The Stanley Black & Decker, Inc. (SWK) Plans Quarterly Dividend of $0.58

Gladys Abbott
April 21, 2017

(NYSE:SWK) declared a quarterly dividend on Wednesday, February 15th. This is an increase over its revenue of $2.67 billion that was reported in the first quarter of 2016.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Maryland-based Torray Limited Liability Com has invested 1.26% in Stanley Black & Decker, Inc. Barclays PLC boosted their target price on shares of Stanley Black & Decker from $140.00 to $144.00 and gave the stock an overweight rating in a report on Monday, March 13th. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Likewise, the upbeat performance for the last quarter was 10.42% and for the full year it was 22.87%.

Stanley Black & Decker shares have increased 16 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 5 percent. (NYSE:SWK) market capitalization at present is $20.02B at the rate of $131.17 a share.

Kansas City Southern and Stanley Black & Decker have arranged their earnings calls before the opening bell on Friday, April 21. The industrial products company reported $1.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.68 by $0.03.

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In the profitability analysis, net profit margin of the firm was recorded at 8.50% and operating profit margin was calculated at 12.30% while gross profit margin was measured as 37.40%. The business earned $2.90 billion during the quarter, compared to the consensus estimate of $2.93 billion. During the same period previous year, the firm posted $1.78 EPS. The growth for the next year comes down to 11.22%, and its growth for the last five years shows at 12.80%.

Heading into the earnings release, covering analysts have a consensus target price of $136.27 on Stanley Black & Decker, Inc. shares. This represents a $2.32 annualized dividend and a yield of 1.77%.

Stanley Black & Decker, Inc is a provider of hand tools, power tools and related accessories, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of United States & global trademark & copyright legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/04/20/alta-capital-management-llc-has-314000-stake-in-stanley-black-decker-inc-swk.html. The firm has "Outperform" rating by Macquarie Research given on Monday, August 31. Imperial Capital reaffirmed an "in-line" rating and issued a $125.00 price objective on shares of Stanley Black & Decker in a report on Friday, December 23rd.

09/22/2015 - Buckingham Research began new coverage on Stanley Black & Decker, Inc. giving the company a "neutral" rating. They now have a Dollars 145 price target on the stock. Finally, Nomura started coverage on Stanley Black & Decker in a research note on Wednesday, April 12th. They issued a "buy" rating and a $145.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Current price places the company's stock -8.56% away from its 200-day simple moving average, -1.13%, away from the 50-day average and also 1.43% away from 20-day average. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Adage Capital Partners GP L.L.C. purchased a new stake in shares of Stanley Black & Decker during the third quarter valued at about $58,718,000. Following the completion of the transaction, the vice president now owns 17,156 shares of the company's stock, valued at $2,141,240.36.

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