Great West Life Assurance Co. Can increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,231 shares of the industrial products company’s stock after acquiring an additional 2,127 shares during the period. Great West Life Assurance Co. Can owned about 0.07% of Stanley Black & Decker worth $16,907,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in SWK. BB&T Investment Services Inc. bought a new position in Stanley Black & Decker during the second quarter valued at about $102,000. Acrospire Investment Management LLC raised its holdings in Stanley Black & Decker by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 800 shares of the industrial products company’s stock valued at $113,000 after buying an additional 400 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its holdings in Stanley Black & Decker by 22.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,806 shares of the industrial products company’s stock valued at $131,000 after buying an additional 709 shares in the last quarter. Thompson Davis & CO. Inc. raised its holdings in Stanley Black & Decker by 108.8% during the third quarter. Thompson Davis & CO. Inc. now owns 1,023 shares of the industrial products company’s stock valued at $154,000 after buying an additional 533 shares in the last quarter. Finally, Sun Life Financial INC raised its holdings in Stanley Black & Decker by 10,027.3% during the second quarter. Sun Life Financial INC now owns 1,114 shares of the industrial products company’s stock valued at $157,000 after buying an additional 1,103 shares in the last quarter. Institutional investors and hedge funds own 84.23% of the company’s stock.

In related news, VP Jocelyn Belisle sold 6,845 shares of Stanley Black & Decker stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $164.79, for a total transaction of $1,127,987.55. Following the sale, the vice president now directly owns 21,449 shares of the company’s stock, valued at $3,534,580.71. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Donald Allan sold 30,090 shares of Stanley Black & Decker stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $163.11, for a total value 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 disclosure for this sale can be found here. Insiders sold 140,257 shares of company stock worth $22,563,420 over the last quarter. 1.15% of the stock is currently owned by corporate insiders.

SWK has been the topic of several recent research reports. BidaskClub lowered Stanley Black & Decker from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Morgan Stanley raised their target price on Stanley Black & Decker from $150.00 to $154.00 and gave the company an “equal weight” rating in a report on Thursday, August 10th. Robert W. Baird restated a “hold” rating and set a $150.00 target price on shares of Stanley Black & Decker in a report on Monday, August 28th. Zacks Investment Research upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $168.00 target price on the stock in a report on Tuesday, September 26th. Finally, KeyCorp raised their target price on Stanley Black & Decker from $160.00 to $185.00 and gave the company a “hold” rating in a report on Friday, October 13th. One 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’s stock. The company currently has an average rating of “Buy” and a consensus price target of $167.29.

Stanley Black & Decker, Inc. (SWK) traded down $0.90 during trading on Friday, hitting $168.73. The stock had a trading volume of 879,448 shares, compared to its average volume of 812,682. The company has a quick ratio of 0.69, a current ratio of 1.26 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $26,013.05, a price-to-earnings ratio of 24.37, a PEG ratio of 2.21 and a beta of 1.03. Stanley Black & Decker, Inc. has a twelve month low of $114.27 and a twelve month high of $170.33.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. The business had revenue of $3.30 billion for 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 firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.68 earnings per share. analysts predict that Stanley Black & Decker, Inc. will post 7.39 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Friday, December 1st will be paid a $0.63 dividend. The ex-dividend date is Thursday, November 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.49%. Stanley Black & Decker’s payout ratio 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.

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

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