Stanley Black & Decker, Inc. (SWK) Shares Sold by CWM Advisors LLC

CWM Advisors LLC trimmed its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 25.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,830 shares of the industrial products company’s stock after selling 972 shares during the period. CWM Advisors LLC’s holdings in Stanley Black & Decker were worth $339,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Legacy Financial Advisors Inc. boosted its stake in Stanley Black & Decker by 72.8% during the 4th quarter. Legacy Financial Advisors Inc. now owns 330 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 139 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in Stanley Black & Decker during the 4th quarter valued at about $57,000. CWM LLC boosted its stake in Stanley Black & Decker by 40.2% during the 4th quarter. CWM LLC now owns 617 shares of the industrial products company’s stock valued at $74,000 after purchasing an additional 177 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Stanley Black & Decker by 20,766.7% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 626 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 623 shares during the last quarter. Finally, Rational Advisors LLC boosted its stake in Stanley Black & Decker by 6,076.9% during the 3rd quarter. Rational Advisors LLC now owns 803 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 790 shares during the last quarter. 86.09% of the stock is owned by institutional investors and hedge funds.

In related news, SVP Jaime A. Ramirez sold 600 shares of the company’s stock in a transaction that occurred on Thursday, January 24th. The stock was sold at an average price of $118.69, for a total value of $71,214.00. Following the transaction, the senior vice president now owns 35,048 shares in the company, valued at $4,159,847.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.69% of the stock is currently owned by corporate insiders.

Shares of NYSE SWK opened at $130.26 on Wednesday. Stanley Black & Decker, Inc. has a twelve month low of $106.41 and a twelve month high of $164.94. The company has a market capitalization of $19.30 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 1.57 and a beta of 1.24. The company has a current ratio of 1.16, a quick ratio of 0.56 and a debt-to-equity ratio of 0.48.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Tuesday, January 22nd. The industrial products company reported $2.11 EPS for the quarter, beating the consensus estimate of $2.10 by $0.01. Stanley Black & Decker had a return on equity of 16.29% and a net margin of 4.62%. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.62 billion. During the same quarter in the prior year, the business earned $2.18 earnings per share. Stanley Black & Decker’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts forecast that Stanley Black & Decker, Inc. will post 8.56 EPS for the current fiscal year.

A number of equities analysts have issued reports on the company. ValuEngine upgraded Stanley Black & Decker from a “sell” rating to a “hold” rating in a research note on Tuesday, January 29th. Deutsche Bank set a $137.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a research note on Wednesday, January 23rd. Zacks Investment Research downgraded Stanley Black & Decker from a “hold” rating to a “sell” rating in a research note on Tuesday, October 30th. Macquarie set a $140.00 price target on Stanley Black & Decker and gave the company a “buy” rating in a research note on Tuesday, October 30th. Finally, Buckingham Research set a $133.00 price target on Stanley Black & Decker and gave the company a “hold” rating in a research note on Wednesday, January 16th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Stanley Black & Decker has a consensus rating of “Buy” and a consensus price target of $156.53.

COPYRIGHT VIOLATION NOTICE: “Stanley Black & Decker, Inc. (SWK) Shares Sold by CWM Advisors LLC” was first posted by Enterprise Leader and is owned by of Enterprise Leader. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://theenterpriseleader.com/2019/02/06/stanley-black-decker-inc-swk-shares-sold-by-cwm-advisors-llc.html.

About Stanley Black & Decker

Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.

See Also: Consumer Price Index (CPI)

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

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply