Stanley Black & Decker (SWK) Receiving Positive News Coverage, Study Shows

Headlines about Stanley Black & Decker (NYSE:SWK) have been trending positive on Friday, Alpha One Sentiment Analysis reports. The research firm, a division of Accern, identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stanley Black & Decker earned a media sentiment score of 0.33 on Alpha One’s scale. Alpha One also gave media headlines about the industrial products company an impact score of 45 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the media headlines that may have effected AlphaOne’s rankings:

Insider Buying and Selling by Quarter for Stanley Black & Decker (NYSE:SWK)

Stanley Black & Decker (NYSE:SWK) traded up 0.18% during trading on Friday, hitting $141.21. The company had a trading volume of 1,043,944 shares. The firm’s 50 day moving average is $137.68 and its 200-day moving average is $128.20. The stock has a market capitalization of $21.60 billion, a price-to-earnings ratio of 18.03 and a beta of 1.06. Stanley Black & Decker has a 52-week low of $103.86 and a 52-week high of $142.06.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Friday, April 21st. The industrial products company reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.10. Stanley Black & Decker had a net margin of 10.13% and a return on equity of 15.47%. The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the previous year, the company earned $1.28 earnings per share. Stanley Black & Decker’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, equities analysts forecast that Stanley Black & Decker will post $7.21 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 20th. Investors of record on Wednesday, June 7th will be given a $0.58 dividend. The ex-dividend date of this dividend is Monday, June 5th. This represents a $2.32 dividend on an annualized basis and a yield of 1.64%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 29.67%.

A number of equities analysts have recently issued reports on the company. BidaskClub raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Friday. Seaport Global Securities assumed coverage on Stanley Black & Decker in a research report on Friday. They set a “buy” rating and a $160.00 price target on the stock. Zacks Investment Research raised Stanley Black & Decker from a “hold” rating to a “buy” rating and set a $153.00 price target on the stock in a research report on Tuesday, May 23rd. Imperial Capital upped their price target on Stanley Black & Decker from $125.00 to $148.00 and gave the stock an “in-line” rating in a research report on Tuesday, May 9th. Finally, Barclays PLC upped their price target on Stanley Black & Decker from $144.00 to $146.00 and gave the stock an “overweight” rating in a research report on Monday, April 24th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $150.13.

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In related news, SVP Jeffrey D. Ansell sold 7,674 shares of the business’s stock in a transaction on Monday, March 20th. The shares were sold at an average price of $131.91, for a total value of $1,012,277.34. Following the completion of the sale, the senior vice president now directly owns 48,028 shares of the company’s stock, valued at $6,335,373.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Jaime A. Ramirez sold 10,440 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $139.56, for a total transaction of $1,457,006.40. Following the completion of the sale, the senior vice president now directly owns 41,541 shares of the company’s stock, valued at $5,797,461.96. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,588 shares of company stock valued at $4,025,273. 1.15% of the stock is owned by corporate insiders.

About Stanley Black & Decker

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.

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