Teachers Retirement System of The State of Kentucky held its position in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,520 shares of the industrial products company’s stock at the end of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in Stanley Black & Decker were worth $2,466,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of SWK. Honkamp Krueger Financial Services Inc. raised its stake 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 buying an additional 5 shares during the period. Sabal Trust CO lifted 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 valued at $338,000 after buying an additional 9 shares in the last quarter. Farmers & Merchants Investments Inc. lifted 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 valued at $116,000 after buying an additional 23 shares in the last quarter. Bbva Compass Bancshares Inc. grew its stake 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 valued at $261,000 after acquiring an additional 23 shares during the period. Finally, BKD Wealth Advisors LLC grew its stake in Stanley Black & Decker by 0.9% in the 2nd quarter. BKD Wealth Advisors LLC now owns 2,930 shares of the industrial products company’s stock valued at $412,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 83.65% of the company’s stock.

SWK has been the subject of several recent analyst reports. Seaport Global Securities initiated coverage on shares of Stanley Black & Decker in a report on Friday, June 16th. They issued a “buy” rating and a $160.00 price target for the company. Zacks Investment Research cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Morgan Stanley raised shares of Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and set a $154.00 price objective on the stock in a report on Monday. Wolfe Research started coverage on shares of Stanley Black & Decker in a report on Tuesday, July 11th. They set an “outperform” rating and a $160.00 price objective on the stock. Finally, FBR & Co reiterated an “outperform” rating on shares of Stanley Black & Decker in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the stock. Stanley Black & Decker presently has a consensus rating of “Buy” and a consensus price target of $154.00.

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Shares of Stanley Black & Decker, Inc. (NYSE SWK) opened at 150.97 on Monday. The stock has a market cap of $23.12 billion, a PE ratio of 19.33 and a beta of 1.06. The company’s 50-day moving average is $142.02 and its 200 day moving average is $138.44. Stanley Black & Decker, Inc. has a 52 week low of $111.89 and a 52 week high of $152.43.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Monday, July 24th. The industrial products company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.05. The firm had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.18 billion. Stanley Black & Decker had a net margin of 9.92% and a return on equity of 15.36%. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.84 EPS. Analysts forecast that Stanley Black & Decker, Inc. will post $7.30 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Shareholders of record on Friday, September 1st were paid a dividend of $0.63 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.58. This represents a $2.52 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Wednesday, August 30th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 32.31%.

In related news, insider John H. Wyatt sold 6,956 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $147.96, for a total transaction of $1,029,209.76. Following the transaction, the insider now owns 49,188 shares of the company’s stock, valued at $7,277,856.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Joseph R. Voelker sold 10,432 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $150.15, for a total transaction of $1,566,364.80. Following the sale, the senior vice president now owns 25,810 shares in the company, valued at approximately $3,875,371.50. The disclosure for this sale can be found here. 1.15% of the stock is owned by company insiders.

Stanley Black & Decker Company 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.

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

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