Snap-On (SNA) to Release Quarterly Earnings on Thursday

Snap-On (NYSE:SNAGet Free Report) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Snap-On to announce earnings of $4.90 per share and revenue of $1.2199 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Snap-On (NYSE:SNAGet Free Report) last announced 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 company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the business posted $4.51 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. On average, analysts expect Snap-On to post $20 EPS for the current fiscal year and $21 EPS for the next fiscal year.

Snap-On Stock Performance

Shares of Snap-On stock opened at $407.07 on Tuesday. The business has a 50-day simple moving average of $386.57 and a 200-day simple moving average of $377.03. 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 has a one year low of $312.78 and a one year high of $419.68. The company has a market cap of $21.09 billion, a PE ratio of 21.02, a P/E/G ratio of 2.89 and a beta of 0.73.

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

Snap-On Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a $2.44 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $9.76 dividend on an annualized basis and a yield of 2.4%. Snap-On’s payout ratio is currently 50.39%.

Analyst Ratings Changes

SNA has been the topic of a number of analyst reports. Robert W. Baird raised their price objective on shares of Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Roth Capital reiterated a “buy” rating and set a $431.00 target price on shares of Snap-On in a research note on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a report on Friday. Finally, Barclays started coverage on Snap-On in a research note on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $408.20.

Check Out Our Latest Stock Analysis on SNA

Insider Buying and Selling at Snap-On

In other news, CFO Aldo John Pagliari sold 5,713 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $367.19, for a total value of $2,097,756.47. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Richard Thomas Miller sold 2,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total transaction of $811,840.00. Following the completion of the transaction, the vice president directly owned 4,529 shares in the company, valued at $1,838,411.68. This represents 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. In the last three months, insiders have sold 37,117 shares of company stock valued at $14,003,922. 3.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Snap-On

A number of hedge funds have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. raised its stake in shares of Snap-On by 17.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,866 shares of the company’s stock worth $644,000 after buying an additional 281 shares in the last quarter. Compound Planning Inc. grew its holdings in Snap-On by 7.1% during the fourth quarter. Compound Planning Inc. now owns 666 shares of the company’s stock worth $230,000 after acquiring an additional 44 shares during the period. Corient Private Wealth LLC grew its holdings in Snap-On by 521.4% during the fourth quarter. Corient Private Wealth LLC now owns 142,504 shares of the company’s stock worth $49,107,000 after acquiring an additional 119,573 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Snap-On by 3.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 131,849 shares of the company’s stock worth $45,435,000 after acquiring an additional 4,326 shares in the last quarter. Finally, Vident Advisory LLC raised its position in Snap-On by 1.8% in the fourth quarter. Vident Advisory LLC now owns 5,992 shares of the company’s stock worth $2,065,000 after acquiring an additional 106 shares in the last quarter. Institutional investors and hedge funds own 84.88% of the company’s stock.

About Snap-On

(Get Free Report)

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.

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Earnings History for Snap-On (NYSE:SNA)

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