Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by Diversified Trust Co

Diversified Trust Co lessened its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 69.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,676 shares of the industrial products company’s stock after selling 12,775 shares during the period. Diversified Trust Co’s holdings in Stanley Black & Decker were worth $963,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of SWK. Janus Henderson Group PLC increased its position in Stanley Black & Decker by 589.2% during the 3rd quarter. Janus Henderson Group PLC now owns 634,640 shares of the industrial products company’s stock worth $95,812,000 after purchasing an additional 542,555 shares in the last quarter. Fred Alger Management Inc. increased its position in Stanley Black & Decker by 275.0% during the 2nd quarter. Fred Alger Management Inc. now owns 701,930 shares of the industrial products company’s stock worth $98,783,000 after purchasing an additional 514,773 shares in the last quarter. Pictet Asset Management Ltd. increased its position in Stanley Black & Decker by 45.2% during the 3rd quarter. Pictet Asset Management Ltd. now owns 1,077,720 shares of the industrial products company’s stock worth $162,703,000 after purchasing an additional 335,500 shares in the last quarter. Vanguard Group Inc. increased its position in Stanley Black & Decker by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 11,396,761 shares of the industrial products company’s stock worth $1,603,865,000 after purchasing an additional 287,124 shares in the last quarter. Finally, Davidson Kempner Capital Management LP acquired a new position in Stanley Black & Decker during the 3rd quarter worth approximately $33,968,000. 84.30% of the stock is owned by institutional investors.

A number of equities analysts recently issued reports on the stock. B. Riley reiterated a “buy” rating on shares of Stanley Black & Decker in a research report on Wednesday, November 1st. Gabelli restated a “hold” rating on shares of Stanley Black & Decker in a research report on Monday, January 29th. JPMorgan Chase & Co. restated a “buy” rating and issued a $190.00 price target on shares of Stanley Black & Decker in a research report on Thursday, January 25th. UBS Group began coverage on shares of Stanley Black & Decker in a research report on Tuesday, January 23rd. They issued a “buy” rating and a $200.00 price target for the company. Finally, Seaport Global Securities restated a “buy” rating and issued a $193.00 price target on shares of Stanley Black & Decker in a research report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $177.75.

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 transaction of $970,700.40. Following the completion of the sale, the executive vice president now directly owns 57,480 shares in the company, valued at $9,725,616. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.15% of the company’s stock.

Stanley Black & Decker, Inc. (NYSE SWK) traded up $1.37 on Friday, hitting $154.23. 2,040,000 shares of the stock traded hands, compared to its average volume of 1,200,000. Stanley Black & Decker, Inc. has a 52 week low of $123.07 and a 52 week high of $176.62. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 1.05. The firm has a market capitalization of $23,650.00, a PE ratio of 19.16, a PEG ratio of 1.80 and a beta of 0.97.

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

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Stanley Black & Decker 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.

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

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