Stanley Black & Decker Inc. (NYSE:SWK)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $116.22 and last traded at $116.16, with a volume of 263,914 shares trading hands. The stock had previously closed at $114.97.

A number of equities analysts have commented on SWK shares. Goldman Sachs Group Inc. started coverage on Stanley Black & Decker in a research note on Friday, June 10th. They issued a “neutral” rating and a $120.00 target price for the company. Zacks Investment Research upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a research note on Thursday, April 14th. Morgan Stanley lifted their target price on Stanley Black & Decker from $104.00 to $111.00 in a research note on Thursday, April 7th. Susquehanna lifted their target price on Stanley Black & Decker from $110.00 to $126.00 and gave the company a “positive” rating in a research note on Thursday, April 14th. Finally, JPMorgan Chase & Co. lifted their target price on Stanley Black & Decker from $103.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, April 25th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $111.00.

The stock has a market cap of $17.54 billion and a PE ratio of 19.32. The company has a 50 day moving average of $112.62 and a 200 day moving average of $104.86.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, April 21st. The company reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.14. During the same period in the previous year, the firm earned $1.07 EPS. The business earned $2.67 billion during the quarter, compared to the consensus estimate of $2.56 billion. The business’s revenue was up 1.6% compared to the same quarter last year. Equities analysts expect that Stanley Black & Decker Inc. will post $6.36 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 21st. Investors of record on Wednesday, June 1st were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.20 dividend on an annualized basis and a yield of 1.88%.

In other Stanley Black & Decker news, VP Steven J. Stafstrom sold 1,772 shares of the company’s stock in a transaction dated 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 directly owns 24,031 shares of the company’s stock, valued at $2,708,534.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Rhonda Gass sold 1,978 shares of the company’s stock in a transaction dated Wednesday, May 25th. The stock was sold at an average price of $114.75, for a total transaction of $226,975.50. Following the sale, the vice president now directly owns 27,265 shares in the company, valued at $3,128,658.75. The disclosure for this sale can be found here.

A number of hedge funds have recently modified their holdings of SWK. Dimensional Fund Advisors LP boosted its stake in shares of Stanley Black & Decker by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,208,024 shares of the company’s stock valued at $235,670,000 after buying an additional 31,252 shares in the last quarter. Stephens Inc. AR purchased a new stake in shares of Stanley Black & Decker during the fourth quarter valued at $1,495,000. Jennison Associates LLC purchased a new stake in shares of Stanley Black & Decker during the fourth quarter valued at $3,379,000. I.G. Investment Management LTD. boosted its stake in shares of Stanley Black & Decker by 0.4% in the fourth quarter. I.G. Investment Management LTD. now owns 76,589 shares of the company’s stock valued at $8,174,000 after buying an additional 341 shares in the last quarter. Finally, US Bancorp DE boosted its stake in shares of Stanley Black & Decker by 19.9% in the fourth quarter. US Bancorp DE now owns 75,022 shares of the company’s stock valued at $8,006,000 after buying an additional 12,466 shares in the last quarter.

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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