Stanley Black & Decker Inc. (NYSE:SWK) shares reached a new 52-week high during trading on Monday . The company traded as high as $124.00 and last traded at $123.49, with a volume of 193,688 shares traded. The stock had previously closed at $123.21.

SWK has been the topic of a number of recent research reports. Argus reissued a “hold” rating on shares of Stanley Black & Decker in a research report on Tuesday, July 26th. Zelman & Associates lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Monday, July 25th. Credit Suisse Group AG restated a “hold” rating on shares of Stanley Black & Decker in a research note on Tuesday, June 28th. Imperial Capital restated a “hold” rating and issued a $107.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, June 29th. Finally, Zacks Investment Research lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Stanley Black & Decker has an average rating of “Hold” and an average price target of $113.36.

The company has a 50-day moving average of $117.43 and a 200-day moving average of $108.22. The stock has a market capitalization of $18.58 billion and a price-to-earnings ratio of 19.28.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Friday, July 22nd. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.12. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the company earned $1.54 EPS. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. Equities research analysts expect that Stanley Black & Decker Inc. will post $6.47 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 20th. Stockholders of record on Friday, September 2nd will be given a $0.58 dividend. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.55. This represents a $2.32 annualized dividend and a dividend yield of 1.88%.

In related news, CFO Lee B. Mcchesney sold 1,875 shares of the firm’s stock in a transaction on Thursday, July 14th. The stock was sold at an average price of $118.06, for a total value of $221,362.50. Following the completion of the transaction, the chief financial officer now directly owns 28,679 shares of the company’s stock, valued at $3,385,842.74. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Donald Allan sold 30,371 shares of the firm’s stock in a transaction on Wednesday, July 27th. The stock was sold at an average price of $122.50, for a total value of $3,720,447.50. Following the completion of the transaction, the chief financial officer now directly owns 115,225 shares of the company’s stock, valued at $14,115,062.50. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. Calvert Investment Management Inc. raised its position in Stanley Black & Decker by 31.0% in the fourth quarter. Calvert Investment Management Inc. now owns 10,180 shares of the company’s stock valued at $1,087,000 after buying an additional 2,409 shares in the last quarter. Affinity Investment Advisors LLC bought a new position in Stanley Black & Decker during the fourth quarter valued at about $1,158,000. Stephens Inc. AR bought a new position in Stanley Black & Decker during the fourth quarter valued at about $1,495,000. KBC Group NV raised its position in Stanley Black & Decker by 36.0% in the fourth quarter. KBC Group NV now owns 23,161 shares of the company’s stock valued at $2,472,000 after buying an additional 6,134 shares in the last quarter. Finally, Jennison Associates LLC bought a new position in Stanley Black & Decker during the fourth quarter valued at about $3,379,000.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.