OLD National Bancorp IN acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,386 shares of the industrial products company’s stock, valued at approximately $209,000.

Several other large investors also recently bought and sold shares of the stock. Honkamp Krueger Financial Services Inc. boosted its position in shares of Stanley Black & Decker by 0.3% during the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 1,690 shares of the industrial products company’s stock worth $238,000 after purchasing an additional 5 shares during the period. Sabal Trust CO boosted its position in shares of Stanley Black & Decker by 0.4% during the 2nd quarter. Sabal Trust CO now owns 2,409 shares of the industrial products company’s stock worth $338,000 after purchasing an additional 9 shares during the period. Farmers & Merchants Investments Inc. boosted its position 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 worth $116,000 after purchasing an additional 23 shares during the period. Bbva Compass Bancshares Inc. boosted its position in shares of Stanley Black & Decker by 1.3% during the 2nd quarter. Bbva Compass Bancshares Inc. now owns 1,852 shares of the industrial products company’s stock worth $261,000 after purchasing an additional 23 shares during the period. Finally, BKD Wealth Advisors LLC boosted its position in shares of Stanley Black & Decker by 0.9% during the 2nd quarter. BKD Wealth Advisors LLC now owns 2,930 shares of the industrial products company’s stock worth $412,000 after purchasing an additional 26 shares during the period. 83.60% of the stock is owned by hedge funds and other institutional investors.

In related news, CEO James M. Loree sold 70,531 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $161.80, for a total value of $11,411,915.80. Following the completion of the transaction, the chief executive officer now directly owns 175,449 shares in the company, valued at approximately $28,387,648.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey D. Ansell sold 11,221 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $163.86, for a total value of $1,838,673.06. Following the completion of the transaction, the executive vice president now owns 65,030 shares of the company’s stock, valued at $10,655,815.80. The disclosure for this sale can be found here. Insiders sold a total of 103,322 shares of company stock valued at $16,527,453 over the last quarter. 1.15% of the stock is owned by insiders.

Shares of Stanley Black & Decker, Inc. (SWK) opened at $163.13 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.69 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $24,813.84, a PE ratio of 23.25, a price-to-earnings-growth ratio of 2.10 and a beta of 1.02.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same period in the previous year, the firm earned $1.68 EPS. Stanley Black & Decker’s quarterly revenue was up 14.5% compared to the same quarter last year. analysts predict that Stanley Black & Decker, Inc. will post 7.39 EPS for the current year.

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

Several equities analysts have commented on the stock. J P Morgan Chase & Co raised their price target on shares of 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 price target on shares of Stanley Black & Decker and gave the company a “buy” rating in a research report on Wednesday, October 25th. Robert W. Baird raised their price target on shares of Stanley Black & Decker from $162.00 to $172.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. FBR & Co raised their price target on shares of Stanley Black & Decker from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. Finally, Northcoast Research assumed coverage on shares of Stanley Black & Decker in a research report on Friday, October 20th. They issued a “buy” rating and a $193.00 price target for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $167.29.

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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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