Snap-On Incorporated $SNA Stock Position Lifted by Artisan Partners Limited Partnership

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Artisan Partners Limited Partnership increased its stake in Snap-On Incorporated by 98.3% in the third quarter, now owning 150,414 shares worth $52,123,000. Other institutional investors like First Trust Advisors LP and Norges Bank also significantly boosted their holdings. Snap-On recently announced a quarterly dividend of $2.44 per share, and analysts maintain a “Moderate Buy” consensus rating with an average target price of $377.33, despite recent insider stock sales.

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