Keybank National Association OH trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 18.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,502 shares of the industrial products company’s stock after selling 2,683 shares during the quarter. Keybank National Association OH’s holdings in Stanley Black & Decker were worth $1,736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. BB&T Investment Services Inc. acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at about $102,000. Acrospire Investment Management LLC lifted its holdings in shares of Stanley Black & Decker by 100.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 800 shares of the industrial products company’s stock valued at $113,000 after buying an additional 400 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in shares of Stanley Black & Decker by 2.9% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 823 shares of the industrial products company’s stock valued at $116,000 after buying an additional 23 shares during the last quarter. Thompson Davis & CO. Inc. lifted its holdings in shares of Stanley Black & Decker by 108.8% during the 3rd quarter. Thompson Davis & CO. Inc. now owns 1,023 shares of the industrial products company’s stock valued at $154,000 after buying an additional 533 shares during the last quarter. Finally, Sun Life Financial INC lifted its holdings in shares of Stanley Black & Decker by 10,027.3% during the 2nd quarter. Sun Life Financial INC now owns 1,114 shares of the industrial products company’s stock valued at $157,000 after buying an additional 1,103 shares during the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

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In other news, SVP Joseph R. Voelker sold 10,432 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $150.15, for a total transaction of $1,566,364.80. Following the sale, the senior vice president now directly owns 25,810 shares in the company, valued at $3,875,371.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider John H. Wyatt sold 6,956 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $147.96, for a total value of $1,029,209.76. Following the sale, the insider now owns 49,188 shares in the company, valued at $7,277,856.48. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,167 shares of company stock worth $17,655,441. Company insiders own 1.15% of the company’s stock.

Several research firms recently weighed in on SWK. Robert W. Baird boosted their target price on Stanley Black & Decker from $162.00 to $172.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Nomura set a $180.00 target price on Stanley Black & Decker and gave the stock a “buy” rating in a report on Wednesday, October 25th. B. Riley restated a “buy” rating on shares of Stanley Black & Decker in a report on Wednesday, November 1st. J P Morgan Chase & Co boosted their target price on Stanley Black & Decker from $152.00 to $180.00 and gave the stock an “overweight” rating in a report on Monday, October 30th. Finally, KeyCorp boosted their target price on Stanley Black & Decker from $160.00 to $185.00 and gave the stock a “hold” rating in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $167.29.

Stanley Black & Decker, Inc. (SWK) opened at $162.97 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.26 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $24,991.78, a P/E ratio of 23.42, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. Stanley Black & Decker, Inc. has a 1 year low of $114.27 and a 1 year high of $168.25.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, December 1st will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, November 30th. Stanley Black & Decker’s dividend payout ratio is currently 31.82%.

Stanley Black & Decker 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.

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

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