Snap-On (NYSE:SNA) CFO Aldo John Pagliari Sells 5,713 Shares of Stock

Snap-On Incorporated (NYSE:SNA) CFO Aldo John Pagliari sold 5,713 shares of Snap-On stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $367.19, for a total value of $2,097,756.47. Following the completion of the transaction, the chief financial officer owned 119,488 shares of the company’s stock, valued at approximately $43,874,798.72. The trade was a 4.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aldo John Pagliari also recently made the following trade(s):

• On Thursday, February 19th, Aldo John Pagliari sold 7,043 shares of Snap-On stock. The shares were sold at an average price of $382.05, for a total value of $2,690,778.15.

Snap-On Trading Down 0.1%

Shares of SNA opened at $366.27 on Friday. The stock has a fifty day moving average price of $372.24 and a two-hundred day moving average price of $362.13. 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 Incorporated has a 52-week low of $301.82 and a 52-week high of $400.88. The company has a market cap of $18.97 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 2.58 and a beta of 0.75.

Snap-On (NYSE:SNA) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the firm posted $4.51 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Analysts predict that Snap-On Incorporated will post 19.7 EPS for the current fiscal year.

Snap-On declared that its Board of Directors has initiated a stock buyback plan on Thursday, April 30th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 2.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Snap-On Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be given a $2.44 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $9.76 annualized dividend and a yield of 2.7%. Snap-On’s payout ratio is presently 50.39%.

Key Stories Impacting Snap-On

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

• Positive Sentiment: Industrial buyback commentary highlighted Snap-On as part of a broader group of companies with strong buyback capacity, which can support shareholder returns and provide a bullish backdrop for the stock.
• Positive Sentiment: Zacks Research raised its Q1 2028 earnings estimate for Snap-On, signaling slightly improved longer-term profit expectations.
• Neutral Sentiment: Snap-On CFO Aldo John Pagliari sold 5,713 shares under a pre-arranged 10b5-1 trading plan; because the sale was planned in advance, it is not necessarily a sign of weakening fundamentals, though insider selling can still attract investor attention.
• Negative Sentiment: Zacks Research lowered Snap-On’s FY2026 earnings estimate to $19.62 per share from $19.90, implying softer near-term earnings expectations.
• Negative Sentiment: The firm also cut FY2027 and several quarterly EPS forecasts, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, and Q3 2027, reinforcing concerns about future earnings momentum.

Institutional Investors Weigh In On Snap-On

Several hedge funds and other institutional investors have recently made changes to their positions in SNA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Snap-On by 15.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,850 shares of the company’s stock valued at $2,983,000 after buying an additional 1,185 shares during the period. Woodline Partners LP grew its stake in shares of Snap-On by 40.4% during the first quarter. Woodline Partners LP now owns 4,426 shares of the company’s stock worth $1,492,000 after purchasing an additional 1,273 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Snap-On by 100.9% during the second quarter. EverSource Wealth Advisors LLC now owns 464 shares of the company’s stock worth $144,000 after purchasing an additional 233 shares during the period. Gamco Investors INC. ET AL grew its stake in shares of Snap-On by 32.9% during the second quarter. Gamco Investors INC. ET AL now owns 1,752 shares of the company’s stock worth $545,000 after purchasing an additional 434 shares during the period. Finally, Natixis grew its stake in shares of Snap-On by 136.8% during the second quarter. Natixis now owns 3,048 shares of the company’s stock worth $948,000 after purchasing an additional 1,761 shares during the period. 84.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Roth Mkm reiterated a “buy” rating and issued a $431.00 price objective on shares of Snap-On in a research report on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research note on Monday, April 20th. Wall Street Zen cut Snap-On from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Tigress Financial lifted their target price on Snap-On from $405.00 to $445.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, Robert W. Baird lifted 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, April 24th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.20.

About Snap-On

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.