Stanley Black & Decker Inc. (NYSE:SWK) SVP Joseph R. Voelker sold 5,338 shares of the business’s stock in a transaction dated Thursday, November 10th. The shares were sold at an average price of $125.00, for a total value of $667,250.00. Following the completion of the sale, the senior vice president now directly owns 15,961 shares of the company’s stock, valued at $1,995,125. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Stanley Black & Decker Inc. (NYSE:SWK) opened at 122.69 on Wednesday. The firm has a 50-day moving average price of $119.71 and a 200-day moving average price of $117.61. The firm has a market capitalization of $18.49 billion, a P/E ratio of 18.66 and a beta of 1.13. Stanley Black & Decker Inc. has a 52-week low of $88.72 and a 52-week high of $126.32.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, October 27th. The company reported $1.68 EPS for the quarter, beating the Zacks’ consensus estimate of $1.62 by $0.06. The business earned $2.90 billion during the quarter, compared to analyst estimates of $2.89 billion. Stanley Black & Decker had a net margin of 8.61% and a return on equity of 16.77%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 earnings per share. On average, equities research analysts anticipate that Stanley Black & Decker Inc. will post $6.49 EPS for the current year.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 20th. Investors of record on Friday, December 2nd will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 1.89%. The ex-dividend date is Wednesday, November 30th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 35.31%.

A number of hedge funds and other institutional investors have recently bought and sold shares of SWK. Reilly Financial Advisors LLC raised its position 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 during the period. Krilogy Financial LLC raised its position 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. Penserra Capital Management LLC raised its position in Stanley Black & Decker by 95.0% in the third quarter. Penserra Capital Management LLC now owns 1,482 shares of the company’s stock valued at $181,000 after buying an additional 722 shares during the period. Checchi Capital Advisers LLC raised its position 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. Finally, Duncker Streett & Co. Inc. raised its position 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. 83.94% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have commented on SWK shares. Argus restated a “hold” rating on shares of Stanley Black & Decker in a research note on Tuesday, July 26th. Imperial Capital lifted their target price on 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. Longbow Research downgraded Stanley Black & Decker from a “buy” rating to a “neutral” rating in a research note on Monday, August 22nd. Zelman & Associates downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Finally, Zacks Investment Research downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $117.45.

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.

5 Day Chart for NYSE:SWK

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