IFM Investors Pty Ltd lifted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 9.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,785 shares of the industrial products company’s stock after purchasing an additional 878 shares during the period. IFM Investors Pty Ltd’s holdings in Stanley Black & Decker were worth $1,332,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of SWK. JPMorgan Chase & Co. increased its stake in shares of Stanley Black & Decker by 17.0% in 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 purchasing an additional 1,822,466 shares during the period. Pacer Advisors Inc. increased its stake in shares of Stanley Black & Decker by 14.2% in the third quarter. Pacer Advisors Inc. now owns 8,200 shares of the industrial products company’s stock worth $1,201,000 after purchasing an additional 1,020 shares during the period. Macquarie Group Ltd. increased its stake in shares of Stanley Black & Decker by 7.9% in the third quarter. Macquarie Group Ltd. now owns 143,391 shares of the industrial products company’s stock worth $20,998,000 after purchasing an additional 10,505 shares during the period. AQR Capital Management LLC increased its stake in shares of Stanley Black & Decker by 26.1% in the third quarter. AQR Capital Management LLC now owns 436,945 shares of the industrial products company’s stock worth $63,986,000 after purchasing an additional 90,443 shares during the period. Finally, Kentucky Retirement Systems bought a new position in shares of Stanley Black & Decker in the third quarter worth about $1,034,000. Institutional investors and hedge funds own 88.21% of the company’s stock.

A number of equities analysts have recently commented on the company. Credit Suisse Group set a $155.00 price objective on Stanley Black & Decker and gave the stock a “buy” rating in a research note on Friday, January 11th. TheStreet lowered Stanley Black & Decker from a “b-” rating to a “c+” rating in a research note on Tuesday, January 22nd. ValuEngine raised Stanley Black & Decker from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Deutsche Bank set a $137.00 target price on Stanley Black & Decker and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. Finally, Wells Fargo & Co decreased their target price on Stanley Black & Decker from $150.00 to $141.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $155.88.

SWK stock opened at $145.74 on Friday. Stanley Black & Decker, Inc. has a twelve month low of $106.41 and a twelve month high of $157.76. The stock has a market cap of $22.06 billion, a P/E ratio of 17.88, a PEG ratio of 1.96 and a beta of 1.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.55 and a current ratio of 1.14.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Tuesday, January 22nd. The industrial products company reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.01. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.62 billion. Stanley Black & Decker had a return on equity of 16.73% and a net margin of 4.62%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.18 earnings per share. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 8.53 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Monday, June 3rd. Stanley Black & Decker’s payout ratio is 32.39%.

In other news, SVP Jaime A. Ramirez sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $136.26, for a total value of $136,260.00. Following the transaction, the senior vice president now directly owns 39,893 shares of the company’s stock, valued at approximately $5,435,820.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jeffrey D. Ansell sold 9,549 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $145.01, for a total value of $1,384,700.49. Following the completion of the transaction, the executive vice president now directly owns 42,213 shares in the company, valued at $6,121,307.13. The disclosure for this sale can be found here. Insiders have sold 24,164 shares of company stock worth $3,403,579 over the last ninety days. Company insiders own 1.03% of the company’s stock.

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About Stanley Black & Decker

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil & gas and infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the following three segments: Tools and Storage, Industrial, and Security.

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

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