Zacks Research Has Negative Outlook of Snap-On Q3 Earnings

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for Snap-On from $4.60 to $4.56, reflecting a negative outlook.
• In its latest quarterly earnings report, Snap-On beat analysts' expectations with an EPS of $4.72, although this was lower than $5.07 reported in the same period last year.
• A mix of analysts have issued a consensus rating of "Moderate Buy" for Snap-On, with an average price target of $356.17.

Snap-On Incorporated (NYSE:SNA - Free Report) - Research analysts at Zacks Research lowered their Q3 2025 earnings per share (EPS) estimates for Snap-On in a research note issued to investors on Friday, August 1st. Zacks Research analyst R. Department now expects that the company will earn $4.56 per share for the quarter, down from their prior forecast of $4.60. The consensus estimate for Snap-On's current full-year earnings is $19.79 per share. Zacks Research also issued estimates for Snap-On's Q1 2026 earnings at $4.81 EPS and Q4 2026 earnings at $5.11 EPS.

Snap-On (NYSE:SNA - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The company reported $4.72 EPS for the quarter, beating analysts' consensus estimates of $4.61 by $0.11. Snap-On had a return on equity of 18.02% and a net margin of 20.98%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the company earned $5.07 earnings per share. The firm's revenue was up .0% on a year-over-year basis.

Other equities research analysts also recently issued reports about the company. Barrington Research restated an "outperform" rating and set a $350.00 price objective on shares of Snap-On in a research report on Tuesday, July 15th. Robert W. Baird upped their price objective on Snap-On from $329.00 to $347.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. Bank of America upped their price objective on Snap-On from $265.00 to $285.00 and gave the company an "underperform" rating in a research report on Friday, July 18th. Finally, Wall Street Zen upgraded Snap-On from a "hold" rating to a "buy" rating in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $356.17.

Snap-On Price Performance

Shares of Snap-On stock opened at $317.56 on Monday. The stock has a 50 day moving average of $318.96 and a 200 day moving average of $326.87. Snap-On has a 12 month low of $266.56 and a 12 month high of $373.89. The firm has a market cap of $16.56 billion, a PE ratio of 16.94, a PEG ratio of 2.21 and a beta of 0.76. The company has a current ratio of 4.48, a quick ratio of 3.42 and a debt-to-equity ratio of 0.21.

Hedge Funds Weigh In On Snap-On

A number of institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of Snap-On by 5.5% in the 4th quarter. Wellington Management Group LLP now owns 17,220 shares of the company's stock valued at $5,846,000 after purchasing an additional 901 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Snap-On by 6.5% in the 4th quarter. Alliancebernstein L.P. now owns 80,250 shares of the company's stock valued at $27,243,000 after purchasing an additional 4,919 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Snap-On by 16.5% in the 4th quarter. Franklin Resources Inc. now owns 101,375 shares of the company's stock valued at $34,415,000 after purchasing an additional 14,349 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new position in shares of Snap-On in the 4th quarter valued at about $6,044,000. Finally, Grantham Mayo Van Otterloo & Co. LLC purchased a new position in shares of Snap-On in the 4th quarter valued at about $1,217,000. Hedge funds and other institutional investors own 84.88% of the company's stock.

Insider Transactions at Snap-On

In related news, Director Karen L. Daniel sold 1,090 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $319.92, for a total value of $348,712.80. Following the completion of the transaction, the director owned 8,030 shares in the company, valued at $2,568,957.60. This trade represents a 11.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Nicholas T. Pinchuk sold 23,172 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $315.85, for a total value of $7,318,876.20. Following the completion of the transaction, the chief executive officer owned 804,510 shares of the company's stock, valued at $254,104,483.50. This trade represents a 2.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,815 shares of company stock valued at $9,482,532 in the last quarter. 3.90% of the stock is currently owned by corporate insiders.

Snap-On Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.