Stanley Black & Decker, Inc. Co (NYSE:SWK) has been the object of insider selling activity recently. Jaime A. Ramirez, SVP&Pres. Global Emerg Mkts disclosed the sale of 10,440 shares. The shares were purchased at an average price of $139.56. The SVP&Pres. Global Emerg Mkts now owns $5,797,462 of the stock per the Form 4 SEC filing. EVP & Group Executive-GT&S Jeffrey D. Ansell sold 11,474 shares at an average price of $135.56 on Fri the 21st. The EVP & Group Executive-GT&S now owns $6,782,067 of the stock per an SEC filing yesterday.
Jeffrey D. Ansell, Sr VP sold $1,012,277 worth of shares at a price of $131.91 on March 20th. That brings Ansell’s holdings to $6,134,343 as recorded in a recent Form 4 SEC filing.
Stanley Black & Decker, Inc., launched on June 4, 1901, 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. The Business’s segments include Tools & Storage, Security and Industrial. Its Tools & Storage segment consists of the power tools and hand tools, accessories and storage (HTAS) businesses. Its Security segment consists of the convergent security solutions (CSS) and mechanical access solutions (MAS) businesses. Its Industrial segment consists of the engineered fastening and infrastructure businesses. It offers brands, such as Newell Tools and Craftsman, Irwin, Lenox and Craftsman..
Here are some other firms who have updated their holdings. As of the end of the quarter Clearbridge Investments, LLC had sold 13,116 shares trimming its holdings by 1.9%. The value of the investment in SWK increased from $77,883,000 to $88,485,000 increasing 13.6% for the reporting period. As of quarter end Columbia Partners L L C Investment Management had acquired a total of 16,564 shares growing its stake by 426.8%. The value of the total investment in Stanley Black & Decker, Inc. Co went from $445,000 to $2,716,000 a change of $2,271,000 since the last quarter.
Piedmont Investment Advisors LLC grew its holdings by buying 172 shares an increase of 1.8% from 12/31/2016 to 03/31/2017. Piedmont Investment Advisors LLC owns 9,843 shares worth $1,308,000. The total value of its holdings increased 17.9%. Ballentine Partners, LLC downsized its position by shedding 88 shares a decrease of 1.0% as of 03/31/2017. Ballentine Partners, LLC now holds 8,879 shares valued at $1,180,000. The value of the position overall is up by 15.0%.
On October 27 Wunderlich maintained a stock rating of “Buy” and raised the price expectation to $140.00 from $108.00. On August 22 the stock rating was downgraded to “Neutral” from “Buy” in a statement from Longbow Research.
On July 25, 2016 the stock rating was rated “Hold” by Zelman which is down from the previous “Buy” rating. On June 10, 2016 Goldman Sachs started covering the stock with an initial rating of “Neutral” and setting a price target of $120.00.
April 14 investment analysts at Susquehanna left the company rating at “Positive” but raised the price target from $110.00 to $126.00. January 29 investment analysts at Imperial Capital made no change to the stock rating of “In-line” but moved down the price target to $103.00 from $110.00.
The company is trading down by -0.74 percent from yesterday’s close. Additionally Stanley Black & Decker, Inc. Co announced a dividend for shareholders that will be paid on Tuesday the 20th of June 2017. The dividend payment will be $0.580 per share for the quarter or $2.32 on an annualized basis. The dividend yield will be $1.66. The ex-dividend date will be on Monday June 5th, 2017.
Company chares are trading at $138.95 just above the 50 day moving average of $137.27 and which is just a bit higher than the 200 day moving average of $127.68. The 50 day moving average moved up $1.83 and the 200 day average moved up $11.42.
The P/E ratio is 17.762 and the market cap is 21.28B. In the latest earnings report the EPS was $7.83 and is estimated to be $7.21 for the current year with 152,973,000 shares currently outstanding. Next quarter’s EPS is forecasted at $1.91 with next year’s EPS anticipated to be $8.09.