Nationwide Fund Advisors trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 0.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 258,803 shares of the industrial products company’s stock after selling 1,977 shares during the quarter. Nationwide Fund Advisors owned approximately 0.17% of Stanley Black & Decker worth $39,071,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SWK. Honkamp Krueger Financial Services Inc. increased its holdings in Stanley Black & Decker by 0.3% in the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 1,690 shares of the industrial products company’s stock worth $238,000 after acquiring an additional 5 shares in the last quarter. Bbva Compass Bancshares Inc. increased its holdings in Stanley Black & Decker by 1.3% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 1,852 shares of the industrial products company’s stock worth $261,000 after acquiring an additional 23 shares in the last quarter. Wetherby Asset Management Inc. increased its holdings in Stanley Black & Decker by 1.2% in the 2nd quarter. Wetherby Asset Management Inc. now owns 2,283 shares of the industrial products company’s stock worth $321,000 after acquiring an additional 26 shares in the last quarter. Scotia Capital Inc. increased its holdings in Stanley Black & Decker by 0.4% in the 2nd quarter. Scotia Capital Inc. now owns 9,655 shares of the industrial products company’s stock worth $1,359,000 after acquiring an additional 38 shares in the last quarter. Finally, Twin Tree Management LP increased its holdings in Stanley Black & Decker by 2.1% in the 2nd quarter. Twin Tree Management LP now owns 2,118 shares of the industrial products company’s stock worth $298,000 after acquiring an additional 43 shares in the last quarter. 81.29% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the stock. B. Riley reissued a “buy” rating on shares of Stanley Black & Decker in a report on Wednesday, November 1st. Zacks Investment Research lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Morgan Stanley boosted their price target on shares of Stanley Black & Decker from $150.00 to $154.00 and gave the stock an “equal weight” rating in a report on Thursday, August 10th. BidaskClub lowered shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, FBR & Co boosted their price target on shares of Stanley Black & Decker from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $167.29.

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Stanley Black & Decker, Inc. (SWK) remained flat at $$165.99 during trading on Friday. The company’s stock had a trading volume of 660,000 shares, compared to its average volume of 963,069. Stanley Black & Decker, Inc. has a 1-year low of $114.27 and a 1-year high of $168.25. The firm has a market cap of $25,450.00, a PE ratio of 23.85, a price-to-earnings-growth ratio of 2.16 and a beta of 1.02. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.26 and a quick ratio of 0.69.

Stanley Black & Decker (NYSE:SWK) last released 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 net margin of 9.79% and a return on equity of 15.41%. The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 7.39 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders 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 dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, November 30th. Stanley Black & Decker’s payout ratio is 31.82%.

In other news, SVP Joseph R. Voelker sold 10,432 shares of the company’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $150.15, for a total transaction of $1,566,364.80. Following the completion of the sale, the senior vice president now owns 25,810 shares of the company’s stock, valued at $3,875,371.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Donald Allan sold 30,090 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $163.11, for a total transaction of $4,907,979.90. Following 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 disclosure for this sale can be found here. Insiders have sold 140,257 shares of company stock valued at $22,563,420 in the last ninety days. Insiders own 1.15% of the company’s stock.

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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