Snap-On Incorporated (SNA) witnesses significant investment activity as many companies continue to grow their position in the tool manufacturer. Banque Pictet & Cie SA, Vision Capital Management Inc., Assenagon Asset Management S.A., Wedge Capital Management L L P NC, among others, purchased shares while Wealth Enhancement Advisory Services LLC and Comerica Bank reduced their position. The company’s stock management has seen some changes including some insider sales and shifts in institutional investors after analyst upgrades. Snap-On received an average rating of “Moderate Buy”, received a price target hike to $395 from Tigress Financial, and its stock outperformed the Dow. However, Q1 earnings missed estimates causing a 6% decline in the stock and despite a growing international revenue trend, insiders selling off stock might signal caution. Despite volatility, the tool manufacturer shows resilience with a 50.7% gross margin in Q1 2025 and Snap-on’s attractive P/E ratio of 17.16X indicates potential buy opportunity. Additionally, one would have gained 193% from investing in Snap-On five years ago.
Snap-on Incorporated SNA News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sat, 27 Sep 2025 09:18:07 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -6
