Stanley Black & Decker, Inc. (NYSE:SWK) Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lowered its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,582 shares of the industrial products company’s stock after selling 435 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Stanley Black & Decker were worth $2,283,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. First United Bank & Trust purchased a new stake in Stanley Black & Decker in the 4th quarter valued at about $25,000. AlphaMark Advisors LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter worth approximately $32,000. Quarry LP purchased a new position in shares of Stanley Black & Decker during the 4th quarter worth approximately $36,000. Principal Securities Inc. acquired a new stake in Stanley Black & Decker in the 4th quarter valued at approximately $38,000. Finally, Brown Brothers Harriman & Co. raised its position in Stanley Black & Decker by 39.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 496 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 140 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Stanley Black & Decker from $80.00 to $88.00 and gave the stock an “underweight” rating in a research report on Monday, August 5th. Robert W. Baird lifted their target price on Stanley Black & Decker from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. The Goldman Sachs Group raised their price objective on shares of Stanley Black & Decker from $82.00 to $94.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. UBS Group upped their target price on shares of Stanley Black & Decker from $110.00 to $121.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Finally, Barclays raised their price target on shares of Stanley Black & Decker from $86.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $101.00.

Insider Buying and Selling

In other Stanley Black & Decker news, SVP Janet Link sold 13,520 shares of the firm’s stock in a transaction that occurred on 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 $3,320,963.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by company insiders.

Stanley Black & Decker Stock Up 0.5 %

Shares of Stanley Black & Decker stock opened at $102.36 on Monday. 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, Inc. has a 52-week low of $76.26 and a 52-week high of $108.15. The company has a market capitalization of $15.76 billion, a P/E ratio of -148.35, a P/E/G ratio of 2.72 and a beta of 1.25. The company has a 50 day moving average of $91.46 and a 200 day moving average of $90.08.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.25. The business had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.02 billion. Stanley Black & Decker had a negative net margin of 1.87% and a positive return on equity of 6.06%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.11) EPS. As a group, research analysts forecast that Stanley Black & Decker, Inc. will post 4.17 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Tuesday, September 3rd. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.81. Stanley Black & Decker’s dividend payout ratio (DPR) is -469.56%.

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.