AlphaMark Advisors LLC Purchases Shares of 400 Stanley Black & Decker, Inc. (NYSE:SWK)

AlphaMark Advisors LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, Holdings Channel reports. The firm purchased 400 shares of the industrial products company’s stock, valued at approximately $32,000.

Other large investors also recently made changes to their positions in the company. First United Bank & Trust acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at approximately $25,000. Quarry LP acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at approximately $36,000. Principal Securities Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at approximately $38,000. Brown Brothers Harriman & Co. increased its stake in shares of 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. Finally, Fairman Group LLC bought a new position in shares of Stanley Black & Decker in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analysts Set New Price Targets

SWK has been the subject of several recent analyst reports. The Goldman Sachs Group increased their price objective on shares of Stanley Black & Decker from $82.00 to $94.00 and gave the company a “neutral” rating in a report on Wednesday, July 31st. UBS Group increased their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of Stanley Black & Decker from $80.00 to $88.00 and gave the company an “underweight” rating in a report on Monday, August 5th. Wells Fargo & Company raised their target price on shares of Stanley Black & Decker from $85.00 to $110.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Finally, Barclays raised their target price on shares of Stanley Black & Decker from $86.00 to $96.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and a consensus target price of $101.00.

Stanley Black & Decker Trading Up 1.5 %

Stanley Black & Decker stock traded up $1.39 during midday trading on Thursday, reaching $96.79. The stock had a trading volume of 928,080 shares, compared to its average volume of 1,474,722. The firm’s fifty day simple moving average is $88.09 and its two-hundred day simple moving average is $89.43. Stanley Black & Decker, Inc. has a twelve month low of $76.26 and a twelve month high of $108.15. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.27 and a quick ratio of 0.42. The firm has a market cap of $14.89 billion, a price-to-earnings ratio of -140.28, a PEG ratio of 2.55 and a beta of 1.25.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.25. Stanley Black & Decker had a negative net margin of 1.87% and a positive return on equity of 6.06%. The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.02 billion. During the same quarter last year, the business posted ($0.11) EPS. The company’s revenue was down 3.2% on a year-over-year basis. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 4.13 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd will be given a $0.82 dividend. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $3.28 dividend on an annualized basis and a yield of 3.39%. Stanley Black & Decker’s dividend payout ratio is presently -475.36%.

Insiders Place Their Bets

In other news, SVP Janet Link sold 13,520 shares of the firm’s stock in a transaction 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 transaction, the senior vice president now owns 31,960 shares in the company, valued at approximately $3,320,963.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.50% of the company’s stock.

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.