Stanley Black & Decker, Inc. (NYSE:SWK) insider John H. Wyatt sold 6,956 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $147.96, for a total transaction of $1,029,209.76. Following the completion of the sale, the insider now owns 49,188 shares in the company, valued at $7,277,856.48. The transaction was disclosed in a filing with the SEC, which is available through this link.

Stanley Black & Decker, Inc. (SWK) traded up 0.28% on Monday, hitting $147.46. 1,186,557 shares of the stock were exchanged. The stock’s 50 day moving average price is $140.59 and its 200 day moving average price is $137.40. Stanley Black & Decker, Inc. has a 52-week low of $111.89 and a 52-week high of $148.32. The firm has a market cap of $22.58 billion, a PE ratio of 18.88 and a beta of 1.10.

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, beating the consensus estimate of $1.96 by $0.05. The firm 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 period in the previous year, the firm earned $1.84 EPS. Equities research analysts forecast that Stanley Black & Decker, Inc. will post $7.30 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Friday, September 1st will be issued a $0.63 dividend. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.58. This represents a $2.52 annualized dividend and a yield of 1.71%. The ex-dividend date is Wednesday, August 30th. Stanley Black & Decker’s payout ratio is 32.31%.

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Several research firms have issued reports on SWK. Zacks Investment Research upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $153.00 target price on the stock in a research note on Tuesday, May 23rd. Seaport Global Securities started coverage on shares of Stanley Black & Decker in a research report on Friday, June 16th. They set a “buy” rating and a $160.00 price objective on the stock. Wolfe Research started coverage on shares of Stanley Black & Decker in a research report on Tuesday, July 11th. They set an “outperform” rating and a $160.00 price objective on the stock. Morgan Stanley raised their price objective on shares of Stanley Black & Decker from $150.00 to $154.00 and gave the company an “equal weight” rating in a research report on Thursday, August 10th. Finally, FBR & Co restated an “outperform” rating on shares of Stanley Black & Decker in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $153.71.

Institutional investors and hedge funds have recently modified their holdings of the stock. BB&T Investment Services Inc. purchased a new stake in Stanley Black & Decker during the second quarter worth about $102,000. Thompson Davis & CO. Inc. purchased a new stake in Stanley Black & Decker during the first quarter worth about $108,000. Acrospire Investment Management LLC increased its stake in Stanley Black & Decker by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 800 shares of the industrial products company’s stock worth $113,000 after purchasing an additional 400 shares during the period. Farmers & Merchants Investments Inc. increased its stake in Stanley Black & Decker by 2.9% during the second quarter. Farmers & Merchants Investments Inc. now owns 823 shares of the industrial products company’s stock worth $116,000 after purchasing an additional 23 shares during the period. Finally, Independent Portfolio Consultants Inc. increased its stake in Stanley Black & Decker by 87.8% during the second quarter. Independent Portfolio Consultants Inc. now owns 986 shares of the industrial products company’s stock worth $139,000 after purchasing an additional 461 shares during the period. Hedge funds and other institutional investors own 83.74% of the company’s stock.

Stanley Black & Decker Company Profile

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.

Insider Buying and Selling by Quarter for Stanley Black & Decker (NYSE:SWK)

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