Bbva Compass Bancshares Inc. boosted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.3% during the second quarter, Holdings Channel reports. The fund owned 1,852 shares of the industrial products company’s stock after buying an additional 23 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Stanley Black & Decker were worth $261,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Tompkins Financial Corp increased its stake in Stanley Black & Decker by 689.6% in the first quarter. Tompkins Financial Corp now owns 987 shares of the industrial products company’s stock worth $104,000 after buying an additional 862 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Stanley Black & Decker during the first quarter worth approximately $108,000. Alexandria Capital LLC increased its stake in Stanley Black & Decker by 3.3% in the first quarter. Alexandria Capital LLC now owns 826 shares of the industrial products company’s stock worth $110,000 after buying an additional 26 shares during the last quarter. Farmers & Merchants Investments Inc. increased its stake in Stanley Black & Decker by 2.9% in the second quarter. Farmers & Merchants Investments Inc. now owns 823 shares of the industrial products company’s stock worth $116,000 after buying an additional 23 shares during the last quarter. Finally, Coconut Grove Bank increased its stake in Stanley Black & Decker by 98.4% in the first quarter. Coconut Grove Bank now owns 1,010 shares of the industrial products company’s stock worth $134,000 after buying an additional 501 shares during the last quarter. Institutional investors own 84.10% of the company’s stock.

Stanley Black & Decker, Inc. (SWK) opened at 140.34 on Thursday. Stanley Black & Decker, Inc. has a 12-month low of $111.89 and a 12-month high of $148.32. The firm has a market capitalization of $21.49 billion, a PE ratio of 17.97 and a beta of 1.10. The stock has a 50 day moving average price of $143.03 and a 200-day moving average price of $134.91.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Monday, July 24th. The industrial products company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.05. The business had revenue of $3.23 billion during the quarter, compared to analyst estimates of $3.18 billion. Stanley Black & Decker had a return on equity of 15.36% and a net margin of 9.92%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $1.84 EPS. On average, equities research analysts forecast that Stanley Black & Decker, Inc. will post $7.30 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.58. This represents a $2.52 annualized dividend and a dividend yield of 1.80%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 29.74%.

ILLEGAL ACTIVITY NOTICE: “Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by Bbva Compass Bancshares Inc.” was originally published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/10/stanley-black-decker-inc-nyseswk-shares-bought-by-bbva-compass-bancshares-inc.html.

SWK has been the topic of a number of research analyst reports. Nomura initiated coverage on Stanley Black & Decker in a research report on Wednesday, April 12th. They set a “buy” rating and a $145.00 target price on the stock. BidaskClub upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. Seaport Global Securities initiated coverage on Stanley Black & Decker in a research report on Friday, June 16th. They set a “buy” rating and a $160.00 target price on the stock. Zacks Investment Research upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $153.00 target price on the stock in a research report on Tuesday, May 23rd. Finally, Instinet boosted their target price on Stanley Black & Decker from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, June 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the stock. Stanley Black & Decker presently has a consensus rating of “Buy” and an average target price of $153.69.

In other news, SVP Jaime A. Ramirez sold 10,440 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $139.56, for a total transaction of $1,457,006.40. Following the completion of the sale, the senior vice president now directly owns 41,541 shares of the company’s stock, valued at approximately $5,797,461.96. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.15% 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.

Want to see what other hedge funds are holding SWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stanley Black & Decker, Inc. (NYSE:SWK).

Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

Receive News & Ratings for Stanley Black & Decker Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker Inc. and related companies with MarketBeat.com's FREE daily email newsletter.