Snap-on Incorporated (SNA) : Alpine Woods Capital Investors reduced its stake in Snap-on Incorporated by 17.36% during the most recent quarter end. The investment management company now holds a total of 141,900 shares of Snap-on Incorporated which is valued at $22,932,459 after selling 29,800 shares in Snap-on Incorporated , the firm said in a disclosure report filed with the SEC on May 9, 2016.Snap-on Incorporated makes up approximately 1.34% of Alpine Woods Capital Investors’s portfolio.
Other Hedge Funds, Including , Wcm Investment Managementca reduced its stake in SNA by selling 246 shares or 0.4% in the most recent quarter. The Hedge Fund company now holds 60,530 shares of SNA which is valued at $9,782,253. Snap-on Incorporated makes up approx 0.16% of Wcm Investment Managementca’s portfolio. Princeton Alpha Management Lp added SNA to its portfolio by purchasing 17,754 company shares during the most recent quarter which is valued at $2,841,528. Snap-on Incorporated makes up approx 0.46% of Princeton Alpha Management Lp’s portfolio.Bbva Compass Bancshares Inc boosted its stake in SNA in the latest quarter, The investment management firm added 1,528 additional shares and now holds a total of 14,026 shares of Snap-on Incorporated which is valued at $2,244,861. Snap-on Incorporated makes up approx 0.17% of Bbva Compass Bancshares Inc’s portfolio.Chesley Taft Associates boosted its stake in SNA in the latest quarter, The investment management firm added 140 additional shares and now holds a total of 8,745 shares of Snap-on Incorporated which is valued at $1,392,904. Snap-on Incorporated makes up approx 0.15% of Chesley Taft Associates’s portfolio.Glenmede Trust Co Na reduced its stake in SNA by selling 13,244 shares or 70.71% in the most recent quarter. The Hedge Fund company now holds 5,485 shares of SNA which is valued at $873,651. Snap-on Incorporated makes up approx 0.01% of Glenmede Trust Co Na’s portfolio.
Snap-on Incorporated closed down -1.68 points or -1.03% at $161.61 with 4,08,969 shares getting traded on Friday. Post opening the session at $162.9, the shares hit an intraday low of $161.005 and an intraday high of $163.42 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Snap-on Incorporated reported $2.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $2.09. The company had revenue of $834.20 million for the quarter, compared to analysts expectations of $851.82 million. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.87 EPS.
Snap-on Incorporated (Snap-on) is a manufacturer and marketer of tools equipment diagnostics repair information and systems solutions for professional users. The Company’s products and services include hand and power tools tool storage diagnostics software information and management systems shop equipment and other solutions for vehicle dealerships and repair centers as well as for customers in industries including aviation and aerospace agriculture construction Government and military mining natural resources power generation and technical education. The Company’s business segments include Commercial & Industrial Group the Snap-on Tools Group the Repair Systems & Information Group and Financial Services. It offers its products under the brand names: Snap-on ATI BAHCO Blackhawk Blue-Point Cartec CDI Challenger Fish and Hook Hofmann Irimo John Bean Lindstrom Mitchell1 Nexiq Pro-Cut Sandflex ShopKey Sioux Sun and Williams.