Breaking Short Interest: How Analysts Feel About Stanley Black & Decker Incorporated (NYSE:SWK) After Decrease in Sellers?

November 16, 2016 - By Marie Mckinney   ·   0 Comments

Breaking Short Interest: How Analysts Feel About Stanley Black & Decker Incorporated (NYSE:SWK) After Decrease in Sellers?

The stock of Stanley Black & Decker Incorporated (NYSE:SWK) registered a decrease of 3.55% in short interest. SWK’s total short interest was 2.58M shares in November as published by FINRA. Its down 3.55% from 2.67 million shares, reported previously. With 851,200 shares average volume, it will take short sellers 3 days to cover their SWK’s short positions. The short interest to Stanley Black & Decker Incorporated’s float is 1.73%. About 540,951 shares traded hands. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 12.60% since April 14, 2016 and is uptrending. It has outperformed by 7.91% the S&P500.

Stanley Black & Decker, Inc. is a provider of hand tools, power tools and related accessories, mechanical access solutions , electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and services and products for various industrial applications. The company has a market cap of $18.65 billion. The Firm operates through three divisions: Tools & Storage, Security and Industrial. It has a 18.68 P/E ratio. The Tools & Storage segment comprises the Power Tools, and Hand Tools & Storage businesses.

Insitutional Activity: The institutional sentiment increased to 0.98 in 2016 Q2. Its up 0.01, from 0.97 in 2016Q1. The ratio increased, as 38 funds sold all Stanley Black & Decker, Inc. shares owned while 201 reduced positions. 57 funds bought stakes while 178 increased positions. They now own 122.83 million shares or 2.85% less from 126.43 million shares in 2016Q1.
The New York-based Strategic Advsrs Limited Company has invested 0.19% in Stanley Black & Decker, Inc. (NYSE:SWK). Moreover, Lateef Invest Management Limited Partnership has 0.67% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 177,485 shares. Gabelli Funds Llc last reported 7,000 shares in the company. Stratos Wealth Prtn Ltd holds 0.08% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK) for 9,723 shares. The New York-based First Niagara Bancorporation has invested 0.1% in Stanley Black & Decker, Inc. (NYSE:SWK). Vaughan David Il holds 2,131 shares or 0.01% of its portfolio. Royal London Asset Management Limited last reported 0.1% of its portfolio in the stock. Fjarde Ap last reported 35,638 shares in the company. National Bank & Trust Of Montreal Can has 0.01% invested in the company for 86,688 shares. Norinchukin National Bank & Trust The last reported 7,873 shares in the company. Brown Advisory Incorporated holds 0% or 8,944 shares in its portfolio. Teachers Advsrs has 0.04% invested in the company for 224,714 shares. Blb&B Ltd Liability Corp accumulated 0.15% or 7,253 shares. The Ohio-based Huntington Savings Bank has invested 0% in Stanley Black & Decker, Inc. (NYSE:SWK). Daiwa Gru Incorporated Inc, a Japan-based fund reported 3,624 shares.

Insider Transactions: Since May 24, 2016, the stock had 1 buy, and 15 selling transactions for $24.84 million net activity. Sihota Ben S also sold $622,675 worth of Stanley Black & Decker, Inc. (NYSE:SWK) shares. 450 Stanley Black & Decker, Inc. (NYSE:SWK) shares with value of $51,543 were bought by Hankin Michael David. $667,250 worth of Stanley Black & Decker, Inc. (NYSE:SWK) was sold by VOELKER JOSEPH R. LOREE JAMES M sold 35,210 shares worth $4.41 million. 5,387 shares were sold by Bartone Michael A., worth $663,920 on Friday, August 5. $226,970 worth of shares were sold by GASS RHONDA on Tuesday, May 24. 4,495 shares with value of $565,043 were sold by Cannon James J on Friday, November 11.

Stanley Black & Decker, Inc. (NYSE:SWK) Ratings Coverage

Out of 11 analysts covering Stanley Black & Decker (NYSE:SWK), 5 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 45% are positive. Stanley Black & Decker has been the topic of 22 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “In-Line” rating given by Imperial Capital on Friday, January 29. Argus Research maintained Stanley Black & Decker, Inc. (NYSE:SWK) rating on Monday, October 12. Argus Research has “Buy” rating and $67 price target. The company was upgraded on Friday, October 23 by Credit Agricole. The firm has “In-Line” rating by Imperial Capital given on Friday, October 23. The firm earned “Equal Weight” rating on Friday, October 23 by Barclays Capital. The firm earned “Neutral” rating on Monday, September 21 by Buckingham Research. The company was upgraded on Monday, August 31 by Macquarie Research. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) earned “Buy” rating by UBS on Thursday, September 17. The rating was downgraded by Longbow to “Neutral” on Monday, August 22. Goldman Sachs initiated it with “Neutral” rating and $120 target price in Friday, June 10 report.

SWK Company Profile

Stanley Black & Decker, Inc., incorporated on June 4, 1901, is a well-known 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 services and products for various industrial applications. The Firm operates through three divisions: Tools & Storage, Security and Industrial. The Firm has a portfolio of brands, including STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, Bostitch, Proto, MAC, FACOM, AeroScout, Powers, LISTA, SIDCHROME, Vidmar, SONITROL and GQ.

More notable recent Stanley Black & Decker, Inc. (NYSE:SWK) news were published by: Bloomberg.com which released: “Stanley Black & Decker to Buy Newell Tools for $1.95 Billion” on October 12, 2016, also Forbes.com with their article: “Stanley Black & Decker is Oversold” published on October 31, 2016, Wsj.com published: “Stanley Black & Decker’s Profit Beats Expectations” on October 27, 2016. More interesting news about Stanley Black & Decker, Inc. (NYSE:SWK) were released by: Prnewswire.com and their article: “Stanley Black & Decker Announces 4th Quarter Dividend” published on October 12, 2016 as well as Courant.com‘s news article titled: “Stanley Black & Decker CEO To Retire” with publication date: July 22, 2016.

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By Marie Mckinney


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