Stanley Black & Decker Target of Unusually Large Options Trading (NYSE:SWK)

Stanley Black & Decker, Inc. (NYSE:SWK - Get Free Report) saw unusually large options trading activity on Monday. Stock traders bought 4,138 call options on the company. This represents an increase of 59% compared to the typical daily volume of 2,610 call options.

Analyst Ratings Changes

A number of analysts have commented on SWK shares. Jefferies Financial Group started coverage on shares of Stanley Black & Decker in a research report on Wednesday, February 19th. They set a "buy" rating and a $103.00 price target on the stock. Robert W. Baird boosted their price target on shares of Stanley Black & Decker from $60.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Wells Fargo & Company dropped their price target on shares of Stanley Black & Decker from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. Barclays upgraded shares of Stanley Black & Decker from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $69.00 to $90.00 in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Stanley Black & Decker from $93.00 to $60.00 and set an "underweight" rating on the stock in a report on Monday, May 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has a consensus rating of "Hold" and an average price target of $91.10.

Stanley Black & Decker Stock Down 1.6%

SWK stock traded down $1.16 during trading hours on Thursday, hitting $70.70. The company's stock had a trading volume of 2,120,593 shares, compared to its average volume of 1,858,790. The company has a quick ratio of 0.37, a current ratio of 1.30 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $10.94 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 1.33 and a beta of 1.19. Stanley Black & Decker has a 12 month low of $53.91 and a 12 month high of $110.88. The stock has a 50 day moving average price of $67.95 and a two-hundred day moving average price of $79.91.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, April 30th. The industrial products company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.68 by $0.07. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.73 billion. Stanley Black & Decker had a net margin of 1.92% and a return on equity of 7.50%. The company's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.56 earnings per share. On average, equities research analysts expect that Stanley Black & Decker will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 3rd will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date is Tuesday, June 3rd. Stanley Black & Decker's payout ratio is 136.10%.

Institutional Trading of Stanley Black & Decker

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Stanley Black & Decker by 0.7% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,892 shares of the industrial products company's stock worth $1,758,000 after purchasing an additional 149 shares during the period. Mather Group LLC. raised its stake in Stanley Black & Decker by 11.1% during the fourth quarter. Mather Group LLC. now owns 1,506 shares of the industrial products company's stock worth $121,000 after acquiring an additional 151 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of Stanley Black & Decker by 3.8% in the first quarter. Vontobel Holding Ltd. now owns 4,494 shares of the industrial products company's stock valued at $345,000 after buying an additional 165 shares during the period. Global X Japan Co. Ltd. increased its stake in shares of Stanley Black & Decker by 3.5% in the fourth quarter. Global X Japan Co. Ltd. now owns 5,056 shares of the industrial products company's stock valued at $406,000 after buying an additional 172 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC increased its stake in shares of Stanley Black & Decker by 0.7% in the first quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 24,854 shares of the industrial products company's stock valued at $1,911,000 after buying an additional 174 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

About Stanley Black & Decker

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.