Snap-on’s (SNA) “Outperform” Rating Reiterated at Barrington Research

Barrington Research restated their outperform rating on shares of Snap-on (NYSE:SNA) in a report issued on Monday,Benzinga reports. The brokerage currently has a $350.00 price target on the stock. Barrington Research also issued estimates for Snap-on’s Q1 2025 earnings at $4.73 EPS, Q2 2025 earnings at $4.96 EPS, Q3 2025 earnings at $4.90 EPS, Q4 2025 earnings at $5.01 EPS, FY2025 earnings at $19.59 EPS, Q1 2026 earnings at $5.21 EPS, Q2 2026 earnings at $5.51 EPS, Q3 2026 earnings at $5.27 EPS, Q4 2026 earnings at $5.33 EPS and FY2026 earnings at $21.32 EPS.

Several other research firms also recently commented on SNA. Tigress Financial raised their price objective on Snap-on from $336.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Roth Mkm increased their price target on shares of Snap-on from $324.00 to $365.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Bank of America lifted their price target on Snap-on from $255.00 to $280.00 and gave the company an “underperform” rating in a research report on Friday, October 18th. Finally, Robert W. Baird lifted their target price on shares of Snap-on from $290.00 to $347.00 and gave the company a “neutral” rating in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Snap-on has an average rating of “Hold” and a consensus target price of $345.40.

Snap-on Stock Performance

Shares of SNA opened at $334.54 on Monday. The business’s fifty day simple moving average is $346.16 and its two-hundred day simple moving average is $320.59. Snap-on has a 12 month low of $252.98 and a 12 month high of $373.89. The company has a market cap of $17.57 billion, a price-to-earnings ratio of 17.16, a P/E/G ratio of 2.13 and a beta of 0.99. The company has a current ratio of 4.15, a quick ratio of 3.14 and a debt-to-equity ratio of 0.22.

Snap-on (NYSE:SNA) last posted its quarterly earnings results on Thursday, February 6th. The company reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.78 by $0.04. Snap-on had a return on equity of 19.20% and a net margin of 21.71%. During the same period in the prior year, the business posted $4.75 earnings per share. Research analysts anticipate that Snap-on will post 20.07 earnings per share for the current fiscal year.

Insider Buying and Selling at Snap-on

In other Snap-on news, CEO Nicholas T. Pinchuk sold 21,783 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $354.83, for a total transaction of $7,729,261.89. Following the sale, the chief executive officer now directly owns 769,738 shares in the company, valued at $273,126,134.54. This represents a 2.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP June C. Lemerand sold 3,500 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $362.86, for a total transaction of $1,270,010.00. Following the completion of the transaction, the vice president now owns 2,289 shares of the company’s stock, valued at approximately $830,586.54. This trade represents a 60.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,643 shares of company stock worth $13,580,191 in the last three months. 4.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Snap-on

A number of hedge funds have recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in Snap-on by 70.5% during the 4th quarter. UMB Bank n.a. now owns 75 shares of the company’s stock worth $25,000 after buying an additional 31 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Snap-on during the 4th quarter worth approximately $26,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Snap-on in the 4th quarter valued at $28,000. Reston Wealth Management LLC acquired a new stake in Snap-on during the 3rd quarter worth $30,000. Finally, Brooklyn Investment Group purchased a new position in shares of Snap-on during the third quarter worth about $39,000. Institutional investors and hedge funds own 84.88% of the company’s stock.

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.