Stanley Black & Decker Inc. (NYSE:SWK) VP Craig A. Douglas sold 3,500 shares of Stanley Black & Decker stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $125.54, for a total transaction of $439,390.00. Following the transaction, the vice president now directly owns 19,496 shares of the company’s stock, valued at $2,447,527.84. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Stanley Black & Decker Inc. (NYSE:SWK) opened at 123.03 on Thursday. The company’s 50 day moving average is $119.81 and its 200 day moving average is $117.86. Stanley Black & Decker Inc. has a 1-year low of $88.72 and a 1-year high of $126.72. The company has a market cap of $18.54 billion, a price-to-earnings ratio of 18.71 and a beta of 1.13.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Thursday, October 27th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.62 by $0.06. Stanley Black & Decker had a net margin of 8.61% and a return on equity of 16.77%. The firm earned $2.90 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same period last year, the business earned $1.55 earnings per share. Stanley Black & Decker’s revenue was up 1.9% compared to the same quarter last year. Equities research analysts forecast 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 20th. Investors of record on Friday, December 2nd will be given a dividend of $0.58 per share. 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 payout ratio is currently 35.31%.

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

A number of large investors have recently added to or reduced their stakes in the company. 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 valued at $6,477,000 after buying an additional 700 shares during the last quarter. National Pension Service raised its position in shares of Stanley Black & Decker by 4.5% in the first quarter. National Pension Service now owns 94,664 shares of the company’s stock valued at $9,960,000 after buying an additional 4,105 shares during the period. Legal & General Group Plc raised its position in shares of Stanley Black & Decker by 0.4% in the first quarter. Legal & General Group Plc now owns 673,255 shares of the company’s stock valued at $70,833,000 after buying an additional 2,409 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in shares of Stanley Black & Decker during the first quarter valued at $425,000. Finally, Sunriver Management LLC raised its position in shares of Stanley Black & Decker by 15.2% in the first quarter. Sunriver Management LLC now owns 132,940 shares of the company’s stock valued at $13,987,000 after buying an additional 17,552 shares during the period. Hedge funds and other institutional investors own 83.94% of the company’s stock.

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.