Family Manage LLC Sells 4,606 Shares of Snap-On Incorporated $SNA

Family Manage LLC trimmed its stake in Snap-On Incorporated (NYSE:SNA) by 29.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,251 shares of the company’s stock after selling 4,606 shares during the period. Family Manage LLC’s holdings in Snap-On were worth $4,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of SNA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Snap-On by 15.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,850 shares of the company’s stock worth $2,983,000 after buying an additional 1,185 shares during the last quarter. Woodline Partners LP raised its position in Snap-On by 40.4% during the first quarter. Woodline Partners LP now owns 4,426 shares of the company’s stock valued at $1,492,000 after acquiring an additional 1,273 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Snap-On by 100.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 464 shares of the company’s stock valued at $144,000 after purchasing an additional 233 shares during the period. Gamco Investors INC. ET AL raised its holdings in Snap-On by 32.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,752 shares of the company’s stock worth $545,000 after purchasing an additional 434 shares during the period. Finally, Natixis lifted its holdings in Snap-On by 136.8% during the second quarter. Natixis now owns 3,048 shares of the company’s stock valued at $948,000 after purchasing an additional 1,761 shares in the last quarter. 84.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on SNA. Robert W. Baird set a $415.00 price objective on Snap-On in a research report on Friday. Barclays initiated coverage on Snap-On in a research note on Thursday, May 28th. They set an “overweight” rating and a $420.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Finally, Roth Capital reissued a “buy” rating and set a $461.00 target price (up from $409.00) on shares of Snap-On in a research note on Friday. Five 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $418.20.

Snap-On Stock Performance

Shares of SNA opened at $404.76 on Monday. The company has a 50-day simple moving average of $389.57 and a 200-day simple moving average of $378.56. The company has a market capitalization of $20.94 billion, a PE ratio of 20.64, a P/E/G ratio of 2.85 and a beta of 0.73. The company has a quick ratio of 2.64, a current ratio of 3.43 and a debt-to-equity ratio of 0.15. Snap-On Incorporated has a 52-week low of $312.78 and a 52-week high of $419.68.

Snap-On (NYSE:SNA) last posted its earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, beating the consensus estimate of $4.95 by $0.01. Snap-On had a net margin of 21.25% and a return on equity of 17.07%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the firm posted $4.72 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities research analysts predict that Snap-On Incorporated will post 19.67 earnings per share for the current fiscal year.

Snap-On Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a dividend of $2.44 per share. This represents a $9.76 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 20th. Snap-On’s dividend payout ratio (DPR) is currently 49.77%.

Snap-On declared that its board has initiated a stock buyback program on Thursday, April 30th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 2.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Trending Headlines about Snap-On

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

• Positive Sentiment: Snap-on beat Q2 estimates, posting EPS of $4.96 versus $4.95 expected and revenue of $1.24 billion versus $1.22 billion expected, supported by 4.7% year-over-year sales growth and 3% organic sales growth. Article: Snap-On (SNA) Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management signaled disciplined capital allocation, saying it expects about $100 million of 2026 capex and is targeting a roughly 22% full-year tax rate, which investors may view as supportive of future profitability. Article: Snap-on expects $100M 2026 capex while targeting ~22% full-year tax rate
• Positive Sentiment: Roth Capital reaffirmed its buy rating and raised its price target to $431 from $409, reinforcing optimism around the stock after the earnings release. Article: Roth Capital rating update
• Neutral Sentiment: Several post-earnings writeups and the earnings call transcript recapped the quarter’s results and management commentary, but did not add materially new catalysts beyond the initial report. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Some headlines noted that sales came in below analyst estimates on one read-through of the report, suggesting the market may still be weighing whether revenue momentum is strong enough to justify further upside. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

Insider Activity at Snap-On

In other news, CEO Nicholas T. Pinchuk sold 23,396 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $375.77, for a total value of $8,791,514.92. Following the transaction, the chief executive officer directly owned 856,918 shares in the company, valued at approximately $322,004,076.86. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aldo John Pagliari sold 5,713 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $367.19, for a total value of $2,097,756.47. Following the transaction, the chief financial officer directly owned 119,488 shares of the company’s stock, valued at $43,874,798.72. This trade represents a 4.56% 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 37,117 shares of company stock valued at $14,003,922 in the last 90 days. 3.80% of the stock is currently owned by insiders.

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.