Stanley Black & Decker, Inc. (NYSE:SWK) EVP Jeffrey D. Ansell sold 5,737 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $169.20, for a total transaction of $970,700.40. Following the sale, the executive vice president now directly owns 57,480 shares of the company’s stock, valued at approximately $9,725,616. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of Stanley Black & Decker, Inc. (SWK) traded up $0.13 during trading on Thursday, hitting $168.47. 584,400 shares of the company traded hands, compared to its average volume of 959,528. 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 $25,815.22, a price-to-earnings ratio of 24.19, a price-to-earnings-growth ratio of 2.19 and a beta of 1.03. Stanley Black & Decker, Inc. has a 52 week low of $114.27 and a 52 week high of $170.90.

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, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. Stanley Black & Decker had a net margin of 9.79% and a return on equity of 15.41%. Stanley Black & Decker’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $1.68 EPS. equities analysts anticipate that Stanley Black & Decker, Inc. will post 7.39 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Investors 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%.

SWK has been the subject of several research reports. B. Riley restated a “buy” rating on shares of Stanley Black & Decker in a report on Wednesday, November 1st. Morgan Stanley upped their price objective on shares of Stanley Black & Decker from $150.00 to $154.00 and gave the stock an “equal weight” rating in a report on Thursday, August 10th. FBR & Co upped their price objective 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. Robert W. Baird restated a “hold” rating and issued a $150.00 price objective on shares of Stanley Black & Decker in a report on Friday, October 20th. Finally, KeyCorp upped their price objective on shares of Stanley Black & Decker from $160.00 to $185.00 and gave the stock a “hold” rating in a report on Friday, October 13th. One 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. The stock currently has a consensus rating of “Buy” and a consensus target price of $167.29.

Institutional investors have recently modified their holdings of the stock. BB&T Investment Services Inc. bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth about $102,000. Acrospire Investment Management LLC increased its stake in shares of Stanley Black & Decker by 100.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 800 shares of the industrial products company’s stock worth $113,000 after acquiring an additional 400 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Stanley Black & Decker by 22.9% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,806 shares of the industrial products company’s stock worth $131,000 after acquiring an additional 709 shares in the last quarter. Bank of Nova Scotia Trust Co. bought a new position in shares of Stanley Black & Decker in the 3rd quarter worth about $141,000. Finally, Thompson Davis & CO. Inc. increased its stake in shares of Stanley Black & Decker by 108.8% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 1,023 shares of the industrial products company’s stock worth $154,000 after acquiring an additional 533 shares in the last quarter. Institutional investors own 84.20% of the company’s stock.

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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.

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

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