors Inc. cut its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 2.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,157 shares of the industrial products company’s stock after selling 421 shares during the quarter. FDx Advisors Inc.’s holdings in Stanley Black & Decker were worth $2,288,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of SWK. Mutual of America Capital Management LLC increased its stake in shares of Stanley Black & Decker by 2.9% in the third quarter. Mutual of America Capital Management LLC now owns 32,314 shares of the industrial products company’s stock valued at $4,878,000 after buying an additional 915 shares in the last quarter. Swiss National Bank increased its stake in shares of Stanley Black & Decker by 4.4% in the second quarter. Swiss National Bank now owns 557,464 shares of the industrial products company’s stock valued at $78,452,000 after buying an additional 23,400 shares in the last quarter. Honeywell International Inc. increased its stake in shares of Stanley Black & Decker by 86.1% in the third quarter. Honeywell International Inc. now owns 186,100 shares of the industrial products company’s stock valued at $28,096,000 after buying an additional 86,100 shares in the last quarter. Utah Retirement Systems increased its stake in shares of Stanley Black & Decker by 2.2% in the second quarter. Utah Retirement Systems now owns 28,002 shares of the industrial products company’s stock valued at $3,940,000 after buying an additional 600 shares in the last quarter. Finally, Jackson Wealth Management LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at $1,465,000. 83.71% of the stock is owned by institutional investors.

In other Stanley Black & Decker news, VP Jocelyn Belisle sold 6,845 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $164.79, for a total transaction of $1,127,987.55. Following the transaction, the vice president now owns 21,449 shares in the company, valued at $3,534,580.71. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider John H. Wyatt sold 6,956 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $147.96, for a total value of $1,029,209.76. Following the transaction, the insider now owns 49,188 shares in the company, valued at approximately $7,277,856.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 110,167 shares of company stock worth $17,655,441. Company insiders own 1.15% of the company’s stock.

A number of brokerages have recently weighed in on SWK. B. Riley restated a “buy” rating on shares of Stanley Black & Decker in a research note on Wednesday, November 1st. Zacks Investment Research lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Morgan Stanley raised their target price on Stanley Black & Decker from $150.00 to $154.00 and gave the company an “equal weight” rating in a research note on Thursday, August 10th. BidaskClub lowered Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, UBS AG restated a “buy” rating and issued a $160.00 target price (up from $150.00) on shares of Stanley Black & Decker in a research note on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the stock. Stanley Black & Decker presently has an average rating of “Buy” and an average target price of $167.29.

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Shares of Stanley Black & Decker, Inc. (NYSE SWK) traded up $0.12 on Friday, reaching $162.97. The company’s stock had a trading volume of 632,100 shares, compared to its average volume of 1,065,504. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.26. Stanley Black & Decker, Inc. has a 12-month low of $114.27 and a 12-month high of $168.25. The company has a market capitalization of $24,991.78, a PE ratio of 23.42, a P/E/G ratio of 2.12 and a beta of 1.02.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.87 by $0.08. Stanley Black & Decker had a return on equity of 15.41% and a net margin of 9.79%. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.15 billion. During the same quarter last year, the business earned $1.68 earnings per share. The company’s revenue was up 14.5% compared to the same quarter last year. equities analysts expect that Stanley Black & Decker, Inc. will post 7.39 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, November 30th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 31.82%.

Stanley Black & Decker Company Profile

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

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

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