Snap-On Incorporated (NYSE:SNA) Receives $426.20 Average PT from Brokerages

Snap-On Incorporated (NYSE:SNA) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $426.20.

A number of equities analysts have recently commented on SNA shares. Roth Capital reaffirmed a “buy” rating and set a $461.00 price objective (up from $409.00) on shares of Snap-On in a report on Friday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Robert W. Baird set a $415.00 price target on shares of Snap-On in a research report on Friday, July 24th. Tigress Financial raised their price target on shares of Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Barclays initiated coverage on Snap-On in a report on Thursday, May 28th. They set an “overweight” rating and a $420.00 price objective on the stock.

Insider Buying and Selling

In other Snap-On news, SVP Jesus Arregui sold 4,251 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $383.92, for a total transaction of $1,632,043.92. Following the completion of the transaction, the senior vice president directly owned 4,439 shares in the company, valued at $1,704,220.88. This represents a 48.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 value of $811,840.00. Following the transaction, the vice president directly owned 4,529 shares of the company’s stock, valued at approximately $1,838,411.68. The trade was a 30.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,039 shares of company stock worth $9,334,505 in the last quarter. Corporate insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On Snap-On

Several large investors have recently made changes to their positions in SNA. Vantage Point Financial LLC acquired a new stake in shares of Snap-On during the 2nd quarter worth about $293,000. Caisse de depot et placement du Quebec acquired a new position in Snap-On in the second quarter valued at about $181,969,000. Man Group plc acquired a new position in Snap-On in the second quarter valued at about $5,026,000. Jupiter Topco LLC bought a new stake in Snap-On during the second quarter worth about $2,138,000. Finally, Hsbc Holdings PLC bought a new stake in Snap-On during the second quarter worth about $169,649,000. Institutional investors own 84.88% of the company’s stock.

Snap-On News Roundup

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

• Positive Sentiment: Long-term earnings outlook improved: Zacks Research raised its FY2028 EPS estimate to $22.13 from $21.75. Estimates for Q1 2027, Q2 2027 and Q1–Q2 2028 were also increased, suggesting expectations for continued earnings growth. Snap-On stock information
• Positive Sentiment: Analyst sentiment remains favorable: Snap-On has an overall “Moderate Buy” rating, with five Buy ratings and one Hold rating. The average price target is $426.20, above the recent trading level. Snap-On receives Moderate Buy rating
• Positive Sentiment: Shareholder returns provide support: The company has authorized a $500 million share-repurchase program and recently declared a quarterly dividend of $2.44, equivalent to a 2.4% annualized yield at the reported valuation.
• Neutral Sentiment: Recent operating performance was solid: Snap-On’s latest quarterly earnings were $4.96 per share, slightly above estimates, while revenue increased 4.7% year over year to $1.24 billion. The stock trades near its 12-month high, with a price-to-earnings ratio of approximately 20.6.
• Negative Sentiment: Near-term estimates were trimmed: Zacks lowered its Q3 2026 EPS forecast to $4.90 from $4.96 and its Q4 2026 estimate to $5.07 from $5.13. It also reduced Q3 and Q4 2027 estimates slightly, indicating some caution about upcoming results.
• Negative Sentiment: CFO insider sale may weigh on sentiment: CFO Aldo John Pagliari sold 5,531 shares for approximately $2.24 million, reducing his holdings by 4.38%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan and he retains more than 120,000 shares, the signal is less concerning but remains a potential overhang. Snap-On CFO stock sale

Snap-On Stock Performance

Shares of NYSE SNA opened at $403.25 on Thursday. The business has a fifty day simple moving average of $402.16 and a 200 day simple moving average of $383.62. The company has a current ratio of 3.43, a quick ratio of 2.64 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $20.86 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 2.84 and a beta of 0.73. Snap-On has a one year low of $319.20 and a one year high of $423.02.

Snap-On (NYSE:SNA) last issued its 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. The firm 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 17.07% and a net margin of 21.25%.Snap-On’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business earned $4.72 earnings per share. Sell-side analysts expect that Snap-On will post 19.7 EPS for the current year.

Snap-On Dividend Announcement

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

Snap-On declared that its board has approved a stock buyback program on Thursday, April 30th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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.