Benjamin Edwards Inc. Cuts Position in Snap-On Incorporated $SNA

Key Points

• Benjamin Edwards Inc. trimmed its stake in Snap‑On by 4.1% in Q4 to 175,916 shares (about 0.34% of the company), selling 7,573 shares and leaving Snap‑On as its 27th largest holding valued at ~$60.6M.
• Snap‑On's board authorized a $500 million share buyback (≈2.6% of shares) and declared a quarterly dividend of $2.44 per share (annualized $9.76, yield ~2.6%), signaling capital-return emphasis to shareholders.
• The latest quarter showed revenue up 5.8% year‑over‑year but EPS slightly missed ($4.69 vs. $4.75), while analyst coverage averages a "Moderate Buy" with a consensus price target of $381.20.

Benjamin Edwards Inc. trimmed its position in shares of Snap-On Incorporated (NYSE:SNA - Free Report) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,916 shares of the company's stock after selling 7,573 shares during the period. Snap-On comprises about 0.7% of Benjamin Edwards Inc.'s portfolio, making the stock its 27th biggest position. Benjamin Edwards Inc. owned 0.34% of Snap-On worth $60,640,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SNA. Generali Asset Management SPA SGR acquired a new position in Snap-On during the 3rd quarter worth approximately $2,068,000. DNB Asset Management AS boosted its position in Snap-On by 65.5% during the 3rd quarter. DNB Asset Management AS now owns 23,702 shares of the company's stock worth $8,213,000 after acquiring an additional 9,377 shares during the last quarter. Pensionfund Sabic acquired a new position in Snap-On during the 4th quarter worth approximately $1,206,000. Bahl & Gaynor Inc. boosted its position in Snap-On by 1.3% during the 3rd quarter. Bahl & Gaynor Inc. now owns 381,283 shares of the company's stock worth $132,126,000 after acquiring an additional 4,932 shares during the last quarter. Finally, First Horizon Corp acquired a new position in Snap-On during the 4th quarter worth approximately $4,068,000. 84.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SNA has been the subject of several recent analyst reports. Robert W. Baird increased their price objective on Snap-On from $380.00 to $395.00 and gave the company a "neutral" rating in a report on Friday, April 24th. Tigress Financial increased their price objective on Snap-On from $405.00 to $445.00 and gave the company a "buy" rating in a report on Friday, February 27th. Wall Street Zen downgraded Snap-On from a "buy" rating to a "hold" rating in a report on Saturday, February 7th. Weiss Ratings reissued a "buy (b)" rating on shares of Snap-On in a report on Monday, April 20th. Finally, Roth Mkm reissued a "buy" rating and issued a $431.00 price objective on shares of Snap-On in a report on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $381.20.

Snap-On News Roundup

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

• Positive Sentiment: Board authorizes $500 million share repurchase (up to ~2.5% of shares), signaling confidence in the stock and supporting EPS/shares outstanding over time. RTT News - Stock Buybacks
• Positive Sentiment: Quarterly dividend declared: $2.44 per share (annualized yield ~2.5%), ex-dividend on May 20, payable June 10 — provides steady cash return and supports investor income expectations. Yahoo Finance - Dividend & Repurchase
• Positive Sentiment: Value-focused coverage argues SNA is trading at a discount relative to fundamentals, which could attract value investors if growth stabilizes. Seeking Alpha - Trading At An Understandable Discount
• Neutral Sentiment: Recent quarter: revenue rose year-over-year but EPS slightly missed estimates — mixed results that temper near-term enthusiasm but show ongoing demand. MarketBeat - SNA Profile & Results
• Neutral Sentiment: News items about SNAP (the federal food-assistance program) — new state restrictions, House votes, and Florida cuts — are generating headlines using the same acronym but are unrelated to Snap-On’s business and unlikely to drive SNA stock moves. PBS - SNAP Restrictions in Texas MSN - House Vote on SNAP Soda Ban Yahoo - SNAP Cuts Impact
• Negative Sentiment: Analyst note updating to a "Hold" flags valuation and margin headwinds — SNA’s current P/E is above historical ranges while growth forecasts are modest and cost pressures may compress margins. This view weighs on sentiment despite buyback/dividend actions. Seeking Alpha - Hold for 2026

Insider Buying and Selling

In related news, CFO Aldo John Pagliari sold 7,043 shares of the business's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $382.05, for a total value of $2,690,778.15. Following the completion of the transaction, the chief financial officer owned 117,183 shares of the company's stock, valued at $44,769,765.15. The trade was a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP June C. Lemerand sold 1,378 shares of the business's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $387.57, for a total value of $534,071.46. Following the completion of the transaction, the vice president directly owned 2,913 shares of the company's stock, valued at approximately $1,128,991.41. This trade represents a 32.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 39,650 shares of company stock worth $15,210,959 in the last ninety days. 3.80% of the stock is owned by company insiders.

Snap-On Stock Down 0.8%

SNA opened at $380.50 on Friday. Snap-On Incorporated has a fifty-two week low of $301.82 and a fifty-two week high of $400.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.74 and a current ratio of 3.53. The company has a market capitalization of $19.71 billion, a P/E ratio of 19.64, a P/E/G ratio of 2.69 and a beta of 0.75. The stock has a fifty day moving average of $374.37 and a 200-day moving average of $360.04.

Snap-On (NYSE:SNA - Get Free Report) last posted its earnings results 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). Snap-On had a return on equity of 17.13% and a net margin of 21.28%.The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $4.51 EPS. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. On average, equities analysts expect that Snap-On Incorporated will post 19.75 EPS for the current year.

Snap-On Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a dividend of $2.44 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.6%. Snap-On's dividend payout ratio (DPR) is currently 50.39%.

Snap-On declared that its board has approved a share buyback plan on Thursday, April 30th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

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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