Snap-On Incorporated (NYSE:SNA - Free Report) - Analysts at Barrington Research dropped their Q1 2026 earnings per share estimates for shares of Snap-On in a research note issued to investors on Monday, July 21st. Barrington Research analyst G. Prestopino now anticipates that the company will post earnings of $4.88 per share for the quarter, down from their previous estimate of $4.90. Barrington Research currently has a "Outperform" rating and a $350.00 target price on the stock. The consensus estimate for Snap-On's current full-year earnings is $19.79 per share.
Snap-On (NYSE:SNA - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported $4.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.61 by $0.11. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.16 billion. Snap-On had a return on equity of 18.02% and a net margin of 20.98%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $5.07 EPS.
Other analysts also recently issued reports about the company. Longbow Research upgraded Snap-On from a "neutral" rating to a "buy" rating and set a $400.00 price target for the company in a research note on Monday, March 31st. Bank of America boosted their price target on Snap-On from $265.00 to $285.00 and gave the company an "underperform" rating in a research note on Friday, July 18th. Wall Street Zen upgraded Snap-On from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. Finally, Robert W. Baird set a $347.00 price objective on Snap-On and gave the company a "neutral" rating in a report on Friday, July 18th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $356.17.
Read Our Latest Stock Report on SNA
Snap-On Stock Performance
SNA traded down $1.74 during trading on Tuesday, hitting $328.59. The stock had a trading volume of 75,289 shares, compared to its average volume of 396,058. The company has a 50 day moving average price of $319.16 and a 200-day moving average price of $327.66. The firm has a market cap of $17.14 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 2.30 and a beta of 0.76. Snap-On has a one year low of $266.56 and a one year high of $373.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.48 and a quick ratio of 3.42.
Insider Activity
In related news, CEO Nicholas T. Pinchuk sold 23,172 shares of the company's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $315.85, for a total transaction of $7,318,876.20. Following the completion of the sale, the chief executive officer directly owned 804,510 shares in the company, valued at $254,104,483.50. This represents a 2.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Aldo John Pagliari sold 5,553 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $326.84, for a total value of $1,814,942.52. Following the sale, the chief financial officer owned 109,560 shares of the company's stock, valued at approximately $35,808,590.40. This represents a 4.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 29,815 shares of company stock worth $9,482,532. 3.90% of the stock is currently owned by company insiders.
Institutional Trading of Snap-On
Institutional investors and hedge funds have recently modified their holdings of the business. Alpine Bank Wealth Management bought a new stake in shares of Snap-On during the 1st quarter worth $25,000. Ameritas Advisory Services LLC bought a new stake in shares of Snap-On during the 2nd quarter worth $30,000. Golden State Wealth Management LLC lifted its position in shares of Snap-On by 421.1% during the 1st quarter. Golden State Wealth Management LLC now owns 99 shares of the company's stock worth $33,000 after buying an additional 80 shares during the last quarter. Ransom Advisory Ltd acquired a new position in Snap-On in the 1st quarter worth about $34,000. Finally, Cullen Frost Bankers Inc. increased its holdings in Snap-On by 248.3% in the 1st quarter. Cullen Frost Bankers Inc. now owns 101 shares of the company's stock worth $34,000 after purchasing an additional 72 shares in the last quarter. 84.88% of the stock is currently owned by institutional investors.
About Snap-On
(
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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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