Barrington Research Reduces Earnings Estimates for Snap-on

Snap-on Incorporated (NYSE:SNA) – Investment analysts at Barrington Research lowered their Q1 2025 earnings per share estimates for shares of Snap-on in a research report issued on Monday, February 10th. Barrington Research analyst G. Prestopino now expects that the company will post earnings per share of $4.73 for the quarter, down from their previous estimate of $4.96. Barrington Research currently has a “Outperform” rating and a $350.00 price target on the stock. The consensus estimate for Snap-on’s current full-year earnings is $20.07 per share. Barrington Research also issued estimates for Snap-on’s 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.

SNA has been the topic of several other research reports. Tigress Financial lifted their target price on Snap-on from $336.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Bank of America lifted their target price on Snap-on from $255.00 to $280.00 and gave the company an “underperform” rating in a research note on Friday, October 18th. Robert W. Baird lifted their target price on Snap-on from $290.00 to $347.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Roth Mkm lifted their target price on Snap-on from $324.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Snap-on currently has an average rating of “Hold” and an average price target of $345.40.

Snap-on Stock Up 1.4 %

Shares of Snap-on stock opened at $339.73 on Wednesday. The business’s fifty day moving average price is $345.73 and its two-hundred day moving average price is $320.72. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.15 and a quick ratio of 3.14. The company has a market capitalization of $17.84 billion, a P/E ratio of 17.42, a PEG ratio of 2.13 and a beta of 0.99. Snap-on has a 1-year low of $252.98 and a 1-year high of $373.89.

Snap-on (NYSE:SNA) last announced its quarterly earnings results on Thursday, February 6th. The company reported $4.82 earnings per share (EPS) 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 EPS.

Snap-on Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 24th will be paid a $2.14 dividend. This represents a $8.56 dividend on an annualized basis and a dividend yield of 2.52%. Snap-on’s dividend payout ratio is presently 43.90%.

Insider Transactions at Snap-on

In other news, CEO Nicholas T. Pinchuk sold 21,783 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $354.83, for a total value of $7,729,261.89. Following the sale, the chief executive officer now owns 769,738 shares of the company’s stock, valued at approximately $273,126,134.54. The trade was a 2.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jesus Arregui sold 6,451 shares of Snap-on stock in a transaction on Monday, February 10th. The stock was sold at an average price of $337.81, for a total value of $2,179,212.31. Following the completion of the transaction, the senior vice president now owns 257 shares in the company, valued at $86,817.17. The trade was a 96.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,643 shares of company stock valued at $13,580,191. Corporate insiders own 4.10% of the company’s stock.

Hedge Funds Weigh In On Snap-on

Hedge funds have recently modified their holdings of the stock. UMB Bank n.a. grew its holdings in shares of Snap-on by 70.5% in the 4th quarter. UMB Bank n.a. now owns 75 shares of the company’s stock worth $25,000 after acquiring an additional 31 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Snap-on in the 4th quarter worth $26,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Snap-on in the 4th quarter worth $28,000. Reston Wealth Management LLC acquired a new position in shares of Snap-on in the 3rd quarter worth $30,000. Finally, CoreFirst Bank & Trust acquired a new position in shares of Snap-on in the 4th quarter worth $40,000. 84.88% of the stock is currently owned by institutional investors and hedge funds.

About Snap-on

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.