ETRADE Capital Management LLC reduced its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 15.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,527 shares of the industrial products company’s stock after selling 1,514 shares during the quarter. ETRADE Capital Management LLC’s holdings in Stanley Black & Decker were worth $1,306,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in SWK. Pennsylvania Trust Co raised its holdings in shares of Stanley Black & Decker by 21.8% during the 4th quarter. Pennsylvania Trust Co now owns 116,796 shares of the industrial products company’s stock valued at $19,825,000 after buying an additional 20,942 shares during the period. Legacy Private Trust Co. raised its holdings in shares of Stanley Black & Decker by 10.1% during the 4th quarter. Legacy Private Trust Co. now owns 33,084 shares of the industrial products company’s stock valued at $5,614,000 after buying an additional 3,033 shares during the period. Whalerock Point Partners LLC purchased a new stake in shares of Stanley Black & Decker during the 4th quarter valued at about $232,000. Bank of Montreal Can raised its holdings in shares of Stanley Black & Decker by 7.1% during the 4th quarter. Bank of Montreal Can now owns 144,628 shares of the industrial products company’s stock valued at $24,542,000 after buying an additional 9,562 shares during the period. Finally, National Pension Service raised its holdings in shares of Stanley Black & Decker by 3.7% during the 4th quarter. National Pension Service now owns 163,920 shares of the industrial products company’s stock valued at $27,816,000 after buying an additional 5,900 shares during the period. Institutional investors and hedge funds own 83.30% of the company’s stock.

In other news, Director Michael David Hankin bought 350 shares of the firm’s stock in a transaction dated Friday, April 27th. The stock was bought at an average price of $143.28 per share, for a total transaction of $50,148.00. Following the transaction, the director now owns 1,250 shares in the company, valued at $179,100. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Joseph R. Voelker sold 3,284 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $151.44, for a total value of $497,328.96. Following the transaction, the senior vice president now owns 20,367 shares of the company’s stock, valued at approximately $3,084,378.48. The disclosure for this sale can be found here. 0.69% of the stock is currently owned by company insiders.

SWK has been the topic of several analyst reports. Gabelli restated a “hold” rating on shares of Stanley Black & Decker in a report on Monday, January 29th. Zacks Investment Research downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Northcoast Research set a $182.00 price objective on Stanley Black & Decker and gave the stock a “buy” rating in a report on Tuesday, April 24th. Morgan Stanley lifted their price objective on Stanley Black & Decker from $172.00 to $189.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Finally, MKM Partners lifted their price objective on Stanley Black & Decker from $170.59 to $200.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company. Stanley Black & Decker currently has a consensus rating of “Buy” and an average target price of $180.50.

Shares of Stanley Black & Decker opened at $142.18 on Wednesday, according to Marketbeat.com. The company has a market capitalization of $22.14 billion, a PE ratio of 19.05, a PEG ratio of 1.68 and a beta of 1.02. The company has a quick ratio of 0.57, a current ratio of 1.06 and a debt-to-equity ratio of 0.37. Stanley Black & Decker, Inc. has a 52 week low of $141.82 and a 52 week high of $142.81.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Friday, April 20th. The industrial products company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.35 by $0.04. The company had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.10 billion. Stanley Black & Decker had a return on equity of 15.65% and a net margin of 7.63%. The business’s revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.29 EPS. equities analysts expect that Stanley Black & Decker, Inc. will post 8.42 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 19th. Stockholders of record on Wednesday, June 6th will be given a $0.63 dividend. The ex-dividend date is Tuesday, June 5th. This represents a $2.52 annualized dividend and a dividend yield of 1.77%. Stanley Black & Decker’s payout ratio is 33.83%.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

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

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