Snap-on Incorporated is set to release its Q2 earnings soon, with some anticipating challenges due to tariff impact. Some of its stock holdings have been recently reduced such as at M&T Bank Corp and Alpine Woods Capital Investors LLC. However, various organizations including Envestnet Asset Management and DekaBank Deutsche Girozentrale have bought shares in the company. Brokerages have set its target price at $350.83, and Principal Financial Group Inc holds $100.72 million of the assets. Mixed results were observed in SNA's Q1 2025 financial report. They underperformed analyst forecasts resulting in a stock decline. Insiders sold off $3.9 million worth of stock, possibly signaling caution. Tariffs and an ever-changing market have led to a slow growth rate for the company. Despite this, the stock has reached an all-time high of $348.17. The company remains resilient in a slowing market and maintains a strategic SWOT insight. On the top management side, CEO Nicholas Pinchuk and CFO Aldo Pagliari sold $7.7 million and $2.4 million in stock respectively.
Snap-on Incorporated SNA News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 12 Jul 2025 22:42:57 GMT -
Rating -3
- Innovation -5
- Information 3
- Rumor -6
