WINTON GROUP Ltd lowered its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 89.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,357 shares of the industrial products company’s stock after selling 55,006 shares during the period. WINTON GROUP Ltd’s holdings in Stanley Black & Decker were worth $960,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SWK. Fred Alger Management Inc. increased its stake in shares of Stanley Black & Decker by 275.0% during the second quarter. Fred Alger Management Inc. now owns 701,930 shares of the industrial products company’s stock worth $98,783,000 after purchasing an additional 514,773 shares during the period. Pictet Asset Management Ltd. increased its stake in shares of Stanley Black & Decker by 45.2% during the third quarter. Pictet Asset Management Ltd. now owns 1,077,720 shares of the industrial products company’s stock worth $162,703,000 after purchasing an additional 335,500 shares during the period. Vanguard Group Inc. increased its stake in shares of Stanley Black & Decker by 2.6% during the second quarter. Vanguard Group Inc. now owns 11,396,761 shares of the industrial products company’s stock worth $1,603,865,000 after purchasing an additional 287,124 shares during the period. Wedge Capital Management L L P NC bought a new position in shares of Stanley Black & Decker during the second quarter worth approximately $34,675,000. Finally, Vaughan David Investments Inc. IL increased its stake in shares of Stanley Black & Decker by 9,320.2% during the third quarter. Vaughan David Investments Inc. IL now owns 219,867 shares of the industrial products company’s stock worth $19,931,000 after purchasing an additional 217,533 shares during the period. Institutional investors own 84.20% of the company’s stock.

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) traded down $1.47 on Wednesday, hitting $168.34. The stock had a trading volume of 1,152,100 shares, compared to its average volume of 961,131. Stanley Black & Decker, Inc. has a one year low of $114.27 and a one year high of $170.90. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.26. The company has a market cap of $26,040.65, a price-to-earnings ratio of 24.40, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.87 by $0.08. Stanley Black & Decker had a return on equity of 15.41% and a net margin of 9.79%. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same quarter last year, the company posted $1.68 EPS. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. equities analysts expect that Stanley Black & Decker, Inc. will post 7.39 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Friday, December 1st will be paid a $0.63 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.50%. Stanley Black & Decker’s payout ratio is 31.82%.

In other news, CFO Donald Allan sold 30,090 shares of Stanley Black & Decker stock in a transaction on Friday, November 10th. The stock was sold at an average price of $163.11, for a total value of $4,907,979.90. Following the transaction, the chief financial officer now owns 129,203 shares in the company, valued at approximately $21,074,301.33. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John H. Wyatt sold 6,956 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $147.96, for a total value of $1,029,209.76. Following the sale, the insider now directly owns 49,188 shares in the company, valued at approximately $7,277,856.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,257 shares of company stock worth $22,563,420. Corporate insiders own 1.15% of the company’s stock.

A number of equities analysts have recently weighed in on SWK shares. Morgan Stanley increased their target price on Stanley Black & Decker from $150.00 to $154.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 10th. Robert W. Baird restated a “hold” rating and set a $150.00 price objective on shares of Stanley Black & Decker in a research note on Monday, August 28th. Zacks Investment Research upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $168.00 price objective on the stock in a research note on Tuesday, September 26th. KeyCorp raised their price objective on Stanley Black & Decker from $160.00 to $185.00 and gave the stock a “hold” rating in a research note on Friday, October 13th. Finally, Wells Fargo & Company restated an “outperform” rating and set a $175.00 price objective (up previously from $165.00) on shares of Stanley Black & Decker in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have assigned a buy rating to the stock. Stanley Black & Decker has a consensus rating of “Buy” and an average target price of $167.29.

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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.

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

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