Tradewinds Capital Management LLC continued to hold its position in Stanley Black & Decker, Inc. (NYSE:SWK) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,325 shares of the industrial products company’s stock at the end of the second quarter. Tradewinds Capital Management LLC’s holdings in Stanley Black & Decker were worth $186,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board increased its position in Stanley Black & Decker by 45.0% in the second quarter. Canada Pension Plan Investment Board now owns 203,605 shares of the industrial products company’s stock worth $28,653,000 after buying an additional 63,200 shares during the period. Summit Financial Group Inc. purchased a new position in Stanley Black & Decker during the second quarter worth about $1,112,000. Pioneer Investment Management Inc. increased its position in Stanley Black & Decker by 63.9% in the second quarter. Pioneer Investment Management Inc. now owns 73,959 shares of the industrial products company’s stock worth $10,408,000 after buying an additional 28,826 shares during the period. BP PLC increased its position in Stanley Black & Decker by 44.2% in the second quarter. BP PLC now owns 55,500 shares of the industrial products company’s stock worth $7,810,000 after buying an additional 17,000 shares during the period. Finally, Advisor Partners LLC increased its position in Stanley Black & Decker by 4.8% in the second quarter. Advisor Partners LLC now owns 3,419 shares of the industrial products company’s stock worth $481,000 after buying an additional 157 shares during the period. Hedge funds and other institutional investors own 84.10% of the company’s stock.

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

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results 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. Stanley Black & Decker had a net margin of 9.92% and a return on equity of 15.36%. The firm had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm earned $1.84 EPS. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts expect that Stanley Black & Decker, Inc. will post $7.30 EPS for the current fiscal year.

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

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A number of equities analysts recently commented on SWK shares. BidaskClub cut Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Zacks Investment Research cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $150.00 target price (up from $148.00) on shares of Stanley Black & Decker in a report on Tuesday, July 25th. UBS AG reaffirmed a “buy” rating and issued a $160.00 target price (up from $150.00) on shares of Stanley Black & Decker in a report on Tuesday, July 25th. Finally, FBR & Co reaffirmed an “outperform” rating on shares of Stanley Black & Decker in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company’s stock. Stanley Black & Decker has an average rating of “Buy” and a consensus target price of $153.69.

In related news, SVP Jaime A. Ramirez sold 10,440 shares of the company’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $139.56, for a total transaction of $1,457,006.40. Following the completion of the transaction, the senior vice president now owns 41,541 shares in the company, valued at approximately $5,797,461.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.15% of the stock is owned by corporate insiders.

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.

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

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