What is Zacks Research’s Forecast for Snap-On Q3 Earnings?

Snap-On Incorporated (NYSE:SNA) – Equities researchers at Zacks Research decreased their Q3 2026 earnings estimates for Snap-On in a report released on Thursday, August 13th. Zacks Research analyst Team now expects that the company will earn $4.90 per share for the quarter, down from their prior forecast of $4.96. The consensus estimate for Snap-On’s current full-year earnings is $19.70 per share. Zacks Research also issued estimates for Snap-On’s Q4 2026 earnings at $5.07 EPS, Q1 2027 earnings at $4.99 EPS, Q2 2027 earnings at $4.94 EPS, Q3 2027 earnings at $5.27 EPS, Q4 2027 earnings at $5.25 EPS, Q1 2028 earnings at $5.49 EPS, Q2 2028 earnings at $5.63 EPS and FY2028 earnings at $22.13 EPS.

Snap-On (NYSE:SNA) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $4.96 EPS for the quarter, topping the consensus estimate of $4.95 by $0.01. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the firm earned $4.72 EPS. The company’s quarterly revenue was up 4.7% compared to the same quarter last year.

SNA has been the subject of a number of other reports. 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 target on shares of Snap-On in a report on Friday, July 24th. Barclays assumed coverage on Snap-On in a report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 target price for the company. Tigress Financial increased their target price on shares of Snap-On from $445.00 to $485.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Roth Capital reissued a “buy” rating and issued a $461.00 price objective (up from $409.00) on shares of Snap-On in a research note on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Snap-On presently has a consensus rating of “Moderate Buy” and a consensus price target of $426.20.

Snap-On Price Performance

Shares of NYSE SNA opened at $404.57 on Friday. Snap-On has a 1-year low of $319.20 and a 1-year high of $423.02. The stock’s 50-day moving average is $401.69 and its two-hundred day moving average is $383.48. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.64. The company has a market cap of $20.93 billion, a price-to-earnings ratio of 20.63, a price-to-earnings-growth ratio of 2.87 and a beta of 0.73.

Snap-On Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $2.44 per share. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s payout ratio is 49.77%.

Snap-On declared that its Board of Directors has approved a stock repurchase plan on Thursday, April 30th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity at Snap-On

In other Snap-On news, CFO Aldo John Pagliari sold 5,531 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $404.25, for a total transaction of $2,235,906.75. Following the completion of the transaction, the chief financial officer directly owned 120,644 shares of the company’s stock, valued at approximately $48,770,337. This trade represents a 4.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Richard Thomas Miller sold 2,000 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total value of $811,840.00. Following the sale, the vice president owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This trade represents a 30.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,039 shares of company stock valued at $9,334,505 in the last ninety days. Company insiders own 3.80% of the company’s stock.

Institutional Trading of Snap-On

A number of large investors have recently made changes to their positions in SNA. Manning & Napier Advisors LLC acquired a new stake in Snap-On in the 2nd quarter valued at approximately $3,340,000. Dearborn Partners LLC bought a new position in shares of Snap-On in the second quarter valued at about $34,066,000. Cibc World Market Inc. acquired a new position in shares of Snap-On in the second quarter valued at approximately $2,718,000. Castlefield Investment Partners LLP bought a new position in Snap-On during the second quarter worth about $3,851,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Snap-On during the second quarter worth approximately $4,173,000. Institutional investors own 84.88% of the company’s stock.

More Snap-On News

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

• Positive Sentiment: Zacks Research raised several long-term earnings estimates. Forecasts increased for Q1 2027 EPS to $4.99 from $4.96, Q2 2027 EPS to $4.94 from $4.93, Q1 2028 EPS to $5.49 from $5.24, and Q2 2028 EPS to $5.63 from $5.43. FY2028 EPS was lifted to $22.13 from $21.75, suggesting improved expectations for Snap-On’s future profitability. Snap-On analyst estimates
• Positive Sentiment: Analyst sentiment remains constructive. Snap-On has an overall “Moderate Buy” rating, with five analysts rating the shares Buy and one rating them Hold. The average price target is $426.20, above the recent trading level, while individual targets include $461 from Roth Capital and $485 from Tigress Financial. Snap-On receives Moderate Buy rating
• Positive Sentiment: Shareholder returns provide additional support. Snap-On has authorized a $500 million stock-repurchase program and announced a quarterly dividend of $2.44, equivalent to an annualized $9.76 payout and an approximately 2.4% yield. The company’s latest quarter also showed revenue growth of 4.7% year over year and EPS slightly above consensus.
• Neutral Sentiment: Some estimates were lowered. Zacks reduced Q3 2026 EPS to $4.90 from $4.96 and Q4 2026 EPS to $5.07 from $5.13. It also trimmed Q3 2027 EPS to $5.27 from $5.30 and Q4 2027 EPS to $5.25 from $5.27. These adjustments indicate near-term caution despite the stronger long-term outlook.
• Negative Sentiment: CFO Aldo John Pagliari sold 5,531 shares for approximately $2.24 million at an average price of $404.25, reducing his holdings by 4.38%. However, the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which makes it a weaker bearish signal than discretionary insider selling. Snap-On CFO stock sale

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.