Snap-On Incorporated (NYSE:SNA – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $382.38, but opened at $400.88. Snap-On shares last traded at $384.4060, with a volume of 61,926 shares traded.
Key Snap-On News
Here are the key news stories impacting Snap-On this week:
- Positive Sentiment: Revenue and sales beat — Q1 revenue came in above expectations and organic sales rose ~3.4%, showing top-line resilience across segments. Snap-on Q1 Earnings & Revenues Beat Estimates, Organic Sales Rise 3.4%
- Positive Sentiment: Demand tailwind — an aging U.S. vehicle fleet (average age ~12.8 years) is supporting sustained demand for repair tools and equipment, a structural positive for Snap‑On’s addressable market. Average Vehicle Age Hits 12.8 years, Snap-On Sees Tool Demand
- Positive Sentiment: Strong margins and profitability metrics remain solid — Snap‑On reported healthy net margin and ROE levels, and year-over-year EPS improvement versus last year’s quarter. Snap-On earnings summary and filings
- Neutral Sentiment: Full disclosures available — the earnings press release, slide deck and the full earnings-call transcript/slides are posted for investors to review detail on segment performance and working-capital trends. Snap-on Q1 2026 Earnings Call Transcript Q1 Results – Earnings Call Presentation
- Negative Sentiment: EPS missed consensus slightly — reported EPS of $4.69 fell short of the consensus (~$4.75), which can weigh on investor sentiment despite the revenue beat. Snap-on revenue tops estimates, but earnings miss as margins tighten
- Negative Sentiment: Margins tightened and management flagged macro headwinds — commentary about cost pressure and uncertain end-market dynamics increases focus on whether margin recovery can continue. Snap-On 1Q Net, Sales Rise; Company Notes Macro Headwinds
- Negative Sentiment: Mixed market reaction → initial post-release strength gave way to profit-taking as investors parsed the small EPS miss and margin commentary. Average Vehicle Age Hits 12.8 years, Snap-On Sees Tool Demand
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a research note on Monday. Roth Mkm restated a “buy” rating and issued a $431.00 price target on shares of Snap-On in a research note on Friday. Tigress Financial upped their price target on Snap-On from $405.00 to $445.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Wall Street Zen downgraded Snap-On from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Robert W. Baird increased their target price on Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Snap-On currently has an average rating of “Moderate Buy” and a consensus target price of $381.20.
Snap-On Trading Down 3.1%
The firm has a 50 day simple moving average of $374.57 and a 200 day simple moving average of $358.73. The company has a current ratio of 3.53, a quick ratio of 3.68 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $19.70 billion, a PE ratio of 19.54, a P/E/G ratio of 2.70 and a beta of 0.77.
Snap-On (NYSE:SNA – Get Free Report) last issued its earnings results on Thursday, April 23rd. The company reported $4.69 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.06). The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.51 earnings per share. Equities analysts expect that Snap-On Incorporated will post 19.86 earnings per share for the current fiscal year.
Snap-On Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $2.44 dividend. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, February 24th. Snap-On’s dividend payout ratio (DPR) is 50.39%.
Insider Transactions at Snap-On
In other news, SVP Timothy L. Chambers sold 8,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $385.13, for a total value of $3,081,040.00. Following the transaction, the senior vice president directly owned 19,480 shares in the company, valued at $7,502,332.40. This trade represents a 29.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Nicholas T. Pinchuk sold 23,229 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $383.36, for a total value of $8,905,069.44. Following the completion of the transaction, the chief executive officer owned 846,562 shares in the company, valued at approximately $324,538,008.32. This trade represents a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 39,650 shares of company stock valued at $15,210,959. Corporate insiders own 3.80% of the company’s stock.
Hedge Funds Weigh In On Snap-On
Institutional investors and hedge funds have recently modified their holdings of the company. Generali Asset Management SPA SGR purchased a new position in Snap-On in the third quarter worth about $2,068,000. DNB Asset Management AS grew its position in Snap-On by 65.5% in the third quarter. DNB Asset Management AS now owns 23,702 shares of the company’s stock worth $8,213,000 after acquiring an additional 9,377 shares in the last quarter. Bahl & Gaynor Inc. grew its position in Snap-On by 1.3% in the third quarter. Bahl & Gaynor Inc. now owns 381,283 shares of the company’s stock worth $132,126,000 after acquiring an additional 4,932 shares in the last quarter. Pensionfund Sabic purchased a new position in Snap-On in the fourth quarter worth about $1,206,000. Finally, Nordea Investment Management AB grew its position in Snap-On by 4.1% in the fourth quarter. Nordea Investment Management AB now owns 1,310,198 shares of the company’s stock worth $454,206,000 after acquiring an additional 51,486 shares in the last quarter. 84.88% of the stock is currently owned by hedge funds and other institutional investors.
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.
Further Reading
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