Parametric Portfolio Associates LLC boosted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 597,293 shares of the industrial products company’s stock after buying an additional 14,633 shares during the quarter. Parametric Portfolio Associates LLC owned 0.39% of Stanley Black & Decker worth $86,375,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Benedict Financial Advisors Inc. boosted its stake in Stanley Black & Decker by 0.9% in the 2nd quarter. Benedict Financial Advisors Inc. now owns 8,217 shares of the industrial products company’s stock worth $1,188,000 after purchasing an additional 74 shares during the period. Copperwynd Financial LLC boosted its stake in Stanley Black & Decker by 3.0% in the 2nd quarter. Copperwynd Financial LLC now owns 2,972 shares of the industrial products company’s stock worth $430,000 after purchasing an additional 87 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Stanley Black & Decker by 0.7% during the 2nd quarter. Pacer Advisors Inc. now owns 14,191 shares of the industrial products company’s stock valued at $2,052,000 after buying an additional 96 shares during the period. NEXT Financial Group Inc boosted its stake in shares of Stanley Black & Decker by 53.7% during the 2nd quarter. NEXT Financial Group Inc now owns 289 shares of the industrial products company’s stock valued at $42,000 after buying an additional 101 shares during the period. Finally, Cornerstone Advisors Inc. boosted its stake in shares of Stanley Black & Decker by 22.0% during the 1st quarter. Cornerstone Advisors Inc. now owns 583 shares of the industrial products company’s stock valued at $79,000 after buying an additional 105 shares during the period. Hedge funds and other institutional investors own 85.59% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Deutsche Bank decreased their target price on shares of Stanley Black & Decker from $167.00 to $163.00 and set a “buy” rating for the company in a research note on Friday, May 17th. Bank of America assumed coverage on shares of Stanley Black & Decker in a research note on Friday, June 21st. They set an “underperform” rating and a $140.00 target price for the company. Gabelli lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Wednesday, July 24th. They noted that the move was a valuation call. Wells Fargo & Co decreased their target price on shares of Stanley Black & Decker from $170.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, July 24th. Finally, Zelman & Associates raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Tuesday, May 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have given a buy rating to the stock. Stanley Black & Decker has a consensus rating of “Buy” and an average price target of $157.06.

In related news, SVP Jaime A. Ramirez sold 9,850 shares of Stanley Black & Decker stock in a transaction on Monday, July 29th. The shares were sold at an average price of $151.04, for a total value of $1,487,744.00. Following the completion of the sale, the senior vice president now owns 45,706 shares of the company’s stock, valued at approximately $6,903,434.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.03% of the stock is currently owned by insiders.

Shares of SWK stock traded up $0.60 on Friday, hitting $147.72. The company’s stock had a trading volume of 20,266 shares, compared to its average volume of 922,364. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.95 and a quick ratio of 0.44. Stanley Black & Decker, Inc. has a fifty-two week low of $106.41 and a fifty-two week high of $155.22. The firm’s fifty day moving average price is $138.38 and its 200-day moving average price is $139.39. The stock has a market capitalization of $22.37 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.97 and a beta of 1.39.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.11. Stanley Black & Decker had a net margin of 4.97% and a return on equity of 17.10%. The business had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the previous year, the business earned $2.57 EPS. Stanley Black & Decker’s quarterly revenue was up 3.2% compared to the same quarter last year. Analysts predict that Stanley Black & Decker, Inc. will post 8.6 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd will be paid a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, August 30th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.66. Stanley Black & Decker’s payout ratio is presently 33.87%.

About Stanley Black & Decker

Stanley Black & Decker, Inc engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.

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

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