Stanley Black & Decker, Inc. (SWK) Reaches $139.99 High on Jun, 9; Lincoln National (LNC)’s Sentiment Is 0.94

June 9, 2017 - By Marie Mckinney

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The company has market cap of $15.73 billion. The Firm sells a range of wealth protection, accumulation and retirement income products and solutions, through its business divisions. It has a 11.2 P/E ratio. The Firm operates through four divisions: Annuities segment, which offers fixed and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan services and products; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

The stock of Stanley Black & Decker, Inc. (NYSE:SWK) reached all time high today, Jun, 9 and still has $145.59 target or 4.00% above today’s $139.99 share price. This indicates more upside for the $21.46B company. This technical setup was reported by Barchart.com. If the $145.59 PT is reached, the company will be worth $858.40M more. The stock increased 1.53% or $2.11 during the last trading session, reaching $139.99. About 1.13 million shares traded or 6.60% up from the average. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 21.56% since June 9, 2016 and is uptrending. It has outperformed by 4.86% the S&P500.

Stanley Black & Decker, Inc. is a global well-known 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 services and products for various industrial applications. The company has market cap of $21.46 billion. The Company’s divisions include Tools & Storage, Security and Industrial. It has a 17.89 P/E ratio. The Company’s Tools & Storage segment consists of the Power Tools and Hand Tools, Accessories and Storage businesses.

Investors sentiment increased to 1.25 in Q4 2016. Its up 0.12, from 1.13 in 2016Q3. It increased, as 50 investors sold Stanley Black & Decker, Inc. shares while 179 reduced holdings. 62 funds opened positions while 224 raised stakes. 128.28 million shares or 4.43% more from 122.84 million shares in 2016Q3 were reported. Ironwood Financial Ltd Llc has 0.32% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 4,000 shares. Nippon Life Americas Incorporated holds 58,910 shares. Tcw Gru reported 11,100 shares or 0.01% of all its holdings. Westpac Bk Corporation invested in 0% or 9,667 shares. Bokf Na stated it has 11,366 shares or 0.04% of all its holdings. Gabelli Funds Lc stated it has 0% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). The Massachusetts-based Liberty Mutual Group Asset Mngmt has invested 0.04% in Stanley Black & Decker, Inc. (NYSE:SWK). Nj State Employees Deferred Compensation Plan reported 0.37% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Laurion Capital Mngmt L P reported 7,810 shares. Amica Pension Fund Board Of Trustees owns 0.22% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 16,133 shares. State Of Wisconsin Board accumulated 351,319 shares. Ibm Retirement Fund owns 0.07% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 13,981 shares. Norinchukin National Bank The has invested 0.02% in Stanley Black & Decker, Inc. (NYSE:SWK). Dekabank Deutsche Girozentrale accumulated 60,204 shares or 0.07% of the stock. 10,677 were accumulated by Amalgamated Bank & Trust.

Analysts await Stanley Black & Decker, Inc. (NYSE:SWK) to report earnings on July, 28. They expect $1.96 EPS, up 6.52% or $0.12 from last year’s $1.84 per share. SWK’s profit will be $300.46 million for 17.86 P/E if the $1.96 EPS becomes a reality. After $1.29 actual EPS reported by Stanley Black & Decker, Inc. for the previous quarter, Wall Street now forecasts 51.94% EPS growth.

Among 16 analysts covering Stanley Black & Decker (NYSE:SWK), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Stanley Black & Decker had 29 analyst reports since August 3, 2015 according to SRatingsIntel. The company was upgraded on Friday, October 23 by Credit Agricole. JP Morgan upgraded Stanley Black & Decker, Inc. (NYSE:SWK) on Monday, April 24 to “Overweight” rating. The firm has “Outperform” rating by Macquarie Research given on Monday, August 31. The rating was downgraded by Longbow to “Neutral” on Monday, August 22. The company was initiated on Monday, January 30 by Barclays Capital. The rating was maintained by Imperial Capital on Friday, January 29 with “In-Line”. The firm has “Positive” rating by Susquehanna given on Thursday, April 14. The firm has “Overweight” rating by KeyCorp given on Monday, April 24. The rating was maintained by Argus Research on Monday, October 12 with “Buy”. On Friday, June 10 the stock rating was initiated by Goldman Sachs with “Neutral”.

Since January 26, 2017, it had 0 insider purchases, and 14 sales for $13.29 million activity. $149,006 worth of Stanley Black & Decker, Inc. (NYSE:SWK) was sold by McChesney Lee B. Sihota Ben S had sold 2,561 shares worth $326,704. On Tuesday, March 7 the insider Wyatt John H sold $245,075. Ansell Jeffrey D sold 2,200 shares worth $283,932. Cannon James J sold 390 shares worth $49,358. On Monday, January 30 the insider BEATT BRUCE H sold $468,054. Another trade for 412 shares valued at $51,500 was sold by VOELKER JOSEPH R.

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on August, 2. They expect $1.72 EPS, up 10.26% or $0.16 from last year’s $1.56 per share. LNC’s profit will be $396.42 million for 9.92 P/E if the $1.72 EPS becomes a reality. After $1.92 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts -10.42% negative EPS growth.

Rr Partners Lp holds 11.41% of its portfolio in Lincoln National Corporation for 3.43 million shares. Poplar Forest Capital Llc owns 905,735 shares or 5.04% of their US portfolio. Moreover, Cornerstone Investment Partners Llc has 4.08% invested in the company for 1.51 million shares. The New York-based Lyrical Asset Management Lp has invested 4.08% in the stock. Bloom Tree Partners Llc, a New York-based fund reported 520,441 shares.

The stock increased 3.07% or $2.03 during the last trading session, reaching $68.25. About 1.60 million shares traded or 5.96% up from the average. Lincoln National Corporation (LNC) has risen 47.27% since June 9, 2016 and is uptrending. It has outperformed by 30.57% the S&P500.

Ratings analysis reveals 67% of Lincoln National’s analysts are positive. Out of 6 Wall Street analysts rating Lincoln National, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $55.0 while the high is $73.0. The stock’s average target of $64 is -6.23% below today’s ($68.25) share price. LNC was included in 6 notes of analysts from October 7, 2016. The firm has “Equal-Weight” rating given on Wednesday, December 14 by Morgan Stanley. The stock has “Buy” rating by Bank of America on Thursday, April 6. Citigroup initiated Lincoln National Corporation (NYSE:LNC) on Thursday, January 26 with “Buy” rating. The firm has “Neutral” rating by Credit Suisse given on Friday, October 7. As per Tuesday, October 18, the company rating was maintained by FBR Capital. As per Friday, December 9, the company rating was upgraded by RBC Capital Markets.

Since January 1, 0001, it had 0 insider buys, and 21 insider sales for $46.65 million activity.