2,126 Shares in Snap-On Incorporated $SNA Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC purchased a new position in shares of Snap-On Incorporated (NYSE:SNA) in the second quarter, Holdings Channel reports. The fund purchased 2,126 shares of the company’s stock, valued at approximately $856,000.

Several other institutional investors and hedge funds have also bought and sold shares of SNA. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Snap-On by 36.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after acquiring an additional 28 shares during the last quarter. Verition Fund Management LLC increased its stake in shares of Snap-On by 1.5% in the fourth quarter. Verition Fund Management LLC now owns 1,844 shares of the company’s stock worth $635,000 after acquiring an additional 28 shares during the period. Ritholtz Wealth Management raised its holdings in shares of Snap-On by 2.4% during the first quarter. Ritholtz Wealth Management now owns 1,435 shares of the company’s stock worth $521,000 after purchasing an additional 34 shares during the last quarter. Pinnacle Associates Ltd. raised its holdings in shares of Snap-On by 5.4% during the fourth quarter. Pinnacle Associates Ltd. now owns 758 shares of the company’s stock worth $261,000 after purchasing an additional 39 shares during the last quarter. Finally, CX Institutional lifted its position in Snap-On by 10.6% during the second quarter. CX Institutional now owns 447 shares of the company’s stock valued at $180,000 after purchasing an additional 43 shares during the period. 84.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Snap-On

In other Snap-On news, SVP Jesus Arregui sold 4,251 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $383.92, for a total transaction of $1,632,043.92. Following the transaction, the senior vice president directly owned 4,439 shares of the company’s stock, valued at $1,704,220.88. This trade represents a 48.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Timothy L. Chambers sold 9,111 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $419.36, for a total transaction of $3,820,788.96. Following the transaction, the senior vice president directly owned 21,223 shares in the company, valued at approximately $8,900,077.28. The trade was a 30.04% 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 a total of 46,728 shares of company stock valued at $18,803,009 in the last three months. Company insiders own 3.80% of the company’s stock.

Key Snap-On News

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

• Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile
• Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile
• Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250
• Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock

Snap-On Stock Up 0.0%

Shares of SNA opened at $391.93 on Monday. The firm has a market cap of $20.27 billion, a P/E ratio of 19.99, a PEG ratio of 2.76 and a beta of 0.73. Snap-On Incorporated has a 12 month low of $319.20 and a 12 month high of $423.02. The stock’s 50 day moving average is $404.14 and its two-hundred day moving average is $385.40. The company has a current ratio of 3.43, a quick ratio of 2.64 and a debt-to-equity ratio of 0.15.

Snap-On (NYSE:SNA) last announced its earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, topping the consensus estimate of $4.95 by $0.01. Snap-On had a return on equity of 17.07% and a net margin of 21.25%.The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company posted $4.72 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. Analysts predict that Snap-On Incorporated will post 19.7 earnings per share for the current fiscal year.

Snap-On Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $2.44 dividend. This represents a $9.76 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s payout ratio is presently 49.77%.

Analyst Ratings Changes

Several equities research analysts have commented on SNA shares. Roth Capital reaffirmed a “buy” rating and issued a $461.00 price target (up from $409.00) on shares of Snap-On in a report on Friday, July 24th. Tigress Financial lifted their price objective on Snap-On from $445.00 to $485.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Robert W. Baird set a $415.00 target price on Snap-On in a research note on Friday, July 24th. Finally, Barclays initiated coverage on Snap-On in a report on Thursday, May 28th. They set an “overweight” rating and a $420.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Snap-On has an average rating of “Moderate Buy” and an average target price of $426.20.

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.