Stanley Black & Decker, Inc. (NYSE:SWK) CFO Donald Allan sold 30,090 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $163.11, for a total value of $4,907,979.90. Following the completion of the sale, the chief financial officer now directly owns 129,203 shares of the company’s stock, valued at approximately $21,074,301.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Stanley Black & Decker, Inc. (NYSE SWK) traded up $1.00 during mid-day trading on Monday, reaching $163.97. 603,032 shares of the company traded hands, compared to its average volume of 971,273. The company has a quick ratio of 0.69, a current ratio of 1.26 and a debt-to-equity ratio of 0.53. Stanley Black & Decker, Inc. has a 1 year low of $114.27 and a 1 year high of $168.25. The company has a market cap of $25,140.00, a PE ratio of 23.42, a PEG 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 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.15 billion. Stanley Black & Decker had a net margin of 9.79% and a return on equity of 15.41%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.68 EPS. equities research analysts anticipate that Stanley Black & Decker, Inc. will post 7.39 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, December 1st will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, November 30th. Stanley Black & Decker’s payout ratio is 31.82%.

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Several institutional investors have recently modified their holdings of SWK. Fred Alger Management Inc. raised its position in shares of Stanley Black & Decker by 275.0% during the 2nd quarter. Fred Alger Management Inc. now owns 701,930 shares of the industrial products company’s stock valued at $98,783,000 after acquiring an additional 514,773 shares during the last quarter. Pictet Asset Management Ltd. raised its position in shares of Stanley Black & Decker by 45.2% during the 3rd quarter. Pictet Asset Management Ltd. now owns 1,077,720 shares of the industrial products company’s stock valued at $162,703,000 after acquiring an additional 335,500 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Stanley Black & Decker by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 11,396,761 shares of the industrial products company’s stock valued at $1,603,865,000 after buying an additional 287,124 shares in the last quarter. Wedge Capital Management L L P NC bought a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at $34,675,000. Finally, Vaughan David Investments Inc. IL increased its position in shares of Stanley Black & Decker by 9,320.2% in the 3rd quarter. Vaughan David Investments Inc. IL now owns 219,867 shares of the industrial products company’s stock valued at $19,931,000 after buying an additional 217,533 shares in the last quarter. Institutional investors own 82.01% of the company’s stock.

A number of research firms recently issued reports on SWK. B. Riley reissued a “buy” rating on shares of Stanley Black & Decker in a research report on Wednesday, November 1st. J P Morgan Chase & Co lifted their price objective on Stanley Black & Decker from $152.00 to $180.00 and gave the company an “overweight” rating in a research report on Monday, October 30th. Nomura set a $180.00 target price on Stanley Black & Decker and gave the company a “buy” rating in a report on Wednesday, October 25th. Robert W. Baird raised their target price on Stanley Black & Decker from $162.00 to $172.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. Finally, FBR & Co raised their target price on Stanley Black & Decker from $165.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $167.29.

About Stanley Black & Decker

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.

Insider Buying and Selling by Quarter for Stanley Black & Decker (NYSE:SWK)

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