3,590 Shares in Snap-On Incorporated $SNA Acquired by Confluence Wealth Services Inc.

Key Points

• Confluence Wealth Services bought 3,590 shares of Snap‑On in Q4 (≈$1.237M), and institutional investors now control about 84.88% of the stock after several large fund position changes.
• Snap‑On's Q1 results featured a revenue beat ($1.21B vs. ~$1.19B est.) but an EPS miss ($4.69 vs. ~$4.75), with organic sales up and management flagging margin pressure.
• Insiders have been net sellers recently (≈39,650 shares, ~$15.21M over 90 days) while the company maintains a $2.44 quarterly dividend (annualized $9.76, ~2.5% yield).

Confluence Wealth Services Inc. acquired a new position in Snap-On Incorporated (NYSE:SNA - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,590 shares of the company's stock, valued at approximately $1,237,000.

Several other hedge funds also recently added to or reduced their stakes in SNA. Victory Capital Management Inc. grew its position in Snap-On by 346.0% in the third quarter. Victory Capital Management Inc. now owns 279,484 shares of the company's stock worth $96,850,000 after acquiring an additional 216,813 shares during the period. Rakuten Investment Management Inc. purchased a new position in Snap-On in the third quarter worth approximately $61,134,000. Ameriprise Financial Inc. increased its position in shares of Snap-On by 17.5% during the second quarter. Ameriprise Financial Inc. now owns 800,946 shares of the company's stock valued at $249,073,000 after acquiring an additional 119,089 shares during the last quarter. Treasurer of the State of North Carolina increased its position in shares of Snap-On by 117.3% during the second quarter. Treasurer of the State of North Carolina now owns 140,601 shares of the company's stock valued at $43,752,000 after acquiring an additional 75,900 shares during the last quarter. Finally, Artisan Partners Limited Partnership increased its position in shares of Snap-On by 98.3% during the third quarter. Artisan Partners Limited Partnership now owns 150,414 shares of the company's stock valued at $52,123,000 after acquiring an additional 74,568 shares during the last quarter. 84.88% of the stock is currently owned by hedge funds and other institutional investors.

Snap-On Price Performance

Shares of SNA opened at $390.93 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.79 and a quick ratio of 3.68. The stock has a market cap of $20.35 billion, a PE ratio of 20.37, a P/E/G ratio of 2.64 and a beta of 0.77. The firm has a 50-day simple moving average of $374.69 and a two-hundred day simple moving average of $358.47. Snap-On Incorporated has a 1-year low of $301.76 and a 1-year high of $400.88.

Snap-On (NYSE:SNA - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $4.69 earnings per share for the quarter, missing analysts' consensus estimates of $4.75 by ($0.06). The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Snap-On had a net margin of 21.44% and a return on equity of 17.34%. The company's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $4.51 EPS. As a group, analysts forecast that Snap-On Incorporated will post 19.86 EPS for the current year.

Snap-On Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were issued a $2.44 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.5%. Snap-On's payout ratio is 50.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SNA shares. Roth Mkm reiterated a "buy" rating and set a $409.00 price target (up from $385.00) on shares of Snap-On in a research report on Tuesday, February 10th. Robert W. Baird lifted their price target on shares of Snap-On from $375.00 to $380.00 and gave the company a "neutral" rating in a research report on Tuesday. Wall Street Zen cut shares of Snap-On from a "buy" rating to a "hold" rating in a research report on Saturday, February 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Snap-On in a research report on Monday. Finally, Tigress Financial lifted their price target on shares of Snap-On from $405.00 to $445.00 and gave the company a "buy" rating in a research report on Friday, February 27th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Snap-On currently has an average rating of "Moderate Buy" and a consensus target price of $373.80.

Key Snap-On News

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

• Positive Sentiment: Revenue and sales beat consensus, showing resilience across key segments—Snap-On reported ~ $1.21B in revenue and year-over-year sales growth, which investors view as confirmation of steady demand. Snap-on Announces First Quarter 2026 Results
• Positive Sentiment: Macro tailwind for tools: average vehicle age rose to 12.8 years, lifting demand for repair/maintenance tools—supporting durable long-term aftermarket sales. Average Vehicle Age Hits 12.8 years, Snap-On Sees Tool Demand
• Positive Sentiment: Organic sales rose (Zacks cites ~3.4% organic growth) and several outlets note top-line beats versus estimates—evidence of underlying business momentum. Snap-on Q1 Earnings & Revenues Beat Estimates, Organic Sales Rise 3.4%
• Neutral Sentiment: Management commentary and the full earnings presentation provide context on margin trends, channel inventory and regional performance—worth watching for guidance and pacing. Snap-on Incorporated (SNA) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Investor event/updates are expected (per analyst commentary), which could provide fresh guidance or catalysts—uncertain direction until details are released. Snap-On Stock Analysis: Buy Before the Huge Investor Update?
• Negative Sentiment: EPS missed consensus by ~$0.08 (reported $4.69 vs. ~$4.77 expected) and margins tightened, which is why some coverage emphasizes the earnings miss despite the revenue beat. Snap-on revenue tops estimates, but earnings miss as margins tighten
• Negative Sentiment: Company flagged macro headwinds and margin pressure on the call/press release—these factors keep some investors cautious about near-term profit expansion. Snap-On 1Q Net, Sales Rise; Company Notes Macro Headwinds

Insider Buying and Selling at Snap-On

In related news, SVP Timothy L. Chambers sold 8,000 shares of Snap-On stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $385.13, for a total value of $3,081,040.00. Following the completion of the transaction, the senior vice president owned 19,480 shares in the company, valued at approximately $7,502,332.40. The trade was a 29.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP June C. Lemerand sold 1,378 shares of Snap-On stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $387.57, for a total transaction of $534,071.46. Following the completion of the transaction, the vice president owned 2,913 shares of the company's stock, valued at $1,128,991.41. This trade represents a 32.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 39,650 shares of company stock worth $15,210,959. 3.80% of the stock is currently owned by company 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.

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