Snap-On Incorporated (SNA) Stake Increased by Dean Investment Associates LLC, Report finds

Snap-On Incorporated (SNA) Stake Increased by Dean Investment Associates LLC, Report finds

Dean Investment Associates LLC boosted its stake in shares of Snap-On Incorporated (NYSE:SNA) by 0.9% during the third quarter, Holdings Channel reports. The institutional investor owned 3,333 shares of the company’s stock after buying an additional 31 shares during the period. Dean Investment Associates LLC’s holdings in Snap-On were worth $506,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Retirement Systems of Alabama raised its position in shares of Snap-On by 0.5% in the second quarter. Retirement Systems of Alabama now owns 29,643 shares of the company’s stock valued at $4,678,000 after buying an additional 158 shares in the last quarter. ING Groep NV raised its position in shares of Snap-On by 54.6% in the second quarter. ING Groep NV now owns 2,097 shares of the company’s stock valued at $331,000 after buying an additional 741 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Snap-On by 7.0% in the second quarter. First Citizens Bank & Trust Co. now owns 2,342 shares of the company’s stock valued at $370,000 after buying an additional 153 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its position in shares of Snap-On by 0.8% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 4,447 shares of the company’s stock valued at $701,000 after buying an additional 36 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Snap-On by 0.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 177,147 shares of the company’s stock valued at $27,957,000 after buying an additional 1,120 shares in the last quarter. Hedge funds and other institutional investors own 88.60% of the company’s stock.

Shares of Snap-On Incorporated (NYSE:SNA) traded down 0.13% during midday trading on Wednesday, reaching $166.61. The company had a trading volume of 448,354 shares. Snap-On Incorporated has a 52 week low of $135.91 and a 52 week high of $181.73. The company has a market capitalization of $9.66 billion, a P/E ratio of 18.11 and a beta of 1.06. The company’s 50 day moving average price is $174.29 and its 200-day moving average price is $161.49.

Snap-On (NYSE:SNA) last announced its quarterly earnings results on Thursday, February 2nd. The company reported $2.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.41 by $0.06. Snap-On had a return on equity of 20.89% and a net margin of 15.93%. The business had revenue of $889.80 million for the quarter, compared to analyst estimates of $884.09 million. During the same quarter in the prior year, the company posted $2.22 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, equities research analysts predict that Snap-On Incorporated will post $10.07 earnings per share for the current fiscal year.

Several equities analysts have recently commented on SNA shares. Zacks Investment Research upgraded Snap-On from a “sell” rating to a “hold” rating and set a $179.00 price target on the stock in a research note on Friday, October 21st. Wunderlich raised their price target on Snap-On from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, February 3rd.

In other news, Chairman Nicholas T. Pinchuk sold 20,544 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $170.10, for a total value of $3,494,534.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Constance Johnsen sold 4,833 shares of the company’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of $163.54, for a total value of $790,388.82. Following the completion of the transaction, the vice president now directly owns 2,698 shares in the company, valued at approximately $441,230.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,889 shares of company stock worth $8,578,934. Corporate insiders own 3.40% of the company’s stock.

Snap-On Company Profile

Snap-On Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users. The Company’s segments include Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group and Financial Services. Its Commercial & Industrial Group segment consists of business operations serving a range of industrial and commercial customers across the world.

Want to see what other hedge funds are holding SNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snap-On Incorporated (NYSE:SNA).

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Snap-On Incorporated (SNA) Stake Increased by Dean Investment Associates LLC

Snap-On Incorporated (SNA) Stake Increased by Dean Investment Associates LLC

Dean Investment Associates LLC boosted its stake in shares of Snap-On Incorporated (NYSE:SNA) by 0.9% during the third quarter, Holdings Channel reports. The institutional investor owned 3,333 shares of the company’s stock after buying an additional 31 shares during the period. Dean Investment Associates LLC’s holdings in Snap-On were worth $506,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Retirement Systems of Alabama raised its position in shares of Snap-On by 0.5% in the second quarter. Retirement Systems of Alabama now owns 29,643 shares of the company’s stock valued at $4,678,000 after buying an additional 158 shares in the last quarter. ING Groep NV raised its position in shares of Snap-On by 54.6% in the second quarter. ING Groep NV now owns 2,097 shares of the company’s stock valued at $331,000 after buying an additional 741 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Snap-On by 7.0% in the second quarter. First Citizens Bank & Trust Co. now owns 2,342 shares of the company’s stock valued at $370,000 after buying an additional 153 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its position in shares of Snap-On by 0.8% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 4,447 shares of the company’s stock valued at $701,000 after buying an additional 36 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Snap-On by 0.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 177,147 shares of the company’s stock valued at $27,957,000 after buying an additional 1,120 shares in the last quarter. Hedge funds and other institutional investors own 88.60% of the company’s stock.

Shares of Snap-On Incorporated (NYSE:SNA) traded down 0.13% during midday trading on Wednesday, reaching $166.61. The company had a trading volume of 448,354 shares. Snap-On Incorporated has a 52 week low of $135.91 and a 52 week high of $181.73. The company has a market capitalization of $9.66 billion, a P/E ratio of 18.11 and a beta of 1.06. The company’s 50 day moving average price is $174.29 and its 200-day moving average price is $161.49.

Snap-On (NYSE:SNA) last announced its quarterly earnings results on Thursday, February 2nd. The company reported $2.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.41 by $0.06. Snap-On had a return on equity of 20.89% and a net margin of 15.93%. The business had revenue of $889.80 million for the quarter, compared to analyst estimates of $884.09 million. During the same quarter in the prior year, the company posted $2.22 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, equities research analysts predict that Snap-On Incorporated will post $10.07 earnings per share for the current fiscal year.

Several equities analysts have recently commented on SNA shares. Zacks Investment Research upgraded Snap-On from a “sell” rating to a “hold” rating and set a $179.00 price target on the stock in a research note on Friday, October 21st. Wunderlich raised their price target on Snap-On from $190.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, February 3rd.

In other news, Chairman Nicholas T. Pinchuk sold 20,544 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $170.10, for a total value of $3,494,534.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Constance Johnsen sold 4,833 shares of the company’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of $163.54, for a total value of $790,388.82. Following the completion of the transaction, the vice president now directly owns 2,698 shares in the company, valued at approximately $441,230.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,889 shares of company stock worth $8,578,934. Corporate insiders own 3.40% of the company’s stock.

Snap-On Company Profile

Snap-On Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users. The Company’s segments include Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group and Financial Services. Its Commercial & Industrial Group segment consists of business operations serving a range of industrial and commercial customers across the world.

Want to see what other hedge funds are holding SNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Snap-On Incorporated (NYSE:SNA).

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