Blair William & Co. IL boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 4.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,011 shares of the industrial products company’s stock after buying an additional 346 shares during the period. Blair William & Co. IL’s holdings in Stanley Black & Decker were worth $1,127,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of SWK. Coconut Grove Bank boosted its stake in shares of Stanley Black & Decker by 98.4% in the first quarter. Coconut Grove Bank now owns 1,010 shares of the industrial products company’s stock valued at $134,000 after buying an additional 501 shares during the last quarter. Ariel Capital Advisors LLC purchased a new stake in shares of Stanley Black & Decker during the first quarter valued at $213,000. Canada Pension Plan Investment Board boosted its stake in shares of Stanley Black & Decker by 15.4% in the first quarter. Canada Pension Plan Investment Board now owns 140,405 shares of the industrial products company’s stock valued at $18,656,000 after buying an additional 18,700 shares during the last quarter. LaFleur & Godfrey LLC purchased a new stake in shares of Stanley Black & Decker during the first quarter valued at $3,163,000. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Stanley Black & Decker by 8.3% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,325 shares of the industrial products company’s stock valued at $1,637,000 after buying an additional 947 shares during the last quarter. 83.72% of the stock is currently owned by institutional investors.

Shares of Stanley Black & Decker, Inc. (NYSE SWK) opened at 138.67 on Tuesday. The stock has a market capitalization of $21.24 billion, a PE ratio of 17.76 and a beta of 1.10. Stanley Black & Decker, Inc. has a 52-week low of $111.89 and a 52-week high of $148.32. The company’s 50 day moving average price is $141.91 and its 200 day moving average price is $136.13.

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

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

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SWK has been the topic of a number of recent research reports. FBR & Co reissued an “outperform” rating on shares of Stanley Black & Decker in a research note on Tuesday, July 11th. Zacks Investment Research cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Wolfe Research initiated coverage on Stanley Black & Decker in a research note on Tuesday, July 11th. They issued an “outperform” rating and a $160.00 target price on the stock. BidaskClub cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, MKM Partners initiated coverage on Stanley Black & Decker in a research note on Friday, July 7th. They issued a “buy” rating and a $166.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $153.71.

In other Stanley Black & Decker news, SVP Jaime A. Ramirez sold 10,440 shares of the firm’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $139.56, for a total transaction of $1,457,006.40. Following the transaction, the senior vice president now owns 41,541 shares of the company’s stock, valued at $5,797,461.96. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company 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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