The Snap-on Incorporated (NYSE:SNA) has witnessed several activities in financial institutions with different firms reducing and increasing their stakes respectively, like Two Sigma Securities LLC, Kovitz Investment Group Partners LLC and Leith Wheeler Investment Counsel Ltd reducing their shares while Northern Trust Corp, Caisse DE Depot ET Placement DU Quebec, and Itau Unibanco Holding S.A increasing theirs. Quarterly dividends have been declared and the firm will be present at the Oppenheimer and Bank of America Investor Conferences. The 2025 Annual Shareholder Meeting is to be webcast as well as the Q1 2025 Results Conference Call. There's a decline observed in stock after missing Q1 earnings estimates, but the Q4 earnings beat estimates despite challenges in the automotive repair industry. A Roth Capital negative estimate was also issued and the stock recently recorded a dip following weak earnings.
However, investing five years ago would have seen a gain of 161%. Several stock reports have shown sales below analyst estimates while others have hinted at potential caution due to insiders selling $3.9m of stock. Despite mixed results, the firm has interestingly raised its dividend and maintained it at $2.14 per share. Finally, the CEO sold $7.7m in stock.
Snap-on Incorporated SNA News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 03 May 2025 22:51:06 GMT -
