Stanley Black & Decker Inc. (NYSE:SWK)’s share price gapped up prior to trading on Friday . The stock had previously closed at $112.45, but opened at $112.97. Stanley Black & Decker shares last traded at $114.86, with a volume of 329,760 shares traded.

Several equities analysts have commented on the stock. Longbow Research restated a “buy” rating and issued a $115.00 price target on shares of Stanley Black & Decker in a research note on Thursday, April 14th. Zacks Investment Research downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Thursday, March 17th. Imperial Capital boosted their target price on shares of Stanley Black & Decker from $103.00 to $107.00 and gave the stock an “in-line” rating in a research note on Friday, April 22nd. Wunderlich boosted their target price on shares of Stanley Black & Decker from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, April 21st. Finally, Goldman Sachs Group Inc. began coverage on shares of Stanley Black & Decker in a research note on Friday, June 10th. They set a “neutral” rating and a $120.00 target price for the company. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $111.00.

The firm has a market capitalization of $17.26 billion and a price-to-earnings ratio of 19.01. The company’s 50 day moving average price is $112.43 and its 200 day moving average price is $104.73.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Thursday, April 21st. The company reported $1.28 EPS for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.14. The business earned $2.67 billion during the quarter, compared to analysts’ expectations of $2.56 billion. The business’s revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 EPS. Equities analysts anticipate that Stanley Black & Decker Inc. will post $6.35 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 21st. Investors of record on Wednesday, June 1st were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.91%. The ex-dividend date was Friday, May 27th.

In related news, VP Steven J. Stafstrom sold 1,772 shares of Stanley Black & Decker stock in a transaction on Tuesday, April 26th. The shares were sold at an average price of $112.71, for a total transaction of $199,722.12. Following the sale, the vice president now owns 24,031 shares of the company’s stock, valued at approximately $2,708,534.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Lee B. Mcchesney sold 1,341 shares of Stanley Black & Decker stock in a transaction on Tuesday, April 19th. The stock was sold at an average price of $109.90, for a total transaction of $147,375.90. Following the sale, the chief financial officer now directly owns 26,804 shares in the company, valued at approximately $2,945,759.60. The disclosure for this sale can be found here.

A number of large investors have recently added to or reduced their stakes in the company. Sei Investments Co. increased its stake in Stanley Black & Decker by 675.4% in the fourth quarter. Sei Investments Co. now owns 29,852 shares of the company’s stock valued at $3,186,000 after buying an additional 26,002 shares during the period. New York State Common Retirement Fund increased its stake in Stanley Black & Decker by 0.8% in the fourth quarter. New York State Common Retirement Fund now owns 501,990 shares of the company’s stock valued at $53,577,000 after buying an additional 3,800 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in Stanley Black & Decker by 96.6% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 122,500 shares of the company’s stock valued at $13,074,000 after buying an additional 60,205 shares during the period. OppenheimerFunds Inc. increased its stake in Stanley Black & Decker by 1.9% in the fourth quarter. OppenheimerFunds Inc. now owns 1,195,445 shares of the company’s stock valued at $127,592,000 after buying an additional 21,903 shares during the period. Finally, Essex Financial Services Inc. increased its stake in Stanley Black & Decker by 2.0% in the fourth quarter. Essex Financial Services Inc. now owns 17,564 shares of the company’s stock valued at $1,875,000 after buying an additional 344 shares during the period.

Stanley Black & Decker, Inc is a provider of hand tools, power tools and related accessories, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications.

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