Swiss National Bank decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 3.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 492,564 shares of the industrial products company’s stock after selling 16,500 shares during the period. Swiss National Bank owned about 0.33% of Stanley Black & Decker worth $72,131,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Pennsylvania Trust Co grew its stake in shares of Stanley Black & Decker by 6.1% in the third quarter. Pennsylvania Trust Co now owns 100,609 shares of the industrial products company’s stock worth $14,734,000 after acquiring an additional 5,765 shares in the last quarter. Toth Financial Advisory Corp acquired a new position in shares of Stanley Black & Decker in the third quarter worth $264,000. Cornerstone Wealth Management LLC grew its stake in shares of Stanley Black & Decker by 1,196.2% in the third quarter. Cornerstone Wealth Management LLC now owns 664,439 shares of the industrial products company’s stock worth $4,241,000 after acquiring an additional 613,177 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Stanley Black & Decker by 27.5% in the third quarter. Sterling Capital Management LLC now owns 45,210 shares of the industrial products company’s stock worth $6,621,000 after acquiring an additional 9,749 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of Stanley Black & Decker by 72.3% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 5,301 shares of the industrial products company’s stock worth $704,000 after acquiring an additional 2,225 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

In related news, SVP Jaime A. Ramirez sold 8,251 shares of the business’s stock in a transaction on Monday, October 29th. The shares were sold at an average price of $111.29, for a total value of $918,253.79. Following the completion of the sale, the senior vice president now directly owns 36,566 shares of the company’s stock, valued at $4,069,430.14. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Jocelyn Belisle sold 1,185 shares of the business’s stock in a transaction on Friday, September 7th. The shares were sold at an average price of $139.04, for a total transaction of $164,762.40. Following the completion of the sale, the vice president now directly owns 12,766 shares of the company’s stock, valued at $1,774,984.64. The disclosure for this sale can be found here. 0.69% of the stock is owned by insiders.

SWK has been the subject of several research reports. ValuEngine downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Zacks Investment Research downgraded shares of Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Monday, October 15th. Barclays boosted their price target on shares of Stanley Black & Decker from $164.00 to $166.00 and gave the stock a “$138.69” rating in a research note on Monday, July 23rd. Macquarie decreased 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. Finally, Credit Suisse Group set a $160.00 price objective on shares of Stanley Black & Decker and gave the stock a “buy” rating in a research report on Wednesday, October 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the stock. Stanley Black & Decker has an average rating of “Buy” and an average price target of $163.29.

Stanley Black & Decker stock opened at $126.87 on Tuesday. The firm has a market cap of $19.67 billion, a PE ratio of 17.03, a PEG ratio of 1.71 and a beta of 1.32. Stanley Black & Decker, Inc. has a 12-month low of $106.41 and a 12-month high of $176.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.92 and a quick ratio of 0.48.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Thursday, October 25th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.04 by $0.04. The business had revenue of $3.49 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Stanley Black & Decker had a net margin of 7.22% and a return on equity of 16.71%. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 8.14 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 18th. Investors of record on Friday, November 30th will be given a $0.66 dividend. The ex-dividend date is Thursday, November 29th. This represents a $2.64 dividend on an annualized basis and a yield of 2.08%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 35.44%.

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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.

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

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