Imperial Capital reiterated their in-line rating on shares of Stanley Black & Decker Inc. (NYSE:SWK) in a research report report published on Tuesday. Imperial Capital currently has a $125.00 price target on the stock.

A number of other brokerages have also recently weighed in on SWK. Zacks Investment Research cut shares of Stanley Black & Decker from a buy rating to a hold rating in a report on Friday, August 5th. Argus restated a hold rating on shares of Stanley Black & Decker in a report on Tuesday, July 26th. Longbow Research cut shares of Stanley Black & Decker from a buy rating to a neutral rating in a report on Monday, August 22nd. Zelman & Associates cut shares of Stanley Black & Decker from a buy rating to a hold rating in a report on Monday, July 25th. Finally, Credit Suisse Group AG reiterated a hold rating on shares of Stanley Black & Decker in a report on Tuesday, June 28th. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $117.45.

Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

Shares of Stanley Black & Decker (NYSE:SWK) traded down 0.02% during mid-day trading on Tuesday, hitting $119.97. The stock had a trading volume of 143,450 shares. The stock’s 50-day moving average is $121.89 and its 200 day moving average is $116.51. The firm has a market capitalization of $18.05 billion, a price-to-earnings ratio of 18.73 and a beta of 1.38. Stanley Black & Decker has a 1-year low of $88.72 and a 1-year high of $124.86.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Friday, July 22nd. The company reported $1.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.72 by $0.12. The business had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Stanley Black & Decker had a net margin of 8.47% and a return on equity of 16.96%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.54 earnings per share. Equities research analysts predict that Stanley Black & Decker will post $6.48 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Shareholders of record on Friday, September 2nd were given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, August 31st. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.55. Stanley Black & Decker’s payout ratio is currently 36.19%.

In other Stanley Black & Decker news, CFO Donald Allan sold 30,371 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $122.50, for a total transaction of $3,720,447.50. Following the sale, the chief financial officer now owns 115,225 shares of the company’s stock, valued at approximately $14,115,062.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John H. Wyatt sold 12,750 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of $122.69, for a total transaction of $1,564,297.50. Following the sale, the insider now directly owns 61,345 shares in the company, valued at approximately $7,526,418.05. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in SWK. Reilly Financial Advisors LLC increased its stake in Stanley Black & Decker by 500.0% in the second quarter. Reilly Financial Advisors LLC now owns 1,200 shares of the company’s stock valued at $133,000 after buying an additional 1,000 shares in the last quarter. Krilogy Financial LLC increased its stake in Stanley Black & Decker by 9.4% in the second quarter. Krilogy Financial LLC now owns 1,192 shares of the company’s stock valued at $133,000 after buying an additional 102 shares during the period. Checchi Capital Advisers LLC increased its stake in Stanley Black & Decker by 3.3% in the second quarter. Checchi Capital Advisers LLC now owns 1,751 shares of the company’s stock valued at $195,000 after buying an additional 56 shares during the period. Duncker Streett & Co. Inc. increased its stake in Stanley Black & Decker by 4.1% in the second quarter. Duncker Streett & Co. Inc. now owns 1,758 shares of the company’s stock valued at $196,000 after buying an additional 69 shares during the period. Finally, Buckingham Asset Management LLC acquired a new stake in Stanley Black & Decker during the second quarter valued at approximately $200,000. 83.36% of the stock is currently owned by institutional investors.

About Stanley Black & Decker

Stanley Black & Decker, Inc is a provider of hand tools, power tools and related accessories, mechanical access solutions (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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