Insider Selling: Snap-On (NYSE:SNA) VP Sells $320,000.00 in Stock

Snap-On Incorporated (NYSE:SNA) VP Marty Ozolins sold 800 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $400.00, for a total value of $320,000.00. Following the sale, the vice president directly owned 1,526 shares in the company, valued at approximately $610,400. This trade represents a 34.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Snap-On Stock Down 1.0%

SNA stock opened at $391.93 on Friday. Snap-On Incorporated has a 52 week low of $319.20 and a 52 week high of $423.02. The business has a 50-day simple moving average of $404.14 and a 200 day simple moving average of $385.27. The company has a quick ratio of 2.64, a current ratio of 3.43 and a debt-to-equity ratio of 0.15. The company has a market cap of $20.27 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 2.76 and a beta of 0.73.

Snap-On (NYSE:SNA) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.95 by $0.01. Snap-On had a net margin of 21.25% and a return on equity of 17.07%. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company posted $4.72 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Sell-side analysts anticipate that Snap-On Incorporated will post 19.7 EPS for the current fiscal year.

Snap-On Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be given a dividend of $2.44 per share. The ex-dividend date is Wednesday, August 19th. This represents a $9.76 annualized dividend and a dividend yield of 2.5%. Snap-On’s dividend payout ratio (DPR) is currently 49.77%.

Institutional Investors Weigh In On Snap-On

Several hedge funds have recently modified their holdings of SNA. Annis Gardner Whiting Capital Advisors LLC lifted its position in Snap-On by 36.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after acquiring an additional 28 shares in the last quarter. Verition Fund Management LLC boosted its stake in Snap-On by 1.5% during the 4th quarter. Verition Fund Management LLC now owns 1,844 shares of the company’s stock valued at $635,000 after purchasing an additional 28 shares during the last quarter. Ritholtz Wealth Management increased its holdings in shares of Snap-On by 2.4% in the 1st quarter. Ritholtz Wealth Management now owns 1,435 shares of the company’s stock worth $521,000 after purchasing an additional 34 shares in the last quarter. Oakworth Capital Inc. increased its holdings in shares of Snap-On by 9.7% in the 4th quarter. Oakworth Capital Inc. now owns 406 shares of the company’s stock worth $140,000 after purchasing an additional 36 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its stake in shares of Snap-On by 5.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 758 shares of the company’s stock worth $261,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 84.88% of the company’s stock.

More Snap-On News

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

• Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile
• Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile
• Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250
• Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a research report on Friday, July 17th. Robert W. Baird set a $415.00 price target on Snap-On in a research note on Friday, July 24th. Roth Capital reissued a “buy” rating and set a $461.00 price target (up from $409.00) on shares of Snap-On in a report on Friday, July 24th. Barclays initiated coverage on Snap-On in a research report on Thursday, May 28th. They set an “overweight” rating and a $420.00 price objective for the company. Finally, Tigress Financial lifted their target price on Snap-On from $445.00 to $485.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Snap-On presently has a consensus rating of “Moderate Buy” and a consensus price target of $426.20.

About Snap-On

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.