Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. Independent Director Dave Adams was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 02
Snap-on Incorporated announces Quarterly dividend, payable on June 10, 2026 Snap-on Incorporated announced Quarterly dividend of USD 2.4400 per share payable on June 10, 2026, ex-date on May 20, 2026 and record date on May 20, 2026. Aankondiging • Apr 09
Snap-on Incorporated to Report Q1, 2026 Results on Apr 23, 2026 Snap-on Incorporated announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 23, 2026 Aankondiging • Mar 14
Snap-on Incorporated, Annual General Meeting, Apr 30, 2026 Snap-on Incorporated, Annual General Meeting, Apr 30, 2026. Location: at the ideaforge, located within the snap-on innovation works, at the companys headquarters, 2801 80th street, 2801 80th street, kenosha United States Aankondiging • Feb 13
Snap-on Incorporated Declares Quarterly Dividend, Payable on March 10, 2026 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $2.44 per share payable March 10, 2026, to shareholders of record at the close of business on February 24, 2026. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939. Aankondiging • Jan 22
Snap-on Incorporated to Report Q4, 2025 Results on Feb 05, 2026 Snap-on Incorporated announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 05, 2026 Aankondiging • Nov 07
Snap-On Incorporated Increases Quarterly Dividend, Payable on December 10, 2025 Snap-on Incorporated announced that its board of directors raised its quarterly common stock dividend to $2.44 per share, from the previous $2.14 per share, an increase of $0.30 or 14.0%. The increased dividend is payable on December 10, 2025, to shareholders of record at the close of business November 21, 2025. Aankondiging • Oct 02
Snap-on Incorporated to Report Q3, 2025 Results on Oct 16, 2025 Snap-on Incorporated announced that they will report Q3, 2025 results Pre-Market on Oct 16, 2025 Aankondiging • Aug 08
Snap-On Incorporated Declares Quarterly Dividend, Payable on September 10, 2025 The board of directors of The Snap-on Incorporated declared a quarterly common stock dividend of $2.14 per share payable September 10, 2025, to shareholders of record at the close of business on August 19, 2025. Aankondiging • Jul 08
Snap-on Incorporated to Report Q2, 2025 Results on Jul 17, 2025 Snap-on Incorporated announced that they will report Q2, 2025 results Pre-Market on Jul 17, 2025 Aankondiging • Apr 25
Snap-On Incorporated Declares Quarterly Dividend, Payable on June 10, 2025 The Snap-on Incorporated board of directors declared quarterly common stock dividend of $2.14 per share payable June 10, 2025, to shareholders of record at the close of business on May 20, 2025. Aankondiging • Apr 03
Snap-on Incorporated to Report Q1, 2025 Results on Apr 17, 2025 Snap-on Incorporated announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 17, 2025 Aankondiging • Mar 13
Snap-on Incorporated, Annual General Meeting, Apr 24, 2025 Snap-on Incorporated, Annual General Meeting, Apr 24, 2025. Location: the companys headquarters, 2801 80th street, wisconsin 53143, kenosha United States Aankondiging • Feb 14
Snap-On Incorporated Declares Quarterly Dividend, Payable on March 10, 2025 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $2.14 per share payable March 10, 2025, to shareholders of record at the close of business on February 24, 2025. Aankondiging • Jan 23
Snap-on Incorporated to Report Q4, 2024 Results on Feb 06, 2025 Snap-on Incorporated announced that they will report Q4, 2024 results Pre-Market on Feb 06, 2025 Declared Dividend • Nov 11
Third quarter dividend of US$2.14 announced Shareholders will receive a dividend of US$2.14. Ex-date: 21st November 2024 Payment date: 10th December 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 08
Snap-On Incorporated Declares Quarterly Common Stock Dividend, Payable on December 10, 2024 Snap-on Incorporated announced that its board of directors has increased its quarterly common stock dividend to $2.14 per share, from the previous $1.86 per share, an increase of $0.28 or 15.1%. The increased dividend is payable on December 10, 2024, to shareholders of record at the close of business November 21, 2024. Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: US$4.77 (vs US$4.60 in 3Q 2023) Third quarter 2024 results: EPS: US$4.77 (up from US$4.60 in 3Q 2023). Revenue: US$1.25b (flat on 3Q 2023). Net income: US$251.1m (up 3.3% from 3Q 2023). Profit margin: 20% (in line with 3Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Aankondiging • Oct 03
Snap-on Incorporated to Report Q3, 2024 Results on Oct 17, 2024 Snap-on Incorporated announced that they will report Q3, 2024 results Pre-Market on Oct 17, 2024 Declared Dividend • Aug 12
Second quarter dividend of US$1.86 announced Shareholders will receive a dividend of US$1.86. Ex-date: 19th August 2024 Payment date: 10th September 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 09
Snap-On Incorporated Declares Quarterly Common Stock Dividend, Payable on September 10, 2024 Snap-on Incorporated announced that its board of directors has declared a quarterly common stock dividend of $1.86 per share payable on September 10, 2024, to shareholders of record at the close of business on August 19, 2024. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: US$5.15 (vs US$4.99 in 2Q 2023) Second quarter 2024 results: EPS: US$5.15 (up from US$4.99 in 2Q 2023). Revenue: US$1.28b (flat on 2Q 2023). Net income: US$271.2m (up 2.7% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Aankondiging • Jul 06
Snap-on Incorporated to Report Q2, 2024 Results on Jul 18, 2024 Snap-on Incorporated announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 18, 2024 Recent Insider Transactions • Jun 02
Insider recently sold €2.1m worth of stock On the 29th of May, Jesus Arregui sold around 8k shares on-market at roughly €245 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.9m more than they bought in the last 12 months. Upcoming Dividend • May 13
Upcoming dividend of US$1.86 per share Eligible shareholders must have bought the stock before 17 May 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.3%). Declared Dividend • Apr 29
First quarter dividend of US$1.86 announced Shareholders will receive a dividend of US$1.86. Ex-date: 17th May 2024 Payment date: 10th June 2024 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 27
Snap-on Incorporated Declares Quarterly Common Stock Dividend, Payable on June 10, 2024 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $1.86 per share payable June 10, 2024, to shareholders of record at the close of business on May 20, 2024. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: US$4.99 (vs US$4.69 in 1Q 2023) First quarter 2024 results: EPS: US$4.99 (up from US$4.69 in 1Q 2023). Revenue: US$1.28b (flat on 1Q 2023). Net income: US$263.5m (up 6.0% from 1Q 2023). Profit margin: 21% (up from 20% in 1Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Aankondiging • Apr 05
Snap-on Incorporated to Report Q1, 2024 Results on Apr 18, 2024 Snap-on Incorporated announced that they will report Q1, 2024 results Pre-Market on Apr 18, 2024 Aankondiging • Mar 13
Snap-on Incorporated, Annual General Meeting, Apr 25, 2024 Snap-on Incorporated, Annual General Meeting, Apr 25, 2024, at 10:00 Central Standard Time. Location: the Company’s headquarters, 2801 80th Street, Kenosha Wisconsin United States Agenda: To elect 10 directors to each serve a one-year term ending at the 2025 Annual Meeting; to ratify the Audit Committee’s selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2024; to hold an advisory vote to approve the compensation of the Company’s named executive officers, as disclosed in “Compensation Discussion and Analysis” and “Executive Compensation Information” in the Proxy Statement; and to transact any other business that may properly come before the Annual Meeting or any adjournment or postponement thereof. Recent Insider Transactions • Feb 25
Senior VP of Finance & CFO recently sold €808k worth of stock On the 23rd of February, Aldo Pagliari sold around 3k shares on-market at roughly €250 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Aldo's only on-market trade for the last 12 months. Declared Dividend • Feb 19
Fourth quarter dividend of US$1.86 announced Shareholders will receive a dividend of US$1.86. Ex-date: 23rd February 2024 Payment date: 11th March 2024 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 16
Snap-on Incorporated Declares Quarterly Common Stock Dividend, Payable on March 11, 2024 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $1.86 per share payable March 11, 2024, to shareholders of record at the close of business on February 26, 2024. Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: US$19.11 (vs US$17.14 in FY 2022) Full year 2023 results: EPS: US$19.11 (up from US$17.14 in FY 2022). Revenue: US$5.11b (up 5.5% from FY 2022). Net income: US$1.01b (up 11% from FY 2022). Profit margin: 20% (up from 19% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Aankondiging • Jan 26
Snap-on Incorporated to Report Q4, 2023 Results on Feb 08, 2024 Snap-on Incorporated announced that they will report Q4, 2023 results Pre-Market on Feb 08, 2024 Buying Opportunity • Jan 04
Now 21% undervalued Over the last 90 days, the stock is up 5.7%. The fair value is estimated to be €325, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 1.2% per annum over the same time period. Buying Opportunity • Dec 14
Now 20% undervalued Over the last 90 days, the stock is up 6.8%. The fair value is estimated to be €325, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 1.2% per annum over the same time period. Upcoming Dividend • Nov 13
Upcoming dividend of US$1.86 per share at 2.4% yield Eligible shareholders must have bought the stock before 20 November 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.0%). Aankondiging • Nov 08
Snap-on Incorporated (NYSE:SNA) acquired Mountz, Inc. for approximately $40 million. Snap-on Incorporated (NYSE:SNA) acquired Mountz, Inc. for approximately $40 million on November 1, 2023.
Snap-on Incorporated (NYSE:SNA) completed the acquisition of Mountz, Inc. on November 1, 2023. Aankondiging • Nov 03
Snap-on Incorporated Raises Quarterly Dividend, Payable on December 11, 2023 Snap-on Incorporated announced that its Board of Directors has declared a quarterly common stock dividend of $1.86 per share payable December 11, 2023, to shareholders of record at the close of business on November 21, 2023. This represents an increase of $0.24 per share, or 14.8%, over Snap-on's previous quarterly dividend of $1.62 per share. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$4.60 (vs US$4.21 in 3Q 2022) Third quarter 2023 results: EPS: US$4.60 (up from US$4.21 in 3Q 2022). Revenue: US$1.23b (up 3.3% from 3Q 2022). Net income: US$243.1m (up 8.6% from 3Q 2022). Profit margin: 20% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year. Aankondiging • Oct 06
Snap-on Incorporated to Report Q3, 2023 Results on Oct 19, 2023 Snap-on Incorporated announced that they will report Q3, 2023 results Pre-Market on Oct 19, 2023 Buying Opportunity • Aug 11
Now 21% undervalued Over the last 90 days, the stock is up 4.1%. The fair value is estimated to be €309, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 1.0% per annum over the same time period. Upcoming Dividend • Aug 10
Upcoming dividend of US$1.62 per share at 2.4% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Aankondiging • Aug 04
Snap-on Incorporated Declares Quarterly Dividend, Payable on September 11, 2023 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $1.62 per share payable September 11, 2023, to shareholders of record at the close of business on August 18, 2023. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: US$4.98 (vs US$4.34 in 2Q 2022) Second quarter 2023 results: EPS: US$4.98 (up from US$4.34 in 2Q 2022). Revenue: US$1.28b (up 5.0% from 2Q 2022). Net income: US$264.0m (up 14% from 2Q 2022). Profit margin: 21% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 07
Snap-on Incorporated to Report Q2, 2023 Results on Jul 20, 2023 Snap-on Incorporated announced that they will report Q2, 2023 results Pre-Market on Jul 20, 2023 Upcoming Dividend • May 11
Upcoming dividend of US$1.62 per share at 2.5% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.9%). Recent Insider Transactions • May 05
Insider recently sold €118k worth of stock On the 3rd of May, Richard Miller sold around 495 shares on-market at roughly €238 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €475k. Insiders have been net sellers, collectively disposing of €677k more than they bought in the last 12 months. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: US$4.69 (vs US$4.07 in 1Q 2022) First quarter 2023 results: EPS: US$4.69 (up from US$4.07 in 1Q 2022). Revenue: US$1.28b (up 7.6% from 1Q 2022). Net income: US$248.7m (up 14% from 1Q 2022). Profit margin: 20% (up from 18% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Apr 04
Now 20% undervalued Over the last 90 days, the stock is up 4.7%. The fair value is estimated to be €284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 0.7% per annum over the same time period. Buying Opportunity • Mar 17
Now 20% undervalued Over the last 90 days, the stock is up 3.0%. The fair value is estimated to be €278, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 0.4% per annum over the same time period. Recent Insider Transactions • Mar 09
Independent Director recently sold €475k worth of stock On the 8th of March, Karen Daniel sold around 2k shares on-market at roughly €232 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €560k more than they bought in the last 12 months. Upcoming Dividend • Feb 15
Upcoming dividend of US$1.62 per share at 2.6% yield Eligible shareholders must have bought the stock before 22 February 2023. Payment date: 10 March 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.5%). Recent Insider Transactions • Feb 12
Independent Director recently sold €84k worth of stock On the 10th of February, W. Lehman sold around 363 shares on-market at roughly €232 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Aankondiging • Feb 10
Snap-on Incorporated Declares Quarterly Dividend, Payable on March 10, 2023 The Snap-on Incorporated board of directors declared a quarterly common stock dividend of $1.62 per share payable March 10, 2023, to shareholders of record on February 23, 2023. Reported Earnings • Feb 04
Full year 2022 earnings released: EPS: US$17.14 (vs US$15.22 in FY 2021) Full year 2022 results: EPS: US$17.14 (up from US$15.22 in FY 2021). Revenue: US$4.84b (up 5.2% from FY 2021). Net income: US$911.7m (up 11% from FY 2021). Profit margin: 19% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year. Aankondiging • Jan 20
Snap-on Incorporated to Report Q4, 2022 Results on Feb 02, 2023 Snap-on Incorporated announced that they will report Q4, 2022 results Pre-Market on Feb 02, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. Independent Director Dave Adams was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 11
Upcoming dividend of US$1.62 per share Eligible shareholders must have bought the stock before 18 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.7%). Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: US$4.21 (vs US$3.65 in 3Q 2021) Third quarter 2022 results: EPS: US$4.21 (up from US$3.65 in 3Q 2021). Revenue: US$1.19b (up 5.8% from 3Q 2021). Net income: US$223.9m (up 14% from 3Q 2021). Profit margin: 19% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Upcoming Dividend • Aug 11
Upcoming dividend of US$1.42 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (2.6%). Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$4.34 (vs US$3.85 in 2Q 2021) Second quarter 2022 results: EPS: US$4.34 (up from US$3.85 in 2Q 2021). Revenue: US$1.22b (up 4.7% from 2Q 2021). Net income: US$231.5m (up 11% from 2Q 2021). Profit margin: 19% (up from 18% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.1% compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Upcoming Dividend • May 12
Upcoming dividend of US$1.42 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.6%). Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$4.07 (vs US$3.56 in 1Q 2021) First quarter 2022 results: EPS: US$4.07 (up from US$3.56 in 1Q 2021). Revenue: US$1.19b (up 6.5% from 1Q 2021). Net income: US$217.4m (up 13% from 1Q 2021). Profit margin: 18% (up from 17% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.0% compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. Independent Director Dave Adams was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 22
First quarter 2022 earnings released: EPS: US$4.07 (vs US$3.56 in 1Q 2021) First quarter 2022 results: EPS: US$4.07 (up from US$3.56 in 1Q 2021). Revenue: US$1.19b (up 6.5% from 1Q 2021). Net income: US$217.4m (up 13% from 1Q 2021). Profit margin: 18% (up from 17% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 4.9% compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Feb 15
Upcoming dividend of US$1.42 per share Eligible shareholders must have bought the stock before 22 February 2022. Payment date: 10 March 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.3%). Recent Insider Transactions • Feb 12
Independent Director recently sold €71k worth of stock On the 11th of February, W. Lehman sold around 381 shares on-market at roughly €186 per share. In the last 3 months, there was an even bigger sale from another insider worth €428k. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$15.22 (up from US$11.55 in FY 2020). Revenue: US$4.60b (up 17% from FY 2020). Net income: US$820.5m (up 31% from FY 2020). Profit margin: 18% (up from 16% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 4.2% compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 10
Independent Director recently sold €428k worth of stock On the 9th of December, Karen Daniel sold around 2k shares on-market at roughly €189 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Upcoming Dividend • Nov 11
Upcoming dividend of US$1.42 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 10 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS US$3.65 (vs US$3.31 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$1.13b (up 9.5% from 3Q 2020). Net income: US$196.2m (up 9.2% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 11
Independent Director recently sold €606k worth of stock On the 9th of September, Karen Daniel sold around 3k shares on-market at roughly €188 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €670k more than they bought in the last 12 months. Upcoming Dividend • Aug 12
Upcoming dividend of US$1.23 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 10 September 2021. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS US$3.85 (vs US$1.86 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.17b (up 44% from 2Q 2020). Net income: US$208.0m (up 106% from 2Q 2020). Profit margin: 18% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Jul 01
Principal Accounting Officer, VP & Controller Richard Strege has left the company On the 30th of June, Richard Strege's tenure as Principal Accounting Officer, VP & Controller ended after 4.1 years in the role. As of March 2021, Richard still personally held 2.07k shares (€410k worth at the time). Richard is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.25 years. Upcoming Dividend • May 13
Upcoming dividend of US$1.23 per share Eligible shareholders must have bought the stock before 20 May 2021. Payment date: 10 June 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$3.55 (vs US$2.52 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$1.11b (up 19% from 1Q 2020). Net income: US$192.6m (up 40% from 1Q 2020). Profit margin: 17% (up from 15% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: €168 The company is up 15% from its price of €146 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €224 per share. Recent Insider Transactions • Feb 17
Independent Director recently sold €64k worth of stock On the 16th of February, W. Lehman sold around 410 shares on-market at roughly €157 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 06
Full year 2020 earnings released: EPS US$11.55 (vs US$12.59 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.94b (down 3.1% from FY 2019). Net income: US$627.0m (down 9.6% from FY 2019). Profit margin: 16% (down from 17% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is expected to shrink by 7.6% compared to a 5.0% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 29
New 90-day high: €154 The company is up 16% from its price of €133 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €158 per share. Upcoming Dividend • Nov 12
Upcoming Dividend of US$1.23 Per Share Will be paid on the 10th of December to those who are registered shareholders by the 19th of November. The trailing yield of 2.5% is below the top quartile of German dividend payers (3.6%), but it is higher than industry peers (2.0%). Is New 90 Day High Low • Nov 11
New 90-day high: €144 The company is up 10.0% from its price of €131 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €141 per share. Reported Earnings • Oct 24
Third quarter earnings released Over the last 12 months the company has reported total profits of US$588.7m, down 16% from the prior year. Total revenue was US$3.81b over the last 12 months, down 6.2% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 24
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 15% at US$941.6m. Revenue is expected to shrink by 6.3% over the next year, compared to a 1.9% decline forecast for the Machinery industry in Germany. Is New 90 Day High Low • Oct 07
New 90-day high: €132 The company is up 14% from its price of €116 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €176 per share.