Stanley Black & Decker, Inc. (NYSE:SWK) SVP Jaime A. Ramirez sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $136.94, for a total transaction of $136,940.00. Following the completion of the transaction, the senior vice president now owns 38,356 shares in the company, valued at approximately $5,252,470.64. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Stanley Black & Decker stock traded down $3.70 during trading on Thursday, reaching $131.87. The company had a trading volume of 1,131,824 shares, compared to its average volume of 1,593,475. Stanley Black & Decker, Inc. has a 1-year low of $106.41 and a 1-year high of $155.22. The stock has a market capitalization of $20.74 billion, a P/E ratio of 16.18, a P/E/G ratio of 1.85 and a beta of 1.25. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.43 and a current ratio of 0.91.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.32. Stanley Black & Decker had a net margin of 4.57% and a return on equity of 17.01%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.30 billion. During the same quarter last year, the company earned $1.39 EPS. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. Sell-side analysts predict that Stanley Black & Decker, Inc. will post 8.63 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th will be paid a $0.66 dividend. The ex-dividend date is Monday, June 3rd. This represents a $2.64 dividend on an annualized basis and a yield of 2.00%. Stanley Black & Decker’s dividend payout ratio is currently 32.39%.

SWK has been the topic of a number of analyst reports. Wells Fargo & Co raised their price objective on shares of Stanley Black & Decker from $148.00 to $160.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th. Raymond James reaffirmed a “hold” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 23rd. Zacks Investment Research cut shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Thursday, March 14th. Buckingham Research raised their price objective on shares of Stanley Black & Decker from $122.00 to $148.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. Finally, Gabelli set a $160.00 price objective on shares of Stanley Black & Decker and gave the stock a “buy” rating in a research note on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $159.06.

A number of institutional investors have recently added to or reduced their stakes in the stock. Cerebellum GP LLC acquired a new stake in Stanley Black & Decker in the 1st quarter valued at $94,000. Advisory Services Network LLC lifted its holdings in Stanley Black & Decker by 7.9% in the 1st quarter. Advisory Services Network LLC now owns 3,331 shares of the industrial products company’s stock valued at $453,000 after purchasing an additional 245 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Stanley Black & Decker in the 1st quarter valued at $14,738,000. M Holdings Securities Inc. purchased a new position in Stanley Black & Decker in the 1st quarter valued at $1,553,000. Finally, Weiss Asset Management LP purchased a new position in Stanley Black & Decker in the 1st quarter valued at $206,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

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Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

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

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