Stanley Black & Decker Inc. (NYSE:SWK) CEO James M. Loree sold 35,210 shares of the firm’s stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $125.11, for a total value of $4,405,123.10. Following the completion of the transaction, the chief executive officer now owns 192,348 shares of the company’s stock, valued at $24,064,658.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, October 27th. The company reported $1.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.62 by $0.06. Stanley Black & Decker had a return on equity of 16.77% and a net margin of 8.61%. The business earned $2.90 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the previous year, the business earned $1.55 EPS. The business’s quarterly revenue was up 1.9% on a year-over-year basis. Equities 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, December 20th. Stockholders of record on Friday, December 2nd will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Wednesday, November 30th. Stanley Black & Decker’s payout ratio is currently 35.31%.

Several hedge funds have recently bought and sold shares of SWK. Patton Albertson Miller Group LLC increased its stake in Stanley Black & Decker by 2.1% in the second quarter. Patton Albertson Miller Group LLC now owns 14,758 shares of the company’s stock valued at $1,641,000 after buying an additional 298 shares during the last quarter. Exxonmobil Investment Management Inc. TX increased its stake in Stanley Black & Decker by 4.8% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 38,858 shares of the company’s stock valued at $4,322,000 after buying an additional 1,768 shares during the last quarter. DNB Asset Management AS increased its stake in Stanley Black & Decker by 4.2% in the second quarter. DNB Asset Management AS now owns 14,934 shares of the company’s stock valued at $1,661,000 after buying an additional 600 shares during the last quarter. Raymond James Trust N.A. increased its stake in Stanley Black & Decker by 2.6% in the second quarter. Raymond James Trust N.A. now owns 4,036 shares of the company’s stock valued at $449,000 after buying an additional 101 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. purchased a new stake in Stanley Black & Decker during the second quarter valued at $834,000. 83.94% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently issued reports on SWK. Imperial Capital restated an “in-line” rating and issued a $125.00 price objective on shares of Stanley Black & Decker in a research note on Tuesday, October 18th. Zacks Investment Research cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Friday, October 14th. Longbow Research lowered Stanley Black & Decker from a “buy” rating to a “neutral” rating in a report on Monday, August 22nd. Argus reaffirmed a “hold” rating on shares of Stanley Black & Decker in a report on Tuesday, July 26th. Finally, Zelman & Associates lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Monday, July 25th. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $117.45.

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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