Snap-On (NYSE:SNA) Given Buy Rating at Roth Capital

Roth Capital reaffirmed their buy rating on shares of Snap-On (NYSE:SNA) in a report published on Thursday morning,Benzinga reports. The brokerage currently has a $431.00 target price on the stock.

Several other research firms have also recently weighed in on SNA. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Robert W. Baird lifted their price objective on Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Barclays began coverage on Snap-On in a research note on Thursday, May 28th. They set an “overweight” rating and a $420.00 price objective for the company. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Snap-On presently has an average rating of “Moderate Buy” and an average target price of $408.20.

Snap-On Price Performance

Shares of NYSE:SNA opened at $396.15 on Thursday. The company has a 50 day moving average of $388.68 and a 200 day moving average of $378.21. The stock has a market cap of $20.52 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.86 and a beta of 0.73. Snap-On has a 12 month low of $312.78 and a 12 month high of $419.68. The company has a current ratio of 3.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.15.

Snap-On (NYSE:SNA) last posted its earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.95 by $0.01. Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the company posted $4.72 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Snap-On will post 19.7 EPS for the current fiscal year.

Snap-On Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $2.44 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $9.76 annualized dividend and a yield of 2.5%. Snap-On’s payout ratio is 50.39%.

Snap-On declared that its board has approved a share buyback plan on Thursday, April 30th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Snap-On

In other news, VP Richard Thomas Miller sold 2,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $405.92, for a total value of $811,840.00. Following the completion of the transaction, the vice president directly owned 4,529 shares in the company, valued at approximately $1,838,411.68. This represents a 30.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aldo John Pagliari sold 1,330 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $379.27, for a total value of $504,429.10. Following the transaction, the chief financial officer owned 118,158 shares in the company, valued at $44,813,784.66. This trade represents a 1.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 37,117 shares of company stock worth $14,003,922. Company insiders own 3.80% of the company’s stock.

Institutional Trading of Snap-On

A number of hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Snap-On during the fourth quarter worth approximately $25,000. DV Equities LLC bought a new stake in shares of Snap-On in the 4th quarter worth approximately $25,000. Western Wealth Management LLC purchased a new stake in shares of Snap-On in the 1st quarter valued at $29,000. Montag A & Associates Inc. boosted its stake in shares of Snap-On by 331.8% in the 4th quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock valued at $33,000 after purchasing an additional 73 shares in the last quarter. Finally, Quattro Advisors LLC bought a new position in shares of Snap-On during the 4th quarter valued at $35,000. Institutional investors own 84.88% of the company’s stock.

Trending Headlines about Snap-On

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

• Positive Sentiment: Snap-on beat Q2 earnings expectations, reporting $4.96 per share versus estimates of about $4.95, and revenue of $1.24 billion, ahead of consensus. Organic sales rose 3%, helped by acquisitions and currency tailwinds. Article: Snap-on Q2 Earnings & Revenues Beat Estimates, Organic Sales Rise 3%
• Positive Sentiment: Roth Capital reaffirmed its Buy rating on Snap-on and set a $431 price target, implying additional upside from current levels. Article: Roth Capital rating update via Benzinga
• Neutral Sentiment: Investor attention is centered on the earnings call transcript and management commentary for clues about demand trends, margins, and the outlook for the second half of the year. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Despite the earnings beat, some reports noted that sales were below the highest analyst expectations, suggesting the market may be reacting more to revenue quality than to the EPS beat. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

Snap-On Company Profile

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.