Stanley Black & Decker Inc. (NYSE:SWK) announced a quarterly dividend on Thursday, October 20th. Investors of record on Friday, December 2nd will be paid a dividend of 0.58 per share on Tuesday, December 20th. This represents a $2.32 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, November 30th.

Shares of Stanley Black & Decker (NYSE:SWK) opened at 120.40 on Friday. Stanley Black & Decker has a 52 week low of $88.72 and a 52 week high of $126.72. The company has a market cap of $18.14 billion, a P/E ratio of 18.31 and a beta of 1.13. The company’s 50-day moving average price is $119.59 and its 200 day moving average price is $118.23.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Thursday, October 27th. The company reported $1.68 earnings per share for the quarter, topping 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 firm had revenue of $2.90 billion for 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 firm’s revenue for the quarter was up 1.9% on a year-over-year basis. Equities research analysts anticipate that Stanley Black & Decker will post $6.49 earnings per share for the current fiscal year.

Dividend History for Stanley Black & Decker (NYSE:SWK)

In related news, VP Craig A. Douglas sold 3,500 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $2,447,527.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James M. Loree sold 35,210 shares of the company’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 directly owns 192,348 shares of the company’s stock, valued at approximately $24,064,658.28. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its position in Stanley Black & Decker by 77.2% in the third quarter. D.A. Davidson & CO. now owns 10,969 shares of the company’s stock worth $1,346,000 after buying an additional 4,779 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new position in shares of Stanley Black & Decker during the third quarter worth approximately $521,000. Price T Rowe Associates Inc. MD boosted its position in shares of Stanley Black & Decker by 1.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 587,966 shares of the company’s stock worth $72,308,000 after buying an additional 9,540 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Stanley Black & Decker by 111.7% in the third quarter. Ameritas Investment Partners Inc. now owns 6,096 shares of the company’s stock worth $749,000 after buying an additional 3,217 shares during the last quarter. Finally, Pioneer Investment Management Inc. boosted its position in shares of Stanley Black & Decker by 370.9% in the third quarter. Pioneer Investment Management Inc. now owns 91,561 shares of the company’s stock worth $11,260,000 after buying an additional 72,118 shares during the last quarter. 83.21% of the stock is owned by institutional investors.

SWK has been the topic of several research analyst reports. Zacks Investment Research downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Longbow Research downgraded Stanley Black & Decker from a “buy” rating to a “neutral” rating in a research note on Monday, August 22nd. Finally, Imperial Capital reiterated an “in-line” rating and set a $125.00 price target on shares of Stanley Black & Decker in a research note on Tuesday, October 18th. Ten research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $117.45.

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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

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