The recent unfolding events regarding Snap-on Incorporated (SNA) bring to light several key happenings. SNA recently declared its quarterly dividend at $2.14 per share, keeping it consistent with previous payments. In relation to stock activity, Sumitomo Mitsui Trust Group Inc., SG Americas Securities LLC and State of Alaska Department of Revenue have reduced their share holdings in SNA, while Empirical Finance LLC and Vest Financial LLC have invested in and purchased additional shares. The company's stock quota has seen a drop, with its shares down 5.4% followed by analysts lowering their Q1 EPS estimates. Barrington Research, however, has given an “outperform” rating to SNA. Despite the drop, the company posted robust Q4 earnings and sales, beating estimates by $0.04 EPS, yet the stock dipped by 3.8%. It is also noted that the strong financials drive its recent stock rally. SNA's growth initiatives are set, but caution may be perceived as SNA insiders sold US$3.9m of stock.
Snap-on Incorporated SNA News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Sat, 15 Feb 2025 05:27:15 GMT - Rating 3 - Innovation -6 - Information 7 - Rumor 0
