Stanley Black & Decker, Inc. (SWK) Shares Bought by Norinchukin Bank The

Norinchukin Bank The increased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 7.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,400 shares of the industrial products company’s stock after purchasing an additional 784 shares during the quarter. Norinchukin Bank The’s holdings in Stanley Black & Decker were worth $1,721,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Stanley Black & Decker by 2.6% in the second quarter. Vanguard Group Inc. now owns 11,396,761 shares of the industrial products company’s stock worth $1,603,865,000 after purchasing an additional 287,124 shares in the last quarter. Voya Investment Management LLC grew its stake in Stanley Black & Decker by 1.3% in the second quarter. Voya Investment Management LLC now owns 1,683,478 shares of the industrial products company’s stock worth $236,916,000 after purchasing an additional 20,995 shares in the last quarter. Pictet Asset Management Ltd. grew its stake in Stanley Black & Decker by 45.2% in the third quarter. Pictet Asset Management Ltd. now owns 1,077,720 shares of the industrial products company’s stock worth $162,703,000 after purchasing an additional 335,500 shares in the last quarter. Sanders Capital LLC grew its stake in Stanley Black & Decker by 2.7% in the third quarter. Sanders Capital LLC now owns 822,648 shares of the industrial products company’s stock worth $125,927,000 after purchasing an additional 22,000 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Stanley Black & Decker by 10.0% in the second quarter. Legal & General Group Plc now owns 796,706 shares of the industrial products company’s stock worth $112,120,000 after purchasing an additional 72,281 shares in the last quarter. 81.29% of the stock is currently owned by institutional investors.

In other news, insider John H. Wyatt sold 6,956 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $147.96, for a total transaction of $1,029,209.76. Following the completion of the sale, the insider now owns 49,188 shares in the company, valued at approximately $7,277,856.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Joseph R. Voelker sold 4,182 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $2,810,686.23. The disclosure for this sale can be found here. In the last quarter, insiders have sold 140,257 shares of company stock valued at $22,563,420. Company insiders own 1.15% of the company’s stock.

Shares of Stanley Black & Decker, Inc. (NYSE:SWK) remained flat at $$165.99 on Friday. 228,175 shares of the company’s stock traded hands, compared to its average volume of 853,223. Stanley Black & Decker, Inc. has a 1-year low of $114.27 and a 1-year high of $168.25. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.26. The stock has a market cap of $25,454.90, a PE ratio of 23.85, a price-to-earnings-growth ratio of 2.16 and a beta of 1.02.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. Stanley Black & Decker had a return on equity of 15.41% and a net margin of 9.79%. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the prior year, the business posted $1.68 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. equities research analysts forecast 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 issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.52%. Stanley Black & Decker’s dividend payout ratio is presently 31.82%.

Several research analysts recently issued reports on the company. Robert W. Baird reissued a “hold” rating and issued a $150.00 price objective on shares of Stanley Black & Decker in a research note on Friday, October 20th. Morgan Stanley raised Stanley Black & Decker from an “equal weight” rating to an “overweight” rating and set a $169.00 target price on the stock in a research report on Monday, October 2nd. KeyCorp reaffirmed a “buy” rating and set a $185.00 target price on shares of Stanley Black & Decker in a research report on Friday, November 17th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $175.00 target price (up previously from $165.00) on shares of Stanley Black & Decker in a research report on Wednesday, October 18th. Finally, Zacks Investment Research raised Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $168.00 target price on the stock in a research report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, two have issued 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 an average price target of $167.29.

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About Stanley Black & Decker

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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