Barrington Research Forecasts Increased Earnings for Snap-On

Key Points

• Barrington Research has increased its FY2025 earnings per share estimate for Snap-On from $18.66 to $19.22, while maintaining an "Outperform" rating and a price target of $350.00.
• Snap-On reported Q3 earnings of $4.71 EPS, exceeding analysts' expectations of $4.59 EPS, with a revenue increase to $1.19 billion.
• Insider trading has shown significant activity, with CFO Aldo John Pagliari and CEO Nicholas T. Pinchuk selling shares in August, reflecting decreased ownership in the company.

Snap-On Incorporated (NYSE:SNA - Free Report) - Research analysts at Barrington Research boosted their FY2025 earnings per share estimates for Snap-On in a research note issued to investors on Monday, October 20th. Barrington Research analyst G. Prestopino now expects that the company will post earnings per share of $19.22 for the year, up from their previous estimate of $18.66. Barrington Research has a "Outperform" rating and a $350.00 price objective on the stock. The consensus estimate for Snap-On's current full-year earnings is $19.79 per share. Barrington Research also issued estimates for Snap-On's Q4 2025 earnings at $4.97 EPS, Q1 2026 earnings at $4.81 EPS, Q3 2026 earnings at $5.30 EPS and FY2026 earnings at $20.41 EPS.

Other equities analysts have also issued research reports about the stock. Bank of America boosted their price objective on shares of Snap-On from $265.00 to $285.00 and gave the company an "underperform" rating in a research report on Friday, July 18th. Robert W. Baird boosted their price target on Snap-On from $355.00 to $365.00 and gave the company a "neutral" rating in a report on Friday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Snap-On in a research report on Wednesday, October 8th. Tigress Financial upped their target price on Snap-On from $390.00 to $395.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Finally, Roth Capital reiterated a "buy" rating and set a $385.00 target price on shares of Snap-On in a research report on Friday. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Snap-On presently has an average rating of "Moderate Buy" and an average price target of $363.57.

Snap-On Trading Up 0.3%

Shares of SNA stock opened at $340.76 on Tuesday. The company has a market capitalization of $17.78 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 2.36 and a beta of 0.78. The company has a current ratio of 4.40, a quick ratio of 3.37 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $333.16 and a 200 day moving average price of $323.86. Snap-On has a twelve month low of $289.81 and a twelve month high of $373.89.

Snap-On (NYSE:SNA - Get Free Report) last posted its quarterly earnings data on Thursday, October 16th. The company reported $4.71 EPS for the quarter, beating analysts' consensus estimates of $4.59 by $0.12. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.16 billion. Snap-On had a return on equity of 17.71% and a net margin of 21.08%.The business's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.70 earnings per share.

Institutional Trading of Snap-On

Large investors have recently modified their holdings of the business. BankPlus Trust Department lifted its stake in shares of Snap-On by 5.9% in the third quarter. BankPlus Trust Department now owns 541 shares of the company's stock worth $187,000 after acquiring an additional 30 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its holdings in Snap-On by 0.7% during the 1st quarter. Forvis Mazars Wealth Advisors LLC now owns 4,607 shares of the company's stock worth $1,553,000 after purchasing an additional 32 shares during the last quarter. Horizon Investments LLC raised its position in shares of Snap-On by 4.3% in the 1st quarter. Horizon Investments LLC now owns 775 shares of the company's stock valued at $261,000 after purchasing an additional 32 shares in the last quarter. Penserra Capital Management LLC boosted its stake in shares of Snap-On by 13.5% during the 2nd quarter. Penserra Capital Management LLC now owns 278 shares of the company's stock valued at $86,000 after buying an additional 33 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its position in shares of Snap-On by 5.2% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 694 shares of the company's stock worth $234,000 after buying an additional 34 shares in the last quarter. 84.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Aldo John Pagliari sold 4,731 shares of the company's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $327.38, for a total value of $1,548,834.78. Following the completion of the transaction, the chief financial officer directly owned 111,667 shares in the company, valued at approximately $36,557,542.46. This represents a 4.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Nicholas T. Pinchuk sold 23,042 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $320.88, for a total transaction of $7,393,716.96. Following the sale, the chief executive officer directly owned 815,219 shares of the company's stock, valued at approximately $261,587,472.72. The trade was a 2.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,898 shares of company stock valued at $8,983,203. 3.90% of the stock is owned by company insiders.

Snap-On Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Tuesday, August 19th were given a dividend of $2.14 per share. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $8.56 annualized dividend and a yield of 2.5%. Snap-On's payout ratio is 44.89%.

About Snap-On

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.

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