Snap-on Incorporated (SNA) has been the subject of significant investment action with both acquisitions and reductions in holdings from various investment advisory and asset management firms including
World Investment Advisors, LSV Asset Management and Wells Fargo & Company MN. The company recently
declared a quarterly dividend and announced a 15.1% dividend rise. Despite facing challenges in the automotive repair industry, Snap-on's Q4 performance surged leading to their share values appreciating. The stock dipped by 3.8% following the release of Q4 earnings and sales, however,
Geode Capital Management LLC increased their stake in the company.
Snap-on also registered a year-on-year growth of
24.5% and
154% appreciation in the last five years. Snap-on projects an inspiring business outlook as the company increases dividend size to
$2.14. However, a wave of caution swept the company as insiders reportedly sold US$3.9m of stock. Snap-on's stock soared to an all-time high reaching
$348.17. The overall financial prospect of the company remain attractive with the stock rated a
Moderate Buy by brokerages.
Snap-on Incorporated SNA News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 12 Apr 2025 18:55:58 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 0
