$1.09 EPS Expected for Deere & Company (DE); Ariel Investments Cut Its Stanley Black & Decker (SWK) Holding

January 14, 2018 - By Marie Mckinney

Ariel Investments Llc decreased Stanley Black & Decker Inc. (SWK) stake by 12.53% reported in 2017Q3 SEC filing. Ariel Investments Llc sold 89,830 shares as Stanley Black & Decker Inc. (SWK)’s stock rose 7.82%. The Ariel Investments Llc holds 627,079 shares with $94.67 million value, down from 716,909 last quarter. Stanley Black & Decker Inc. now has $26.59 billion valuation. The stock increased 0.52% or $0.89 during the last trading session, reaching $173.42. About 591,185 shares traded. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 21.56% since January 14, 2017 and is uptrending. It has outperformed by 4.86% the S&P500.

Analysts expect Deere & Company (NYSE:DE) to report $1.09 EPS on February, 16.They anticipate $0.48 EPS change or 78.69% from last quarter’s $0.61 EPS. DE’s profit would be $350.22M giving it 38.83 P/E if the $1.09 EPS is correct. After having $1.57 EPS previously, Deere & Company’s analysts see -30.57% EPS growth. The stock increased 1.10% or $1.84 during the last trading session, reaching $169.3. About 2.32M shares traded or 5.72% up from the average. Deere & Company (NYSE:DE) has risen 46.99% since January 14, 2017 and is uptrending. It has outperformed by 30.29% the S&P500.

Since August 4, 2017, it had 0 insider buys, and 12 sales for $24.78 million activity. 46,457 shares were sold by von Pentz Markwart, worth $5.42 million. On Tuesday, January 9 the insider Jones Mary K.W. sold $1.69 million. 6,416 Deere & Company (NYSE:DE) shares with value of $972,253 were sold by Reed Cory J. Another trade for 18,626 shares valued at $2.44M was made by May John C II on Monday, October 23. The insider Guinn Max A sold 5,000 shares worth $654,450. 8,015 shares valued at $1.04 million were sold by Gilles Jean H on Monday, August 7.

Among 28 analysts covering Deere & Company (NYSE:DE), 12 have Buy rating, 3 Sell and 13 Hold. Therefore 43% are positive. Deere & Company had 110 analyst reports since July 27, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $125.0 target in Friday, October 20 report. The rating was maintained by William Blair on Wednesday, August 19 with “Sell”. The firm earned “Buy” rating on Tuesday, November 21 by HSBC. The company was maintained on Wednesday, April 19 by Barclays Capital. The firm has “Buy” rating given on Thursday, November 23 by Deutsche Bank. Berenberg initiated the shares of DE in report on Tuesday, January 24 with “Sell” rating. The firm earned “Buy” rating on Tuesday, August 23 by Argus Research. Societe Generale initiated Deere & Company (NYSE:DE) rating on Monday, November 16. Societe Generale has “Hold” rating and $79 target. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 18. The rating was upgraded by J.P. Morgan to “Hold” on Friday, June 2.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide. The company has market cap of $54.40 billion. The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery. It has a 25.34 P/E ratio. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.07, from 1 in 2017Q2. It fall, as 64 investors sold Deere & Company shares while 312 reduced holdings. 69 funds opened positions while 281 raised stakes. 213.38 million shares or 1.82% more from 209.56 million shares in 2017Q2 were reported. Pittenger And Anderson invested in 0% or 210 shares. Palisades Hudson Asset Ltd Partnership has 0.19% invested in Deere & Company (NYSE:DE). 2,015 are held by Security. Bath Savings Tru Com holds 1,841 shares. Philadelphia Tru reported 3,616 shares stake. California Pub Employees Retirement Sys has invested 0.15% in Deere & Company (NYSE:DE). Ftb Advsr reported 3,675 shares. Optimum Invest Advsrs has invested 0.51% in Deere & Company (NYSE:DE). Acropolis Management Ltd Liability Co owns 0.34% invested in Deere & Company (NYSE:DE) for 42,350 shares. Northern Tru reported 3.95 million shares. Hugh Johnson Advsrs Limited Liability has 0.11% invested in Deere & Company (NYSE:DE). Oppenheimer And Company Incorporated reported 11,523 shares or 0.04% of all its holdings. Senator Invest Gru Lp accumulated 1.17% or 700,000 shares. Nomura Asset Management Limited reported 0.06% stake. Tower Bridge has invested 0.03% in Deere & Company (NYSE:DE).

Since September 8, 2017, it had 0 buys, and 5 insider sales for $16.53 million activity. Wyatt John H also sold $1.03M worth of Stanley Black & Decker, Inc. (NYSE:SWK) shares. VOELKER JOSEPH R sold $1.57M worth of stock or 10,432 shares. $11.41 million worth of Stanley Black & Decker, Inc. (NYSE:SWK) was sold by LOREE JAMES M on Monday, October 30. 11,221 Stanley Black & Decker, Inc. (NYSE:SWK) shares with value of $1.84M were sold by Ansell Jeffrey D.

Analysts await Stanley Black & Decker, Inc. (NYSE:SWK) to report earnings on January, 25. They expect $2.13 EPS, up 24.56% or $0.42 from last year’s $1.71 per share. SWK’s profit will be $326.64M for 20.35 P/E if the $2.13 EPS becomes a reality. After $1.95 actual EPS reported by Stanley Black & Decker, Inc. for the previous quarter, Wall Street now forecasts 9.23% EPS growth.

Ariel Investments Llc increased Sempra Energy (NYSE:SRE) stake by 19,873 shares to 265,582 valued at $30.31M in 2017Q3. It also upped Safeguard Scientifics Inc. (NYSE:SFE) stake by 123,672 shares and now owns 1.26 million shares. Atlas Financial Holdings Inc. (NASDAQ:AFH) was raised too.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.02, from 1.08 in 2017Q2. It improved, as 42 investors sold SWK shares while 200 reduced holdings. 71 funds opened positions while 195 raised stakes. 127.17 million shares or 1.16% more from 125.71 million shares in 2017Q2 were reported. Polaris Greystone Financial Group Inc Llc invested 1.75% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Rampart Inv Mgmt Co owns 0.1% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 1,871 shares. Winslow Evans And Crocker reported 0% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Fjarde Ap holds 0.11% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK) for 39,343 shares. Voloridge Inv Management Lc holds 0.04% or 13,216 shares. M&R Cap Mngmt stated it has 0.01% in Stanley Black & Decker, Inc. (NYSE:SWK). Fortaleza Asset Management Inc holds 0.76% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK) for 2,740 shares. Assetmark Inc has 1,363 shares. Mutual Of America Cap Management owns 32,314 shares for 0.08% of their portfolio. Bridges Invest Mngmt has invested 0.11% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Prudential Finance has invested 0.06% in Stanley Black & Decker, Inc. (NYSE:SWK). Cullen Frost Bankers invested in 2,035 shares or 0.01% of the stock. Benedict Advsrs accumulated 6,575 shares. First Midwest Bank Trust Division invested in 6,560 shares or 0.12% of the stock. Bkd Wealth Advisors Ltd Liability Co owns 2,885 shares.

Among 24 analysts covering Stanley Black & Decker (NYSE:SWK), 19 have Buy rating, 0 Sell and 5 Hold. Therefore 79% are positive. Stanley Black & Decker had 47 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) has “Overweight” rating given on Monday, October 2 by Morgan Stanley. KeyBanc Capital Markets maintained the stock with “Buy” rating in Friday, November 17 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, July 25. As per Monday, January 30, the company rating was initiated by Barclays Capital. JP Morgan upgraded the shares of SWK in report on Monday, April 24 to “Overweight” rating. The firm has “Outperform” rating by Macquarie Research given on Monday, August 31. The firm has “Equal Weight” rating given on Friday, October 23 by Barclays Capital. As per Friday, October 23, the company rating was upgraded by Credit Agricole. The rating was downgraded by Longbow to “Neutral” on Monday, August 22. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) has “Hold” rating given on Thursday, October 19 by Robert W. Baird.

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