Snap-on Incorporated SNA, a leading provider in professional tools and diagnostic equipment, has been a subject of remarkable interest for both individual and institutional investors. The company witnessed varying levels of shares acquisition and sales with entities like
CANADA LIFE ASSURANCE Co,
BI Asset Management,
MML Investors Services,
Mariner LLC, and
Guggenheim Capital reducing their stocks. On the contrary,
Stifel Financial Corp,
Hsbc Holdings, and
Orion Portfolio Solutions amplified their stake in the company. Despite beating Q4 earnings and sales, the stock dipped 3.8%, possibly following weaker than expected earnings. The company announced a dividend raise of 15.1% and maintained quarterly dividends at $2.14 per share. Riding on strong business performance, Partners like
First Trust Advisors LP and
Sagespring Wealth increased their stake, while some analysts lowered Snap-on's price target due to a slight miss in Q1 earning estimates. Notably, the company surged in Q4 amidst challenges in the automotive repair industry.
Snap-on Incorporated SNA News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 26 Apr 2025 23:53:54 GMT -
Rating -2
- Innovation 4
- Information 8
- Rumor -6
