The company's stock had a trading volume of 29,967,351 shares. Pitcairn Co.'s holdings in Snap-On were worth $882,000 at the end of the most recent quarter. FMR LLC purchased a new position in shares of Snap during the first quarter worth $737,133,000. DekaBank Deutsche Girozentrale raised its position in Snap-On by 21.2% in the second quarter. Private Advisor Group LLC now owns 22,293 shares of the company's stock valued at $379,000 after buying an additional 1,393 shares in the last quarter. New York-based Evercore Wealth Management Lc has invested 0% in Snap-on Incorporated (NYSE:SNA). C WorldWide Group Holding A S now owns 12,677 shares of the company's stock worth $2,003,000 after buying an additional 3,760 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of Snap during the first quarter worth $252,388,000. NN Investment Partners Holdings N.V. boosted its position in shares of Snap by 6.3% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,540 shares of the company's stock worth $134,000 after buying an additional 6,540 shares during the last quarter. Stock investors bought 65,962 put options on the company.
Snap-On Incorporated (SNA) opened at 152.76 on Friday. Snap-On has a 12 month low of $145.17 and a 12 month high of $181.73. The company has a 50 day moving average price of $154.18 and a 200-day moving average price of $164.25.
Snap-On Incorporated's P/E ratio is 15.91 and market cap is 8.85B.
Snap-On (NYSE:SNA) last released its quarterly earnings results on Thursday, July 20th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.29) by $0.07. Snap-On had a return on equity of 20.90% and a net margin of 16.22%. The firm's revenue was up 153.1% compared to the same quarter past year. On average, analysts predict that Snap will post ($0.56) earnings per share for the current year. Shareholders of record on Friday, August 18th will be issued a $0.71 dividend. The ex-dividend date is Wednesday the 17th of May 2017. This represents a $2.84 annualized dividend and a dividend yield of 1.86%. Snap-On's payout ratio is now 29.34%.
ILLEGAL ACTIVITY WARNING: "Snap Inc". Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued. If you are accessing this report on another site, it was illegally copied and reposted in violation of United States and worldwide trademark and copyright law. The correct version of this report can be read at https://www.baseball-news-blog.com/2017/08/13/snap-inc-nysesnap-stock-rating-lowered-by-cleveland-research-updated-updated.html.
Several other hedge funds have also recently made changes to their positions in SNA.
Several other equities research analysts also recently issued reports on the stock. BidaskClub upgraded shares of Snap-On from a "strong sell" rating to a "sell" rating in a research report on Wednesday, July 5th. Finally, Summit Redstone reaffirmed a sell rating and set a $10.00 price objective (down from $17.00) on shares of Snap in a research report on Thursday, July 27th. Jefferies Group LLC restated a "buy" rating and set a $30.00 target price on shares of Snap in a research report on Monday, April 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $19.42. Bailard, Inc. cut its investment by selling 8,134 shares a decrease of 24.6% in the quarter. Snap has an average rating of Hold and an average price target of $19.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Ruth Ann M. Gillis purchased 265 shares of the stock in a transaction on Friday, August 4th. "(SNAP) Rating Increased to Buy at Vetr Inc." was originally posted by Stock Observer and is owned by of Stock Observer. The disclosure for this sale can be found here.