Stanley Black & Decker stock advances after Q2 profit and manufacturing push

Stanley Black & Decker (SWK) stock is trading near $100 after reporting flat second-quarter revenue but higher profits of $351 million. The company announced a new $1 billion investment plan in U.S. manufacturing, signaling a shift from pure cost-cutting to strategic growth and reshoring. Despite cautious analyst price targets, the stock has nearly doubled from its April 2025 lows, supported by institutional ownership and improved operational efficiency.