Dakota Wealth Management Purchases 26,663 Shares of Stanley Black & Decker, Inc. (NYSE:SWK)

Dakota Wealth Management increased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 394.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,427 shares of the industrial products company's stock after acquiring an additional 26,663 shares during the quarter. Dakota Wealth Management's holdings in Stanley Black & Decker were worth $3,681,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its stake in Stanley Black & Decker by 7.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,410,842 shares of the industrial products company's stock worth $1,802,975,000 after buying an additional 1,250,925 shares in the last quarter. International Assets Investment Management LLC increased its stake in Stanley Black & Decker by 14,394.0% in the third quarter. International Assets Investment Management LLC now owns 393,657 shares of the industrial products company's stock valued at $43,353,000 after acquiring an additional 390,941 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Stanley Black & Decker by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,682,585 shares of the industrial products company's stock worth $134,444,000 after purchasing an additional 267,013 shares during the last quarter. Sabal Trust CO acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at $19,878,000. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Stanley Black & Decker by 8.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,733,749 shares of the industrial products company's stock worth $218,399,000 after buying an additional 212,103 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Insiders Place Their Bets

In other news, SVP Janet Link sold 13,520 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $103.91, for a total transaction of $1,404,863.20. Following the completion of the transaction, the senior vice president now owns 31,960 shares in the company, valued at approximately $3,320,963.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.50% of the company's stock.

Stanley Black & Decker Stock Performance

Shares of SWK stock traded down $0.91 during trading on Friday, hitting $101.98. The company's stock had a trading volume of 933,381 shares, compared to its average volume of 1,377,873. The business has a fifty day moving average of $103.57 and a 200-day moving average of $93.69. The company has a market cap of $15.70 billion, a PE ratio of -52.57, a P/E/G ratio of 2.78 and a beta of 1.24. Stanley Black & Decker, Inc. has a 52 week low of $76.57 and a 52 week high of $110.88. The company has a current ratio of 1.27, a quick ratio of 0.42 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its earnings results on Tuesday, July 30th. The industrial products company reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.25. The company had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $4.02 billion. Stanley Black & Decker had a positive return on equity of 6.06% and a negative net margin of 1.87%. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.11) EPS. As a group, research analysts anticipate that Stanley Black & Decker, Inc. will post 4.18 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Friday, November 29th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $3.28 annualized dividend and a yield of 3.22%. Stanley Black & Decker's payout ratio is -169.07%.

Analysts Set New Price Targets

SWK has been the topic of a number of recent analyst reports. Barclays lifted their target price on Stanley Black & Decker from $96.00 to $100.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 2nd. UBS Group increased their price objective on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Robert W. Baird upped their price target on shares of Stanley Black & Decker from $94.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, October 21st. The Goldman Sachs Group raised their price objective on Stanley Black & Decker from $94.00 to $107.00 and gave the company a "neutral" rating in a report on Thursday, October 10th. Finally, JPMorgan Chase & Co. increased their target price on Stanley Black & Decker from $80.00 to $88.00 and gave the company an "underweight" rating in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $106.13.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc provides hand tools, power tools, outdoor products, and related accessories in the United States, Canada, Other Americas, Europe, and Asia. Its Tools & Outdoor segment offers professional grade corded and cordless electric power tools and equipment, including drills, impact wrenches and drivers, grinders, saws, routers, and sanders; pneumatic tools and fasteners, such as nail guns, nails, staplers and staples, and concrete and masonry anchors; corded and cordless electric power tools; hand-held vacuums, paint tools, and cleaning appliances; leveling and layout tools, planes, hammers, demolition tools, clamps, vises, knives, saws, chisels, and industrial and automotive tools; drill, screwdriver, router bits, abrasives, saw blades, and threading products; tool boxes, sawhorses, medical cabinets, and engineered storage solutions; and electric and gas-powered lawn and garden products.