The **investment activity** in **Snap-on Incorporated (NYSE:SNA)** is teeming. Cetera Investment Advisers and Swedbank AB increased their stock holdings, while Quadrature Capital Ltd and Bleakley Financial Group LLC reduced theirs. EntryPoint Capital LLC and Blair William & Co. IL initiated new positions. Both Q1 and Q2 earnings surpassed estimates, despite sales misses. **Insider sell** activities were noted, namely, Sr VP & Chief Development Officer Anup Banerjee and CFO Aldo Pagliari. M&G Plc purchased a new position, while Swiss National Bank sold shares. **Snap-on** is revered as a lucrative **long-term growth** and **dividend stock**, despite some fluctuations. Barrington Research reiterated an **'Outperform'** rating for the company. **Snap-on's business model** and strategies have been looked into with an optimistic lens. While perpetual institutional ownership remains high, **revenue** for the first quarter was at a standstill. The company's **international sales** reliance is a point of investor interest. Snap-on made key acquisitions of **Mountz, Inc., Dealer-FX Group, Inc., and AutoCrib, Inc.**, and the company reported its **Q2 2024 Earnings**. Bad news includes a reduction of Snap-on's Q3 2024 EPS Estimates and insider selling noted.
Snap-on Incorporated SNA News Analytics from Thu, 17 Nov 2016 08:00:00 GMT to Sun, 04 Aug 2024 12:32:17 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -2