Shares of Stanley Black & Decker, Inc. (NYSE:SWK) were down 5.5% on Friday . The company traded as low as $130.17 and last traded at $131.10, approximately 1,455,981 shares changed hands during trading. An increase of 18% from the average daily volume of 1,229,122 shares. The stock had previously closed at $138.68.

A number of equities research analysts have recently weighed in on SWK shares. Wells Fargo & Co dropped their target price on Stanley Black & Decker from $170.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. Morgan Stanley boosted their target price on Stanley Black & Decker from $161.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 24th. Buckingham Research boosted their target price on Stanley Black & Decker from $154.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. JPMorgan Chase & Co. boosted their target price on Stanley Black & Decker from $133.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Finally, Nomura boosted their target price on Stanley Black & Decker from $160.00 to $163.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $157.06.

The company has a debt-to-equity ratio of 0.52, a current ratio of 0.95 and a quick ratio of 0.44. The business has a 50 day moving average of $142.34 and a 200 day moving average of $139.18. The firm has a market capitalization of $20.64 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.77 and a beta of 1.36.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $2.66 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.11. Stanley Black & Decker had a return on equity of 17.10% and a net margin of 4.97%. The business had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the previous year, the firm earned $2.57 earnings per share. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, equities analysts predict that Stanley Black & Decker, Inc. will post 8.61 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd will be paid a dividend of $0.69 per share. The ex-dividend date is Friday, August 30th. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.66. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.11%. Stanley Black & Decker’s payout ratio is 32.39%.

In related news, SVP Jaime A. Ramirez sold 9,850 shares of Stanley Black & Decker stock in a transaction on Monday, July 29th. The stock was sold at an average price of $151.04, for a total transaction of $1,487,744.00. Following the completion of the sale, the senior vice president now directly owns 45,706 shares of the company’s stock, valued at $6,903,434.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.03% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Stanley Black & Decker by 1.2% in the second quarter. Vanguard Group Inc. now owns 12,414,864 shares of the industrial products company’s stock valued at $1,795,314,000 after acquiring an additional 151,641 shares during the period. JPMorgan Chase & Co. grew its stake in Stanley Black & Decker by 8.5% in the first quarter. JPMorgan Chase & Co. now owns 11,386,607 shares of the industrial products company’s stock valued at $1,550,513,000 after acquiring an additional 893,269 shares during the period. BlackRock Inc. grew its stake in Stanley Black & Decker by 0.5% in the second quarter. BlackRock Inc. now owns 9,699,825 shares of the industrial products company’s stock valued at $1,402,690,000 after acquiring an additional 48,118 shares during the period. Wells Fargo & Company MN grew its stake in Stanley Black & Decker by 2.2% in the second quarter. Wells Fargo & Company MN now owns 5,073,105 shares of the industrial products company’s stock valued at $733,622,000 after acquiring an additional 110,568 shares during the period. Finally, Pzena Investment Management LLC grew its stake in Stanley Black & Decker by 96.1% in the first quarter. Pzena Investment Management LLC now owns 2,423,147 shares of the industrial products company’s stock valued at $329,960,000 after acquiring an additional 1,187,163 shares during the period. 84.24% of the stock is owned by institutional investors and hedge funds.

About Stanley Black & Decker (NYSE:SWK)

Stanley Black & Decker, Inc engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

Read More: Stochastic Momentum Index (SMI)

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.