Stanley Black & Decker, Inc. (NYSE:SWK) has been assigned a consensus recommendation of “Buy” from the nineteen research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $162.20.

SWK has been the topic of several analyst reports. Barclays increased their target price on shares of Stanley Black & Decker from $164.00 to $166.00 and gave the stock a “$138.69” rating in a report on Monday, July 23rd. JPMorgan Chase & Co. increased their target price on shares of Stanley Black & Decker from $172.00 to $176.00 and gave the stock a “$138.69” rating in a report on Monday, July 23rd. Morgan Stanley cut their target price on shares of Stanley Black & Decker from $162.00 to $161.00 and set a “$138.69” rating on the stock in a report on Monday, July 23rd. UBS Group lowered their price objective on shares of Stanley Black & Decker from $195.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, August 30th. Finally, Macquarie lowered their price objective on shares of Stanley Black & Decker from $180.00 to $175.00 and set an “outperform” rating for the company in a research report on Thursday, September 6th.

In other news, Director Michael David Hankin bought 907 shares of the firm’s stock in a transaction on Monday, October 29th. The shares were purchased at an average cost of $112.93 per share, with a total value of $102,427.51. Following the acquisition, the director now directly owns 2,157 shares in the company, valued at $243,590.01. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Jaime A. Ramirez sold 8,251 shares of the firm’s stock in a transaction dated Monday, October 29th. The shares were sold at an average price of $111.29, for a total transaction of $918,253.79. Following the completion of the transaction, the senior vice president now directly owns 36,566 shares in the company, valued at $4,069,430.14. The disclosure for this sale can be found here. Company insiders own 0.69% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Xact Kapitalforvaltning AB grew its position in Stanley Black & Decker by 1.9% during the second quarter. Xact Kapitalforvaltning AB now owns 42,411 shares of the industrial products company’s stock valued at $5,633,000 after buying an additional 779 shares during the period. Bank of Montreal Can lifted its holdings in shares of Stanley Black & Decker by 43.3% in the second quarter. Bank of Montreal Can now owns 182,740 shares of the industrial products company’s stock worth $24,270,000 after buying an additional 55,186 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Stanley Black & Decker by 2,410.0% in the second quarter. Assenagon Asset Management S.A. now owns 62,500 shares of the industrial products company’s stock worth $8,301,000 after buying an additional 60,010 shares in the last quarter. Calamos Advisors LLC purchased a new stake in shares of Stanley Black & Decker in the second quarter worth about $6,916,000. Finally, Amalgamated Bank lifted its holdings in shares of Stanley Black & Decker by 2.6% in the second quarter. Amalgamated Bank now owns 19,876 shares of the industrial products company’s stock worth $2,640,000 after buying an additional 495 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE SWK opened at $130.19 on Friday. Stanley Black & Decker has a fifty-two week low of $106.41 and a fifty-two week high of $176.62. The company has a market capitalization of $19.67 billion, a P/E ratio of 17.48, a price-to-earnings-growth ratio of 1.71 and a beta of 1.32. The company has a current ratio of 0.92, a quick ratio of 0.48 and a debt-to-equity ratio of 0.39.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, October 25th. The industrial products company reported $2.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.04 by $0.04. Stanley Black & Decker had a net margin of 7.22% and a return on equity of 16.71%. The business had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.59 billion. Research analysts predict that Stanley Black & Decker will post 8.14 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 18th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Thursday, November 29th. Stanley Black & Decker’s dividend payout ratio is presently 35.44%.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

Further Reading: Stop Order Uses For Individual Investors

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

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