Shares of Snap-On Incorporated (NYSE:SNA – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $418.20.
A number of research firms recently commented on SNA. Barclays began coverage on shares of Snap-On in a research report on Thursday, May 28th. They set an “overweight” rating and a $420.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research report on Friday, July 17th. Robert W. Baird set a $415.00 price objective on Snap-On in a research note on Friday. Finally, Roth Capital reaffirmed a “buy” rating and issued a $461.00 price objective (up from $409.00) on shares of Snap-On in a report on Friday.
Read Our Latest Analysis on SNA
Insider Activity
Institutional Investors Weigh In On Snap-On
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wedge Capital Management L L P NC lifted its position in shares of Snap-On by 12.4% during the 2nd quarter. Wedge Capital Management L L P NC now owns 34,335 shares of the company’s stock worth $13,816,000 after buying an additional 3,794 shares during the last quarter. E. Ohman J or Asset Management AB grew its position in Snap-On by 49.6% in the second quarter. E. Ohman J or Asset Management AB now owns 2,110 shares of the company’s stock valued at $849,000 after acquiring an additional 700 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in Snap-On in the second quarter valued at about $264,000. Harrell Investment Partners LLC raised its stake in Snap-On by 12.0% during the second quarter. Harrell Investment Partners LLC now owns 2,636 shares of the company’s stock worth $1,061,000 after acquiring an additional 283 shares in the last quarter. Finally, Wynn Capital LLC acquired a new position in Snap-On during the second quarter worth about $215,000. 84.88% of the stock is currently owned by institutional investors.
Key Snap-On News
Here are the key news stories impacting Snap-On this week:
- Positive Sentiment: Snap-on beat Q2 estimates, posting EPS of $4.96 versus $4.95 expected and revenue of $1.24 billion versus $1.22 billion expected, supported by 4.7% year-over-year sales growth and 3% organic sales growth. Article: Snap-On (SNA) Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Management signaled disciplined capital allocation, saying it expects about $100 million of 2026 capex and is targeting a roughly 22% full-year tax rate, which investors may view as supportive of future profitability. Article: Snap-on expects $100M 2026 capex while targeting ~22% full-year tax rate
- Positive Sentiment: Roth Capital reaffirmed its buy rating and raised its price target to $431 from $409, reinforcing optimism around the stock after the earnings release. Article: Roth Capital rating update
- Neutral Sentiment: Several post-earnings writeups and the earnings call transcript recapped the quarter’s results and management commentary, but did not add materially new catalysts beyond the initial report. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
- Negative Sentiment: Some headlines noted that sales came in below analyst estimates on one read-through of the report, suggesting the market may still be weighing whether revenue momentum is strong enough to justify further upside. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings
Snap-On Stock Performance
Shares of NYSE SNA opened at $404.76 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.74. The firm has a market cap of $20.97 billion, a price-to-earnings ratio of 20.64, a P/E/G ratio of 2.84 and a beta of 0.73. The stock’s fifty day moving average price is $389.57 and its two-hundred day moving average price is $378.39. Snap-On has a one year low of $312.78 and a one year high of $419.68.
Snap-On (NYSE:SNA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, topping analysts’ consensus estimates of $4.95 by $0.01. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $4.72 earnings per share. On average, equities analysts forecast that Snap-On will post 19.67 EPS for the current year.
Snap-On declared that its board has approved a share buyback plan on Thursday, April 30th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
Snap-On Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $2.44 dividend. This represents a $9.76 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 20th. Snap-On’s payout ratio is 49.77%.
Snap-On Company 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.
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