LS Investment Advisors LLC decreased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 9.5% during the fourth quarter, HoldingsChannel reports. The firm owned 27,433 shares of the industrial products company’s stock after selling 2,869 shares during the quarter. LS Investment Advisors LLC’s holdings in Stanley Black & Decker were worth $4,655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Advisory Services Network LLC increased its stake in Stanley Black & Decker by 11.0% during the 2nd quarter. Advisory Services Network LLC now owns 1,739 shares of the industrial products company’s stock valued at $245,000 after purchasing an additional 172 shares in the last quarter. DnB Asset Management AS increased its stake in Stanley Black & Decker by 1.4% during the 4th quarter. DnB Asset Management AS now owns 21,634 shares of the industrial products company’s stock valued at $3,671,000 after purchasing an additional 300 shares in the last quarter. Foyston Gordon & Payne Inc increased its stake in Stanley Black & Decker by 1.1% during the 3rd quarter. Foyston Gordon & Payne Inc now owns 29,889 shares of the industrial products company’s stock valued at $4,512,000 after purchasing an additional 318 shares in the last quarter. Amalgamated Bank increased its stake in Stanley Black & Decker by 1.9% during the 3rd quarter. Amalgamated Bank now owns 17,644 shares of the industrial products company’s stock valued at $2,664,000 after purchasing an additional 337 shares in the last quarter. Finally, CIBC Asset Management Inc increased its stake in Stanley Black & Decker by 2.4% during the 3rd quarter. CIBC Asset Management Inc now owns 14,576 shares of the industrial products company’s stock valued at $2,201,000 after purchasing an additional 340 shares in the last quarter. Institutional investors and hedge funds own 84.30% of the company’s stock.

In other news, EVP Jeffrey D. Ansell sold 5,737 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $169.20, for a total value of $970,700.40. Following the sale, the executive vice president now owns 57,480 shares in the company, valued at $9,725,616. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.15% of the stock is owned by corporate insiders.

A number of research analysts have issued reports on SWK shares. KeyCorp restated a “buy” rating and set a $185.00 price target on shares of Stanley Black & Decker in a research note on Friday, November 17th. B. Riley restated a “buy” rating on shares of Stanley Black & Decker in a research note on Wednesday, November 1st. Nomura set a $180.00 price target on shares of Stanley Black & Decker and gave the company a “buy” rating in a research note on Wednesday, October 25th. Zelman & Associates upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Wednesday, October 18th. Finally, FBR & Co upped their price target on shares of Stanley Black & Decker from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have assigned a buy rating to the company. Stanley Black & Decker has an average rating of “Buy” and an average target price of $177.75.

Shares of Stanley Black & Decker, Inc. (NYSE SWK) opened at $154.23 on Friday. The firm has a market cap of $23,651.48, a price-to-earnings ratio of 19.16, a PEG ratio of 1.80 and a beta of 0.97. Stanley Black & Decker, Inc. has a 52 week low of $123.07 and a 52 week high of $176.62. The company has a quick ratio of 0.58, a current ratio of 1.05 and a debt-to-equity ratio of 0.34.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, January 24th. The industrial products company reported $2.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.14 by $0.04. The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.27 billion. Stanley Black & Decker had a net margin of 9.62% and a return on equity of 15.48%. The business’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.71 earnings per share. research analysts forecast that Stanley Black & Decker, Inc. will post 8.43 EPS for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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