Stanley Black & Decker Inc. (NYSE:SWK) insider James J. Cannon sold 4,495 shares of the business’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $125.70, for a total transaction of $565,021.50. Following the completion of the transaction, the insider now directly owns 30,239 shares in the company, valued at $3,801,042.30. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Stanley Black & Decker Inc. (NYSE:SWK) opened at 122.69 on Wednesday. The firm has a 50-day moving average of $119.71 and a 200-day moving average of $117.61. Stanley Black & Decker Inc. has a 12-month low of $88.72 and a 12-month high of $126.32. The stock has a market capitalization of $18.49 billion, a price-to-earnings ratio of 18.66 and a beta of 1.13.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, October 27th. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.06. The company had revenue of $2.90 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Stanley Black & Decker had a return on equity of 16.77% and a net margin of 8.61%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $1.55 earnings per share. Equities research analysts forecast that Stanley Black & Decker Inc. will post $6.49 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Stanley Black & Decker (NYSE:SWK)

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 20th. Shareholders of record on Friday, December 2nd will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Wednesday, November 30th. Stanley Black & Decker’s payout ratio is 35.31%.

Several equities analysts have issued reports on the stock. Imperial Capital boosted their price objective on shares of Stanley Black & Decker from $107.00 to $125.00 and gave the company an “in-line” rating in a research note on Monday, July 25th. Zacks Investment Research raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $137.00 price objective on the stock in a research note on Wednesday, July 27th. Longbow Research cut shares of Stanley Black & Decker from a “buy” rating to a “neutral” rating in a research note on Monday, August 22nd. Argus reissued a “hold” rating on shares of Stanley Black & Decker in a research note on Tuesday, July 26th. Finally, Zelman & Associates cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Stanley Black & Decker presently has an average rating of “Hold” and a consensus target price of $117.45.

A number of large investors have recently bought and sold shares of the stock. AMP Capital Investors Ltd boosted its stake in Stanley Black & Decker by 1.1% in the first quarter. AMP Capital Investors Ltd now owns 61,601 shares of the company’s stock worth $6,477,000 after buying an additional 700 shares during the last quarter. National Pension Service boosted its stake in Stanley Black & Decker by 4.5% in the first quarter. National Pension Service now owns 94,664 shares of the company’s stock worth $9,960,000 after buying an additional 4,105 shares during the last quarter. Legal & General Group Plc boosted its stake in Stanley Black & Decker by 0.4% in the first quarter. Legal & General Group Plc now owns 673,255 shares of the company’s stock worth $70,833,000 after buying an additional 2,409 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new stake in Stanley Black & Decker during the first quarter worth about $425,000. Finally, Sunriver Management LLC boosted its stake in Stanley Black & Decker by 15.2% in the first quarter. Sunriver Management LLC now owns 132,940 shares of the company’s stock worth $13,987,000 after buying an additional 17,552 shares during the last quarter. Institutional investors own 83.94% of the company’s stock.

Stanley Black & Decker Company Profile

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.

5 Day Chart for NYSE:SWK

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