Baldwin Investment Management LLC grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 9.6% during the 1st quarter, HoldingsChannel reports. The fund owned 2,850 shares of the industrial products company’s stock after acquiring an additional 250 shares during the period. Baldwin Investment Management LLC’s holdings in Stanley Black & Decker were worth $388,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SWK. Massachusetts Financial Services Co. MA lifted its position in shares of Stanley Black & Decker by 37.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,490,447 shares of the industrial products company’s stock worth $777,167,000 after buying an additional 1,772,064 shares in the last quarter. Norges Bank purchased a new stake in shares of Stanley Black & Decker in the fourth quarter worth about $164,721,000. Pzena Investment Management LLC lifted its position in shares of Stanley Black & Decker by 96.1% in the first quarter. Pzena Investment Management LLC now owns 2,423,147 shares of the industrial products company’s stock worth $329,960,000 after buying an additional 1,187,163 shares in the last quarter. Lord Abbett & CO. LLC lifted its position in shares of Stanley Black & Decker by 271.5% in the fourth quarter. Lord Abbett & CO. LLC now owns 1,317,416 shares of the industrial products company’s stock worth $157,747,000 after buying an additional 962,792 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Stanley Black & Decker by 8.5% in the first quarter. JPMorgan Chase & Co. now owns 11,386,607 shares of the industrial products company’s stock worth $1,550,513,000 after buying an additional 893,269 shares in the last quarter. Institutional investors own 86.42% of the company’s stock.

SWK has been the topic of a number of research analyst reports. TheStreet upgraded Stanley Black & Decker from a “c+” rating to a “b” rating in a research report on Wednesday, April 24th. Longbow Research upgraded Stanley Black & Decker from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a research report on Friday, March 22nd. Robert W. Baird set a $158.00 target price on Stanley Black & Decker and gave the stock a “buy” rating in a research report on Monday, April 22nd. Zacks Investment Research upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research report on Tuesday, April 30th. Finally, Deutsche Bank decreased their target price on Stanley Black & Decker from $167.00 to $163.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. Three analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Stanley Black & Decker presently has an average rating of “Buy” and a consensus price target of $159.06.

In other Stanley Black & Decker news, insider Robert H. Raff, Jr. sold 6,179 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $151.66, for a total transaction of $937,107.14. Following the sale, the insider now directly owns 14,116 shares in the company, valued at $2,140,832.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jaime A. Ramirez sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $136.94, for a total value of $136,940.00. Following the sale, the senior vice president now owns 38,356 shares in the company, valued at $5,252,470.64. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 116,816 shares of company stock worth $17,122,550. Company insiders own 1.03% of the company’s stock.

Shares of SWK stock opened at $127.28 on Tuesday. Stanley Black & Decker, Inc. has a 1 year low of $106.41 and a 1 year high of $155.22. The company has a current ratio of 0.91, a quick ratio of 0.43 and a debt-to-equity ratio of 0.54. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 15.62, a P/E/G ratio of 1.57 and a beta of 1.31.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.32. Stanley Black & Decker had a return on equity of 17.01% and a net margin of 4.57%. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.30 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts anticipate that Stanley Black & Decker, Inc. will post 8.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $2.64 dividend on an annualized basis and a yield of 2.07%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 32.39%.

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Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

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

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