Zacks Research Issues Positive Forecast for Snap-On Earnings

Snap-On Incorporated (NYSE:SNA) – Zacks Research increased their FY2025 earnings estimates for shares of Snap-On in a research report issued on Thursday, November 6th. Zacks Research analyst Team now expects that the company will earn $18.80 per share for the year, up from their prior forecast of $18.62. The consensus estimate for Snap-On’s current full-year earnings is $19.79 per share. Zacks Research also issued estimates for Snap-On’s Q4 2025 earnings at $4.86 EPS, Q1 2026 earnings at $4.79 EPS, Q3 2026 earnings at $5.08 EPS, Q4 2026 earnings at $5.23 EPS, FY2026 earnings at $20.15 EPS, Q1 2027 earnings at $5.07 EPS, Q2 2027 earnings at $5.28 EPS, Q3 2027 earnings at $5.41 EPS and FY2027 earnings at $21.17 EPS.

Other equities analysts have also recently issued research reports about the company. Robert W. Baird upped their target price on Snap-On from $355.00 to $365.00 and gave the stock a “neutral” rating in a report on Friday, October 17th. Barrington Research restated an “outperform” rating and set a $350.00 price target on shares of Snap-On in a report on Wednesday, October 15th. Tigress Financial upped their price objective on Snap-On from $395.00 to $405.00 and gave the company a “buy” rating in a research note on Tuesday, October 21st. Bank of America lifted their target price on shares of Snap-On from $265.00 to $285.00 and gave the stock an “underperform” rating in a research report on Friday, July 18th. Finally, Wall Street Zen raised shares of Snap-On from a “hold” rating to a “buy” rating in a report on Saturday, October 18th. Five 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.00.

Snap-On Stock Up 0.7%

Shares of SNA opened at $343.85 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.37 and a current ratio of 4.40. Snap-On has a 52 week low of $289.81 and a 52 week high of $373.89. The stock has a market capitalization of $17.88 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 2.33 and a beta of 0.81. The stock has a fifty day moving average of $337.31 and a 200-day moving average of $325.97.

Snap-On (NYSE:SNA) last issued its earnings results on Thursday, October 16th. The company reported $4.71 earnings per share for the quarter, beating analysts’ consensus estimates of $4.59 by $0.12. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.16 billion. Snap-On had a net margin of 21.08% and a return on equity of 17.71%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business posted $4.70 earnings per share.

Institutional Investors Weigh In On Snap-On

Several institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Wealth LLC grew its stake in Snap-On by 9.5% in the third quarter. NewEdge Wealth LLC now owns 2,033 shares of the company’s stock valued at $697,000 after acquiring an additional 176 shares during the period. Syon Capital LLC raised its position in shares of Snap-On by 16.3% during the third quarter. Syon Capital LLC now owns 1,755 shares of the company’s stock worth $608,000 after purchasing an additional 246 shares during the period. Marble Harbor Investment Counsel LLC lifted its holdings in shares of Snap-On by 8.7% in the 3rd quarter. Marble Harbor Investment Counsel LLC now owns 815 shares of the company’s stock worth $282,000 after purchasing an additional 65 shares in the last quarter. Drucker Wealth 3.0 LLC grew its position in Snap-On by 121.7% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 2,510 shares of the company’s stock valued at $870,000 after purchasing an additional 1,378 shares during the period. Finally, Crestwood Advisors Group LLC increased its stake in Snap-On by 2.5% during the 3rd quarter. Crestwood Advisors Group LLC now owns 3,910 shares of the company’s stock valued at $1,355,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 84.88% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Nicholas T. Pinchuk sold 23,042 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of $320.88, for a total transaction of $7,393,716.96. Following the completion of the sale, the chief executive officer directly owned 815,219 shares in the company, valued at $261,587,472.72. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Aldo John Pagliari sold 125 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $325.21, for a total transaction of $40,651.25. Following the completion of the transaction, the chief financial officer owned 111,721 shares in the company, valued at approximately $36,332,786.41. The trade was a 0.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 27,898 shares of company stock worth $8,983,203. Insiders own 3.90% of the company’s stock.

Snap-On Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 21st will be paid a $2.44 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.8%. This is an increase from Snap-On’s previous quarterly dividend of $2.14. Snap-On’s payout ratio is currently 44.89%.

About Snap-On

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.