Stanley Black & Decker Inc (NYSE:SWK).
Raymond James & Associates reports that it increased its position in Stanley Black & Decker Inc shares by 128,140 shares as of the end of the last quarter. Its investment was worth $21,263,000 an increase of 23,791.0% as of quarter end.
Several firms have shifted positions in (SWK). Baird Financial Group, Inc. augmented its ownership by buying 245 shares an increase of 3.5% from 06/30/2017 to 09/30/2017. Baird Financial Group, Inc. claims 7,255 shares with a value of $1,095,000. The total value of its holdings increased 10.9%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS grew its holdings by buying 1,090 shares an increase of 9.6%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS owns 12,455 shares worth $1,880,000. The value of the position overall is up by 17.6%.
Tredje Ap-fonden downsized its position by selling 918 shares a decrease of 3.6% in the quarter. Tredje Ap-fonden now controls 24,879 shares valued at $3,756,000. The value of the position overall is up by 3.5%.
Equity analyst J P Morgan Chase & Co raised the price target of the stock on October 30 changing the forecast from $152.00 to $180.00 and issued a “Overweight” rating. Equity analyst Nomura issued a report on SWK with a rating of “Buy” and setting a price target of $180.00.
Robert W. Baird raised the price target on October 25 boosting the projection from $162.00 to $172.00 with a rating of “Neutral”. Equity analyst FBR & Co raised the price target on October 24 changing the price objective from $165.00 to $195.00 and issued a “Buy” recommendation.
October 20 investment analysts at Robert W. Baird held the company rating at “Hold” targeting a price of $150.00. Northcoast Research updated guidance on SWK giving it an initial rating of “Buy”.
The company is trading down from yesterday’s close of 164.11. The company’s P/E ratio is 20.62 and the market cap of the company is 25.04B. In the latest earnings report the EPS was $7.92 with 153.35M shares currently outstanding.
Short traders are feeling a little more bearish on shares of the company recently if you put credence in the increase in short interest. The stock saw a rise in short interest between September 29, 2017 and October 13, 2017 of 0.76%. Short shares grew 13,604 over that timeframe. The short-interest ratio decreased to 2.0 and the short interest percentage is 0.01% as of October 13.