Stanley Black & Decker Inc. (NYSE:SWK) Chairman John F. Lundgren sold 75,000 shares of the business’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $125.00, for a total value of $9,375,000.00. Following the completion of the sale, the chairman now owns 603,677 shares of the company’s stock, valued at approximately $75,459,625. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Stanley Black & Decker Inc. (NYSE:SWK) opened at 123.03 on Thursday. Stanley Black & Decker Inc. has a 1-year low of $88.72 and a 1-year high of $126.72. The stock has a 50 day moving average price of $119.81 and a 200-day moving average price of $117.86. The stock has a market capitalization of $18.54 billion, a PE ratio of 18.71 and a beta of 1.13.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Thursday, October 27th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the 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 return on equity of 16.77% and a net margin of 8.61%. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the company earned $1.55 EPS. On average, analysts forecast that Stanley Black & Decker Inc. will post $6.49 earnings per share for the current year.

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

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

Large investors have recently modified their holdings of the company. Reilly Financial Advisors LLC raised its stake in shares of Stanley Black & Decker by 500.0% in the second quarter. Reilly Financial Advisors LLC now owns 1,200 shares of the company’s stock worth $133,000 after buying an additional 1,000 shares in the last quarter. Krilogy Financial LLC raised its stake in shares of Stanley Black & Decker by 9.4% in the second quarter. Krilogy Financial LLC now owns 1,192 shares of the company’s stock worth $133,000 after buying an additional 102 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of Stanley Black & Decker by 95.0% in the third quarter. Penserra Capital Management LLC now owns 1,482 shares of the company’s stock worth $181,000 after buying an additional 722 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in shares of Stanley Black & Decker by 3.3% in the second quarter. Checchi Capital Advisers LLC now owns 1,751 shares of the company’s stock worth $195,000 after buying an additional 56 shares in the last quarter. Finally, Duncker Streett & Co. Inc. raised its stake in shares of Stanley Black & Decker by 4.1% in the second quarter. Duncker Streett & Co. Inc. now owns 1,758 shares of the company’s stock worth $196,000 after buying an additional 69 shares in the last quarter. 83.94% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently issued reports on SWK. Zacks Investment Research cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Argus reissued a “hold” rating on shares of Stanley Black & Decker in a research note on Tuesday, July 26th. Longbow Research cut Stanley Black & Decker from a “buy” rating to a “neutral” rating in a research note on Monday, August 22nd. Zelman & Associates cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Finally, Imperial Capital boosted 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. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently 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.

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