Sei Investments Co. Buys 2,372 Shares of Snap-On Incorporated $SNA

Sei Investments Co. lifted its position in Snap-On Incorporated (NYSE:SNA) by 0.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 387,685 shares of the company’s stock after acquiring an additional 2,372 shares during the period. Sei Investments Co. owned approximately 0.75% of Snap-On worth $140,817,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SNA. State of Wyoming acquired a new stake in shares of Snap-On during the first quarter worth about $198,000. First Citizens Bank & Trust Co. lifted its position in shares of Snap-On by 1.8% in the first quarter. First Citizens Bank & Trust Co. now owns 42,784 shares of the company’s stock worth $15,540,000 after purchasing an additional 773 shares in the last quarter. CI Investments Inc. bought a new stake in Snap-On during the 1st quarter worth about $255,000. First Trust Advisors LP raised its holdings in Snap-On by 3.3% during the first quarter. First Trust Advisors LP now owns 2,033,129 shares of the company’s stock worth $738,473,000 after acquiring an additional 65,521 shares in the last quarter. Finally, ABN Amro Investment Solutions boosted its holdings in shares of Snap-On by 5.8% in the 1st quarter. ABN Amro Investment Solutions now owns 16,818 shares of the company’s stock valued at $6,109,000 after buying an additional 928 shares during the last quarter. Institutional investors and hedge funds own 84.88% of the company’s stock.

Snap-On Price Performance

Shares of NYSE:SNA opened at $396.15 on Friday. The firm’s fifty day moving average is $388.68 and its 200-day moving average is $378.21. Snap-On Incorporated has a 52 week low of $312.78 and a 52 week high of $419.68. The firm has a market cap of $20.52 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 2.86 and a beta of 0.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.74 and a current ratio of 3.53.

Snap-On (NYSE:SNA) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, beating the consensus estimate of $4.95 by $0.01. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Snap-On had a return on equity of 17.13% and a net margin of 21.28%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.72 earnings per share. Sell-side analysts predict that Snap-On Incorporated will post 19.7 earnings per share for the current year.

Snap-On announced that its board has authorized a share buyback program on Thursday, April 30th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Snap-On Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a dividend of $2.44 per share. This represents a $9.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Wednesday, May 20th. Snap-On’s dividend payout ratio (DPR) is presently 50.39%.

Insiders Place Their Bets

In other Snap-On news, CFO Aldo John Pagliari sold 1,330 shares of Snap-On stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $379.27, for a total value of $504,429.10. Following the completion of the sale, the chief financial officer directly owned 118,158 shares in the company, valued at approximately $44,813,784.66. The trade was a 1.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Richard Thomas Miller sold 2,000 shares of Snap-On stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total transaction of $811,840.00. Following the completion of the sale, the vice president owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This represents a 30.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 37,117 shares of company stock worth $14,003,922. Company insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SNA. Robert W. Baird raised their target price on shares of Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Roth Capital reissued a “buy” rating and issued a $431.00 target price on shares of Snap-On in a research report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Finally, Barclays started coverage on shares of Snap-On in a research note on Thursday, May 28th. They set an “overweight” rating and a $420.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $408.20.

Key Snap-On News

Here are the key news stories impacting Snap-On this week:

• Positive Sentiment: Snap-on beat Q2 earnings expectations, reporting $4.96 per share versus estimates of about $4.95, and revenue of $1.24 billion, ahead of consensus. Organic sales rose 3%, helped by acquisitions and currency tailwinds. Article: Snap-on Q2 Earnings & Revenues Beat Estimates, Organic Sales Rise 3%
• Positive Sentiment: Roth Capital reaffirmed its Buy rating on Snap-on and set a $431 price target, implying additional upside from current levels. Article: Roth Capital rating update via Benzinga
• Neutral Sentiment: Investor attention is centered on the earnings call transcript and management commentary for clues about demand trends, margins, and the outlook for the second half of the year. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Despite the earnings beat, some reports noted that sales were below the highest analyst expectations, suggesting the market may be reacting more to revenue quality than to the EPS beat. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

Snap-On Profile

Snap‑On Incorporated (NYSE: SNA) is a designer, manufacturer and marketer of tools, diagnostic equipment, repair information and shop equipment for professional users. The company’s product range includes hand and power tools, tool storage and cabinets, diagnostic scan tools and software, shop equipment such as lifts and tire changers, and specialized specialty tools for automotive, aviation, marine and industrial applications. Snap‑On also offers information and workflow solutions that combine diagnostic data, repair procedures and parts information to support professional technicians.

Founded in 1920 and headquartered in Kenosha, Wisconsin, Snap‑On has established a long history in the professional tools market.