Stanley Black & Decker Inc. (NYSE:SWK) has been given a consensus rating of “Hold” by the fourteen brokerages that are covering the firm. Ten research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $117.88.

A number of equities analysts have issued reports on the company. Zelman & Associates cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Monday, July 25th. Zacks Investment Research raised Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a report on Wednesday, July 27th. Longbow Research cut 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, Imperial Capital upped their target price on Stanley Black & Decker from $107.00 to $125.00 and gave the stock an “in-line” rating in a report on Monday, July 25th.

Stanley Black & Decker (NYSE:SWK) opened at 121.56 on Monday. The stock’s 50 day moving average price is $119.77 and its 200 day moving average price is $117.89. The company has a market cap of $18.32 billion, a PE ratio of 18.49 and a beta of 1.13. Stanley Black & Decker has a 12-month low of $88.72 and a 12-month high of $126.72.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Thursday, October 27th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $2.89 billion. During the same quarter in the prior year, the firm earned $1.55 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. Equities research analysts anticipate that Stanley Black & Decker will post $6.49 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 20th. Investors of record on Friday, December 2nd will be paid a dividend of $0.58 per share. The ex-dividend date is Wednesday, November 30th. This represents a $2.32 annualized dividend and a yield of 1.91%. Stanley Black & Decker’s dividend payout ratio is currently 35.31%.

In other news, Director Michael David Hankin purchased 450 shares of the business’s stock in a transaction on Friday, October 28th. The shares were acquired at an average price of $114.54 per share, for a total transaction of $51,543.00. Following the completion of the acquisition, the director now owns 900 shares in the company, valued at $103,086. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Craig A. Douglas sold 3,500 shares of the stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $125.54, for a total value of $439,390.00. Following the completion of the transaction, the vice president now owns 19,496 shares in the company, valued at approximately $2,447,527.84. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Patton Albertson Miller Group LLC raised its position in shares of 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 raised its position in shares of 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 raised its position in shares of 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. raised its position in shares of 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 position in shares of Stanley Black & Decker during the second quarter valued at about $834,000. Institutional investors and hedge funds 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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