1,900 Shares in Stanley Black & Decker, Inc. (SWK) Purchased by AE Wealth Management LLC

AE Wealth Management LLC purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,900 shares of the industrial products company’s stock, valued at approximately $287,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. grew its stake in Stanley Black & Decker by 2.9% during the second quarter. Farmers & Merchants Investments Inc. now owns 823 shares of the industrial products company’s stock valued at $116,000 after acquiring an additional 23 shares in the last quarter. Quantitative Systematic Strategies LLC grew its stake in Stanley Black & Decker by 741.6% during the second quarter. Quantitative Systematic Strategies LLC now owns 20,998 shares of the industrial products company’s stock valued at $2,932,000 after acquiring an additional 18,503 shares in the last quarter. Benson Investment Management Company Inc. grew its stake in Stanley Black & Decker by 18.4% during the second quarter. Benson Investment Management Company Inc. now owns 17,061 shares of the industrial products company’s stock valued at $2,401,000 after acquiring an additional 2,650 shares in the last quarter. First Midwest Bank Trust Division grew its stake in Stanley Black & Decker by 5.9% during the second quarter. First Midwest Bank Trust Division now owns 5,885 shares of the industrial products company’s stock valued at $828,000 after acquiring an additional 327 shares in the last quarter. Finally, Parametrica Management Ltd purchased a new position in Stanley Black & Decker during the second quarter valued at $355,000. Institutional investors and hedge funds own 84.20% of the company’s stock.

Shares of Stanley Black & Decker, Inc. (SWK) traded down $0.11 on Thursday, reaching $168.36. 931,633 shares of the company were exchanged, compared to its average volume of 959,409. Stanley Black & Decker, Inc. has a one year low of $114.27 and a one year high of $170.90. The company has a market cap of $25,815.22, a price-to-earnings ratio of 24.19, a price-to-earnings-growth ratio of 2.19 and a beta of 1.03. The company has a quick ratio of 0.69, a current ratio of 1.26 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. Stanley Black & Decker had a net margin of 9.79% and a return on equity of 15.41%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter last year, the business posted $1.68 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. equities analysts predict that Stanley Black & Decker, Inc. will post 7.39 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Friday, December 1st will be issued a dividend of $0.63 per share. The ex-dividend date is Thursday, November 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.50%. Stanley Black & Decker’s payout ratio is 31.82%.

Several equities analysts recently weighed in on SWK shares. Robert W. Baird reaffirmed a “hold” rating and set a $150.00 target price on shares of Stanley Black & Decker in a research note on Monday, August 28th. Northcoast Research assumed coverage on shares of Stanley Black & Decker in a research note on Friday, October 20th. They issued a “buy” rating and a $193.00 price objective for the company. FBR & Co lifted their price objective on shares of Stanley Black & Decker from $165.00 to $195.00 and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Zelman & Associates raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Wednesday, October 18th. Finally, J P Morgan Chase & Co lifted their price objective on shares of Stanley Black & Decker from $152.00 to $180.00 and gave the stock an “overweight” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $167.29.

In other Stanley Black & Decker news, VP Jocelyn Belisle sold 6,845 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $164.79, for a total transaction of $1,127,987.55. Following the transaction, the vice president now owns 21,449 shares of the company’s stock, valued at approximately $3,534,580.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joseph R. Voelker sold 4,182 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $162.91, for a total transaction of $681,289.62. Following the transaction, the senior vice president now directly owns 17,253 shares in the company, valued at approximately $2,810,686.23. The disclosure for this sale can be found here. Insiders have sold a total of 145,994 shares of company stock valued at $23,534,121 in the last quarter. 1.15% of the stock is currently owned by company insiders.

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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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