Zacks Research Weighs in on Snap-on’s Q1 Earnings (NYSE:SNA)

Snap-on Incorporated (NYSE:SNA) – Analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Snap-on in a report released on Thursday, November 7th. Zacks Research analyst R. Department now expects that the company will earn $4.94 per share for the quarter, down from their previous estimate of $4.95. The consensus estimate for Snap-on’s current full-year earnings is $19.05 per share. Zacks Research also issued estimates for Snap-on’s Q4 2025 earnings at $4.97 EPS and Q2 2026 earnings at $5.43 EPS.

Other analysts have also issued reports about the stock. Bank of America increased their price objective on shares of Snap-on from $255.00 to $280.00 and gave the stock an “underperform” rating in a research report on Friday, October 18th. Robert W. Baird increased their price objective on shares of Snap-on from $290.00 to $347.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Roth Mkm increased their price objective on shares of Snap-on from $324.00 to $365.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Tigress Financial increased their price objective on shares of Snap-on from $336.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Barrington Research increased their price objective on shares of Snap-on from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $345.40.

Snap-on Stock Up 0.7 %

Shares of NYSE SNA opened at $361.85 on Monday. The company has a current ratio of 4.18, a quick ratio of 3.14 and a debt-to-equity ratio of 0.22. Snap-on has a 12-month low of $252.98 and a 12-month high of $363.20. The stock has a market capitalization of $19.00 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 2.38 and a beta of 0.96. The firm’s 50-day moving average price is $302.73 and its 200-day moving average price is $282.67.

Snap-on (NYSE:SNA) last announced its earnings results on Thursday, October 17th. The company reported $4.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.58 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Snap-on had a net margin of 22.13% and a return on equity of 19.44%.

Snap-on announced that its board has approved a share buyback plan on Thursday, August 8th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 3.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Snap-on Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 21st will be paid a $2.14 dividend. This is an increase from Snap-on’s previous quarterly dividend of $1.86. This represents a $8.56 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Thursday, November 21st. Snap-on’s dividend payout ratio is currently 38.29%.

Insiders Place Their Bets

In other Snap-on news, CFO Aldo John Pagliari sold 4,473 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $278.74, for a total value of $1,246,804.02. Following the transaction, the chief financial officer now directly owns 99,244 shares in the company, valued at $27,663,272.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, SVP Thomas J. Ward sold 12,737 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $333.21, for a total transaction of $4,244,095.77. Following the transaction, the senior vice president now directly owns 55,401 shares in the company, valued at approximately $18,460,167.21. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Aldo John Pagliari sold 4,473 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $278.74, for a total transaction of $1,246,804.02. Following the transaction, the chief financial officer now owns 99,244 shares in the company, valued at approximately $27,663,272.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,190 shares of company stock worth $8,212,284 in the last three months. Corporate insiders own 4.10% of the company’s stock.

Hedge Funds Weigh In On Snap-on

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Reston Wealth Management LLC purchased a new stake in Snap-on during the third quarter valued at approximately $30,000. Opal Wealth Advisors LLC purchased a new stake in Snap-on during the second quarter valued at approximately $30,000. Innealta Capital LLC purchased a new stake in Snap-on during the second quarter valued at approximately $32,000. Massmutual Trust Co. FSB ADV lifted its position in Snap-on by 53.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 127 shares of the company’s stock valued at $37,000 after acquiring an additional 44 shares during the last quarter. Finally, Quarry LP lifted its position in Snap-on by 244.7% during the second quarter. Quarry LP now owns 162 shares of the company’s stock valued at $42,000 after acquiring an additional 115 shares during the last quarter. 84.88% of the stock is currently owned by institutional investors.

Snap-on Company Profile

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.