Stanley Black & Decker, Inc. (NYSE:SWK) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 14,394.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 393,657 shares of the industrial products company's stock after purchasing an additional 390,941 shares during the period. International Assets Investment Management LLC owned 0.26% of Stanley Black & Decker worth $43,353,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 purchasing an additional 1,250,925 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of Stanley Black & Decker by 8.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,733,749 shares of the industrial products company's stock worth $218,399,000 after acquiring an additional 212,103 shares during the period. ProShare Advisors LLC raised its holdings in shares of Stanley Black & Decker by 6.4% during the second quarter. ProShare Advisors LLC now owns 1,983,993 shares of the industrial products company's stock worth $158,501,000 after purchasing an additional 118,927 shares during the last quarter. Dimensional Fund Advisors LP lifted its position 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 valued at $134,444,000 after purchasing an additional 267,013 shares during the period. Finally, Cooke & Bieler LP boosted its stake in shares of Stanley Black & Decker by 4.8% in the second quarter. Cooke & Bieler LP now owns 1,525,438 shares of the industrial products company's stock worth $121,867,000 after buying an additional 69,850 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Insider Buying and Selling

In other news, SVP Janet Link sold 13,520 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $103.91, for a total transaction of $1,404,863.20. Following the sale, the senior vice president now owns 31,960 shares of the company's stock, valued at approximately $3,320,963.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Stanley Black & Decker Stock Up 0.9 %

Shares of SWK traded up $0.94 during trading hours on Monday, hitting $102.92. 1,621,211 shares of the stock were exchanged, compared to its average volume of 1,379,065. Stanley Black & Decker, Inc. has a 12-month low of $77.70 and a 12-month high of $110.88. The stock's 50-day moving average price is $103.57 and its two-hundred day moving average price is $93.67. The company has a quick ratio of 0.42, a current ratio of 1.27 and a debt-to-equity ratio of 0.64.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.25. The business had revenue of $4.02 billion during the quarter, compared to analyst estimates 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 was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.11) earnings per share. Sell-side analysts forecast that Stanley Black & Decker, Inc. will post 4.18 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Friday, November 29th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $3.28 annualized dividend and a dividend yield of 3.19%. Stanley Black & Decker's dividend payout ratio is currently -169.07%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SWK shares. UBS Group lifted their target price on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the company a "buy" rating in a report on Wednesday, July 31st. The Goldman Sachs Group upped their price objective on shares of Stanley Black & Decker from $94.00 to $107.00 and gave the stock a "neutral" rating in a research report on Thursday, October 10th. Morgan Stanley initiated coverage on Stanley Black & Decker in a research report on Friday, September 6th. They set an "equal weight" rating and a $107.00 target price on the stock. Robert W. Baird upped their price target on Stanley Black & Decker from $94.00 to $104.00 and gave the stock a "neutral" rating in a report on Monday, October 21st. Finally, JPMorgan Chase & Co. raised their price objective on Stanley Black & Decker from $80.00 to $88.00 and gave the company an "underweight" rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $104.43.

Stanley Black & Decker 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.