Mutual of America Capital Management LLC boosted its stake in Stanley Black & Decker Inc. (NYSE:SWK) by 2.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,969 shares of the company’s stock after buying an additional 393 shares during the period. Mutual of America Capital Management LLC’s holdings in Stanley Black & Decker were worth $2,210,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in 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 valued at $133,000 after buying an additional 1,000 shares in the last quarter. Krilogy Financial LLC increased 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 valued at $133,000 after buying an additional 102 shares during the last quarter. Checchi Capital Advisers LLC increased 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 valued at $195,000 after buying an additional 56 shares during the last quarter. Duncker Streett & Co. Inc. increased 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 valued at $196,000 after buying an additional 69 shares during the last quarter. Finally, Buckingham Asset Management LLC bought a new stake in shares of Stanley Black & Decker during the second quarter valued at $200,000. Institutional investors own 83.55% of the company’s stock.

Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

Stanley Black & Decker Inc. (NYSE:SWK) traded up 0.24% on Tuesday, reaching $119.93. The company’s stock had a trading volume of 632,602 shares. The firm has a market capitalization of $18.07 billion, a PE ratio of 18.24 and a beta of 1.13. Stanley Black & Decker Inc. has a 52 week low of $88.72 and a 52 week high of $126.72. The stock’s 50 day moving average is $119.30 and its 200-day moving average is $118.43.

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 company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same period last year, the company earned $1.55 earnings per share. The business’s revenue was up 1.9% compared to the same quarter last year. Analysts predict that Stanley Black & Decker Inc. will post $6.49 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 20th. Shareholders of record on Friday, December 2nd will be issued 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 1.93%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 35.31%.

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

In other news, CEO James M. Loree sold 35,210 shares of Stanley Black & Decker 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 transaction, the chief executive officer now directly owns 192,348 shares in the company, valued at $24,064,658.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James J. Cannon sold 4,495 shares of Stanley Black & Decker stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $125.70, for a total value of $565,021.50. Following the completion of the transaction, the insider now owns 30,239 shares in the company, valued at $3,801,042.30. The disclosure for this sale can be found here. Company insiders own 1.80% 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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