Schroder Investment Management Group grew its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 4.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 38,211 shares of the industrial products company’s stock after purchasing an additional 1,585 shares during the quarter. Schroder Investment Management Group’s holdings in Stanley Black & Decker were worth $5,596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SWK. JPMorgan Chase & Co. increased its position in shares of Stanley Black & Decker by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 12,566,744 shares of the industrial products company’s stock worth $1,840,276,000 after acquiring an additional 1,822,466 shares in the last quarter. BlackRock Inc. increased its position in shares of Stanley Black & Decker by 0.4% during the second quarter. BlackRock Inc. now owns 9,874,426 shares of the industrial products company’s stock worth $1,311,421,000 after acquiring an additional 42,626 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Stanley Black & Decker by 12.8% during the third quarter. Wells Fargo & Company MN now owns 4,841,927 shares of the industrial products company’s stock worth $709,052,000 after acquiring an additional 548,025 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Stanley Black & Decker by 71.4% during the second quarter. Janus Henderson Group PLC now owns 1,818,994 shares of the industrial products company’s stock worth $241,581,000 after acquiring an additional 758,031 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Stanley Black & Decker by 5.9% during the second quarter. Morgan Stanley now owns 1,478,639 shares of the industrial products company’s stock worth $196,378,000 after acquiring an additional 82,403 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

SWK has been the subject of several research reports. Zacks Investment Research downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research report on Monday, October 15th. ValuEngine downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. Wells Fargo & Co decreased their target price on shares of Stanley Black & Decker from $162.00 to $150.00 and set an “outperform” rating for the company in a research report on Friday, October 26th. Barclays decreased their target price on shares of Stanley Black & Decker from $166.00 to $152.00 and set an “overweight” rating for the company in a research report on Friday, October 26th. Finally, Macquarie decreased their target price on shares of Stanley Black & Decker from $180.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, September 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. Stanley Black & Decker presently has an average rating of “Buy” and a consensus price target of $163.29.

Stanley Black & Decker stock opened at $126.52 on Friday. The firm has a market capitalization of $19.09 billion, a P/E ratio of 16.98, a price-to-earnings-growth ratio of 1.63 and a beta of 1.35. Stanley Black & Decker, Inc. has a 1-year low of $106.41 and a 1-year high of $176.62. The company has a quick ratio of 0.48, a current ratio of 0.92 and a debt-to-equity ratio of 0.39.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Thursday, October 25th. The industrial products company reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.04. The business had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.59 billion. Stanley Black & Decker had a net margin of 7.22% and a return on equity of 16.71%. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 8.14 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 18th. Shareholders of record on Friday, November 30th will be paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, November 29th. Stanley Black & Decker’s dividend payout ratio is currently 35.44%.

In other news, Director Michael David Hankin purchased 907 shares of the business’s stock in a transaction on Monday, October 29th. The stock was purchased at an average price of $112.93 per share, for a total transaction of $102,427.51. Following the completion of the purchase, the director now directly owns 2,157 shares in the company, valued at approximately $243,590.01. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jaime A. Ramirez sold 8,251 shares of the stock in a transaction on Monday, October 29th. The shares were sold at an average price of $111.29, for a total transaction of $918,253.79. Following the completion of the sale, the senior vice president now owns 36,566 shares of the company’s stock, valued at approximately $4,069,430.14. The disclosure for this sale can be found here. Company insiders own 0.69% of the company’s stock.

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About Stanley Black & Decker

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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

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