Shares of Stanley Black & Decker, Inc. (NYSE:SWK) have earned a consensus rating of “Buy” from the twenty research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $167.29.

A number of equities research analysts recently commented on the company. KeyCorp reiterated a “buy” rating and issued a $185.00 target price on shares of Stanley Black & Decker in a research report on Friday, November 17th. B. Riley reiterated a “buy” rating on shares of Stanley Black & Decker in a research report on Wednesday, November 1st. J P Morgan Chase & Co boosted their target price on Stanley Black & Decker from $152.00 to $180.00 and gave the stock an “overweight” rating in a research report on Monday, October 30th. Nomura set a $180.00 target price on Stanley Black & Decker and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird boosted their target price on Stanley Black & Decker from $162.00 to $172.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th.

In other Stanley Black & Decker news, CFO Donald Allan sold 30,090 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $163.11, for a total transaction of $4,907,979.90. Following the sale, the chief financial officer now directly owns 129,203 shares in the company, valued at $21,074,301.33. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Joseph R. Voelker sold 4,182 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $162.91, for a total value of $681,289.62. Following the sale, the senior vice president now owns 17,253 shares in the company, valued at $2,810,686.23. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,257 shares of company stock worth $22,563,420. Company insiders own 1.15% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Honkamp Krueger Financial Services Inc. raised its position in Stanley Black & Decker by 0.3% during the second quarter. Honkamp Krueger Financial Services Inc. now owns 1,690 shares of the industrial products company’s stock valued at $238,000 after purchasing an additional 5 shares during the period. Bbva Compass Bancshares Inc. raised its holdings in shares of Stanley Black & Decker by 1.3% in the second quarter. Bbva Compass Bancshares Inc. now owns 1,852 shares of the industrial products company’s stock worth $261,000 after buying an additional 23 shares during the period. Wetherby Asset Management Inc. raised its holdings in shares of Stanley Black & Decker by 1.2% in the second quarter. Wetherby Asset Management Inc. now owns 2,283 shares of the industrial products company’s stock worth $321,000 after buying an additional 26 shares during the period. Scotia Capital Inc. raised its holdings in shares of Stanley Black & Decker by 0.4% in the second quarter. Scotia Capital Inc. now owns 9,655 shares of the industrial products company’s stock worth $1,359,000 after buying an additional 38 shares during the period. Finally, Twin Tree Management LP raised its holdings in shares of Stanley Black & Decker by 2.1% in the second quarter. Twin Tree Management LP now owns 2,118 shares of the industrial products company’s stock worth $298,000 after buying an additional 43 shares during the period. Institutional investors and hedge funds own 84.23% of the company’s stock.

Stanley Black & Decker (NYSE SWK) traded up $2.65 during midday trading on Thursday, hitting $169.63. The stock had a trading volume of 1,187,002 shares, compared to its average volume of 959,205. The company has a market capitalization of $25,740.00, a price-to-earnings ratio of 24.30, a price-to-earnings-growth ratio of 2.20 and a beta of 1.02. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.26. Stanley Black & Decker has a 1 year low of $114.27 and a 1 year high of $169.86.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. Stanley Black & Decker had a return on equity of 15.41% and a net margin of 9.79%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.68 earnings per share. sell-side analysts forecast that Stanley Black & Decker will post 7.39 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, December 1st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.49%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 31.82%.

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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.

Analyst Recommendations for Stanley Black & Decker (NYSE:SWK)

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