Snap-On Incorporated $SNA Stock: Kestra Advisory Services LLC Boosts Stake

Kestra Advisory Services LLC grew its stake in shares of Snap-On Incorporated (NYSE:SNA) by 80.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,514 shares of the company’s stock after purchasing an additional 4,254 shares during the quarter. Kestra Advisory Services LLC’s holdings in Snap-On were worth $3,457,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its holdings in Snap-On by 9.5% during the third quarter. Commonwealth Equity Services LLC now owns 13,209 shares of the company’s stock worth $4,799,000 after buying an additional 1,142 shares during the last quarter. TFB Advisors LLC lifted its stake in Snap-On by 3.9% in the third quarter. TFB Advisors LLC now owns 886 shares of the company’s stock valued at $322,000 after acquiring an additional 33 shares during the last quarter. Provenance Wealth Advisors LLC acquired a new stake in Snap-On in the third quarter valued at $93,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Snap-On in the third quarter valued at $22,717,000. Finally, ProShare Advisors LLC grew its position in shares of Snap-On by 5.4% in the 3rd quarter. ProShare Advisors LLC now owns 8,976 shares of the company’s stock valued at $3,261,000 after acquiring an additional 463 shares during the period. Institutional investors own 84.88% of the company’s stock.

Analyst Ratings Changes

SNA has been the topic of several recent analyst reports. Robert W. Baird set a $385.00 price objective on shares of Snap-On in a research note on Friday, October 23rd. Barclays cut their target price on shares of Snap-On from $435.00 to $405.00 and set an “overweight” rating for the company in a research note on Monday, October 26th. Tigress Financial lifted their price target on Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Roth Capital reissued a “buy” rating and set a $461.00 price target (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Finally, Weiss Ratings lowered Snap-On from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $434.00.

Trending Headlines about Snap-On

Investors following SNA have been watching these headlines:

• Positive Sentiment: Zacks Research raised several forecasts, including FY2028 EPS to $22.57 from $22.13 and Q2 2028 EPS to $5.89 from $5.63. It also increased estimates for Q1 2028 and Q2 2027, signaling improved expectations in those periods. Snap-on stock information
• Negative Sentiment: Zacks cut estimates for several other periods, including FY2026 EPS to $19.13 from $19.62 and FY2027 to $19.99 from $20.45. Forecasts were also reduced for Q4 2026, Q1, Q3 and Q4 2027, and Q3 2028. These downward revisions may weigh on sentiment despite the increases to select later-period estimates. Snap-on stock information
• Negative Sentiment: CEO Nicholas Pinchuk sold 23,447 shares for about $8.76 million, reducing his direct holdings by 2.6%. The sale was made under a pre-arranged Rule 10b5-1 plan, and he retained 878,082 shares, which moderates the signal. Insider sale report

Snap-On Stock Performance

Snap-On stock traded up $0.17 during mid-day trading on Friday, hitting $368.06. 465,672 shares of the company’s stock traded hands, compared to its average volume of 475,953. The firm has a 50 day simple moving average of $367.43 and a two-hundred day simple moving average of $380.29. Snap-On Incorporated has a fifty-two week low of $320.80 and a fifty-two week high of $423.02. The stock has a market cap of $18.98 billion, a price-to-earnings ratio of 19.14, a P/E/G ratio of 2.63 and a beta of 0.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.55 and a quick ratio of 2.71.

Snap-On (NYSE:SNA) last released its quarterly earnings data on Thursday, October 22nd. The company reported $4.64 EPS for the quarter, missing analysts’ consensus estimates of $4.93 by ($0.29). Snap-On had a return on equity of 16.77% and a net margin of 20.82%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the firm earned $4.71 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. On average, research analysts expect that Snap-On Incorporated will post 19.15 EPS for the current fiscal year.

Snap-On Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be paid a dividend of $2.75 per share. The ex-dividend date is Friday, November 20th. This represents a $11.00 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from Snap-On’s previous quarterly dividend of $2.44. Snap-On’s dividend payout ratio is 50.75%.

Insider Activity

In other Snap-On news, CEO Nicholas T. Pinchuk sold 23,447 shares of the stock in a transaction dated Wednesday, November 11th. The shares were sold at an average price of $373.47, for a total value of $8,756,751.09. Following the transaction, the chief executive officer directly owned 878,082 shares of the company’s stock, valued at $327,937,284.54. This represents a 2.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Marty V. Ozolins sold 800 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $400.00, for a total transaction of $320,000.00. Following the sale, the vice president owned 1,526 shares of the company’s stock, valued at $610,400. This trade represents a 34.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 47,136 shares of company stock valued at $18,225,256 in the last ninety days. 3.80% of the stock is currently owned by insiders.

About Snap-On

Snap-on Incorporated develops, manufactures and markets tools, equipment, diagnostics and information systems for professional users. Its offerings include hand and power tools, tool storage, vehicle diagnostic equipment, shop equipment, repair information and software, and related products and services. The company serves customers in vehicle repair and other industries, including aviation, aerospace, agriculture, construction and manufacturing. Its products and services reach customers in the United States and international markets.