Snap-on Incorporated (SNA) has recently seen investment shifts by several funds, with the likes of SG Americas Securities LLC, Rockefeller Capital Management L.P, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, NewSquare Capital LLC, Allworth Financial LP, and World Investment Advisors increasing stakes, while Kingsview Wealth Management LLC, Geode Capital Management LLC, Cetera Investment Advisers, Mawer Investment Management Ltd., and Mitsubishi UFJ Trust & Banking Corp reduced their positions. The company’s Q3 earnings surpassed estimates with organic sales rising by 3%. The board has declared a dividend and announced a 14 percent dividend hike after a 16th consecutive increase. Moreover, the Snap-on Tools Group demonstrated a rebound and outshined previous estimates. The company indicated positive trends prior to its Q3 results as investors enjoyed impressive returns over the past five years. Plans to present at Baird 2025 Global Industrial Conference were made. Despite external macro uncertainty, Snap-on foresees potential growth, and new investments from Machina Capital S.A.S. confirm this bullish sentiment. Additionally, Snap-on’s Repair Systems segment growth has positively swayed investor sentiment.
Snap-on Incorporated SNA News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 22 Nov 2025 10:59:17 GMT -
Rating 9
- Innovation 6
- Information 8
- Rumor -2
