Equities Analysts Issue Forecasts for Snap-On Q2 Earnings

Key Points

• Barrington Research has revised its Q2 2026 earnings per share (EPS) estimate for Snap-On Incorporated from $5.11 to $5.03, while maintaining an "Outperform" rating and a price target of $350.00.
• Snap-On surpassed analysts' expectations in its recent quarterly report, posting earnings of $4.71 per share on a revenue of $1.19 billion, resulting in a year-over-year revenue increase of 3.8%.
• Insider trading reflects significant activity, with the CFO and CEO both selling shares recently, indicating a decrease in insider ownership related to the sales made this August.

Snap-On Incorporated (NYSE:SNA - Free Report) - Research analysts at Barrington Research cut their Q2 2026 earnings per share (EPS) estimates for shares of Snap-On in a research report issued to clients and investors on Monday, October 20th. Barrington Research analyst G. Prestopino now anticipates that the company will post earnings per share of $5.03 for the quarter, down from their prior estimate of $5.11. Barrington Research has a "Outperform" rating and a $350.00 price target 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 2026 earnings at $5.27 EPS.

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

Other equities research analysts have also issued reports about the company. Wall Street Zen upgraded Snap-On from a "hold" rating to a "buy" rating in a research report on Saturday. Bank of America raised their price objective on Snap-On from $265.00 to $285.00 and gave the stock an "underperform" rating in a research report on Friday, July 18th. Tigress Financial lifted their price target on Snap-On from $395.00 to $405.00 and gave the company a "buy" rating in a report on Tuesday. Weiss Ratings reiterated a "buy (b)" rating on shares of Snap-On in a report on Wednesday, October 8th. Finally, Robert W. Baird lifted their price target on Snap-On from $355.00 to $365.00 and gave the company a "neutral" rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell 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 $365.00.

Snap-On Trading Up 1.4%

Shares of SNA opened at $345.64 on Wednesday. The business's 50-day moving average price is $333.56 and its 200 day moving average price is $324.01. The stock has a market capitalization of $17.98 billion, a P/E ratio of 18.12, a P/E/G ratio of 2.34 and a beta of 0.78. Snap-On has a 1-year low of $289.81 and a 1-year high of $373.89. The company has a current ratio of 4.40, a quick ratio of 3.37 and a debt-to-equity ratio of 0.20.

Snap-On Dividend Announcement

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

Insider Buying and Selling

In related news, CFO Aldo John Pagliari sold 4,731 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $327.38, for a total value of $1,548,834.78. Following the transaction, the chief financial officer directly owned 111,667 shares of the company's stock, valued at approximately $36,557,542.46. This trade represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicholas T. Pinchuk sold 23,042 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $320.88, for a total value of $7,393,716.96. Following the completion of the transaction, the chief executive officer directly owned 815,219 shares in the company, valued at $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. Insiders sold a total of 27,898 shares of company stock worth $8,983,203 over the last three months. 3.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SNA. Kingstone Capital Partners Texas LLC bought a new position in shares of Snap-On in the 2nd quarter valued at approximately $434,938,000. Auto Owners Insurance Co increased its position in Snap-On by 35,967.2% in the 1st quarter. Auto Owners Insurance Co now owns 1,073,000 shares of the company's stock worth $361,612,000 after buying an additional 1,070,025 shares during the period. First Trust Advisors LP increased its position in Snap-On by 40.7% in the 2nd quarter. First Trust Advisors LP now owns 1,892,708 shares of the company's stock worth $588,973,000 after buying an additional 547,527 shares during the period. Norges Bank bought a new position in Snap-On in the 2nd quarter worth approximately $168,010,000. Finally, Ameriprise Financial Inc. increased its position in Snap-On by 54.3% in the 1st quarter. Ameriprise Financial Inc. now owns 681,857 shares of the company's stock worth $229,793,000 after buying an additional 239,908 shares during the period. 84.88% of the stock is owned by institutional investors.

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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