Aviva PLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,411 shares of the industrial products company’s stock after buying an additional 2,420 shares during the period. Aviva PLC owned about 0.06% of Stanley Black & Decker worth $13,427,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SWK. BlackRock Inc. increased its stake in Stanley Black & Decker by 1,670.7% in the first quarter. BlackRock Inc. now owns 10,447,937 shares of the industrial products company’s stock worth $1,388,216,000 after buying an additional 9,857,885 shares during the last quarter. State Street Corp increased its stake in Stanley Black & Decker by 3.2% in the first quarter. State Street Corp now owns 7,828,768 shares of the industrial products company’s stock worth $1,040,211,000 after buying an additional 244,854 shares during the last quarter. Boston Partners increased its stake in Stanley Black & Decker by 9.7% in the first quarter. Boston Partners now owns 3,714,012 shares of the industrial products company’s stock worth $493,481,000 after buying an additional 329,259 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Stanley Black & Decker by 0.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,619,158 shares of the industrial products company’s stock worth $480,878,000 after buying an additional 15,721 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Stanley Black & Decker by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,193,176 shares of the industrial products company’s stock worth $291,398,000 after buying an additional 41,688 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors.

Stanley Black & Decker, Inc. (SWK) opened at 138.83 on Friday. The firm has a market capitalization of $21.26 billion, a P/E ratio of 17.78 and a beta of 1.10. Stanley Black & Decker, Inc. has a one year low of $111.89 and a one year high of $148.32. The stock has a 50 day moving average price of $141.91 and a 200 day moving average price of $136.13.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Monday, July 24th. The industrial products company reported $2.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.96 by $0.05. The business had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.18 billion. Stanley Black & Decker had a net margin of 9.92% and a return on equity of 15.36%. Stanley Black & Decker’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.84 EPS. On average, equities analysts predict that Stanley Black & Decker, Inc. will post $7.30 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Friday, September 1st will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Wednesday, August 30th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.58. Stanley Black & Decker’s dividend payout ratio is 29.74%.

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SWK has been the topic of a number of recent research reports. BidaskClub downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Morgan Stanley reaffirmed an “equal weight” rating and set a $150.00 price objective (up from $148.00) on shares of Stanley Black & Decker in a report on Tuesday, July 25th. Zacks Investment Research downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Instinet lifted their price objective on Stanley Black & Decker from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, June 28th. Finally, UBS AG reaffirmed a “buy” rating and set a $160.00 price objective (up from $150.00) on shares of Stanley Black & Decker in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. Stanley Black & Decker currently has a consensus rating of “Buy” and an average target price of $154.00.

In related news, SVP Jaime A. Ramirez sold 10,440 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $139.56, for a total transaction of $1,457,006.40. Following the sale, the senior vice president now owns 41,541 shares of the company’s stock, valued at approximately $5,797,461.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.15% of the company’s stock.

About Stanley Black & Decker

Stanley Black & Decker, Inc is a global provider of hand tools, power tools and related accessories, mechanical access solutions, such as automatic doors and commercial locking systems, electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications.

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

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