Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 15 Best Passive Income Stocks to Buy Right Now.
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On November 6, UBS Inc. raised its price target on Stanley Black & Decker, Inc. to $105 from $100 and maintained a Buy rating on the stock, according to a report by The Fly.
For the third quarter of 2025, the company posted revenue of $3.8 billion, which was roughly flat compared with the same period last year. Gains from pricing and currency were balanced out by the expected drop in volume. Revenue came in more than $12 million below analyst expectations. The company reported a gross margin of 31.4% and an adjusted gross margin of 31.6%. President and CEO Christopher Nelson pointed to a sharper strategic direction and stronger brand activity across its core product lines.
Nelson noted that Stanley Black & Decker, Inc. is progressing toward its $2 billion cost-reduction plan, which is on track to be completed by the end of 2025. He also reaffirmed the next goal: reaching a 35% adjusted gross margin while continuing to reinforce the balance sheet. He outlined additional investments in the DEWALT, STANLEY, and CRAFTSMAN brands and said the company is shifting to a brand-focused, market-supported model.
Stanley Black & Decker, Inc. is a global manufacturer of tools, storage products, and industrial solutions sold under several well-known brands.
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