Stanley Black & Decker, Inc. (SWK) SVP Sells $681,289.62 in Stock

Stanley Black & Decker, Inc. (NYSE:SWK) SVP Joseph R. Voelker sold 4,182 shares of Stanley Black & Decker stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $162.91, for a total transaction of $681,289.62. Following the transaction, the senior vice president now directly owns 17,253 shares in the company, valued at $2,810,686.23. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Stanley Black & Decker, Inc. (SWK) opened at $162.97 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.26 and a quick ratio of 0.69. The firm has a market cap of $24,973.33, a P/E ratio of 23.40, a P/E/G ratio of 2.12 and a beta of 1.02. Stanley Black & Decker, Inc. has a 52-week low of $114.27 and a 52-week high of $168.25.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, December 1st will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, November 30th. Stanley Black & Decker’s payout ratio is currently 31.82%.

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A number of equities analysts have issued reports on the stock. B. Riley reaffirmed a “buy” rating on shares of Stanley Black & Decker in a report on Wednesday, November 1st. J P Morgan Chase & Co boosted their price target on shares of Stanley Black & Decker from $152.00 to $180.00 and gave the stock an “overweight” rating in a report on Monday, October 30th. Nomura set a $180.00 price target on shares of Stanley Black & Decker and gave the stock a “buy” rating in a report on Wednesday, October 25th. Robert W. Baird boosted their price target on shares of Stanley Black & Decker from $162.00 to $172.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Finally, FBR & Co boosted their price target on shares of Stanley Black & Decker from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $167.29.

Hedge funds and other institutional investors have recently modified their holdings of the business. Mutual of America Capital Management LLC grew its position in Stanley Black & Decker by 2.9% during the third quarter. Mutual of America Capital Management LLC now owns 32,314 shares of the industrial products company’s stock valued at $4,878,000 after acquiring an additional 915 shares during the last quarter. Swiss National Bank boosted its stake in shares of Stanley Black & Decker by 4.4% during the second quarter. Swiss National Bank now owns 557,464 shares of the industrial products company’s stock valued at $78,452,000 after purchasing an additional 23,400 shares during the period. Honeywell International Inc. boosted its stake in shares of Stanley Black & Decker by 86.1% during the third quarter. Honeywell International Inc. now owns 186,100 shares of the industrial products company’s stock valued at $28,096,000 after purchasing an additional 86,100 shares during the period. Utah Retirement Systems boosted its stake in shares of Stanley Black & Decker by 2.2% during the second quarter. Utah Retirement Systems now owns 28,002 shares of the industrial products company’s stock valued at $3,940,000 after purchasing an additional 600 shares during the period. Finally, Jackson Wealth Management LLC purchased a new stake in shares of Stanley Black & Decker during the second quarter valued at approximately $1,465,000. Institutional investors and hedge funds own 83.71% 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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