Research Analysts Offer Predictions for Snap-on Q1 Earnings

Snap-on Incorporated (NYSE:SNA) – Equities research analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for Snap-on in a report issued on Tuesday, October 22nd. Roth Capital analyst S. Stember now forecasts that the company will post earnings of $4.93 per share for the quarter, down from their prior forecast of $5.13. The consensus estimate for Snap-on’s current full-year earnings is $18.95 per share. Roth Capital also issued estimates for Snap-on’s Q2 2025 earnings at $5.29 EPS and Q4 2025 earnings at $5.20 EPS.

Several other brokerages have also issued reports on SNA. Barrington Research lifted their target price on shares of Snap-on from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Tigress Financial reissued a “buy” rating and issued a $336.00 price objective on shares of Snap-on in a research note on Thursday, July 25th. Robert W. Baird increased their target price on shares of Snap-on from $290.00 to $347.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Bank of America boosted their price target on shares of Snap-on from $255.00 to $280.00 and gave the stock an “underperform” rating in a research report on Friday, October 18th. Finally, Roth Mkm increased their price objective on shares of Snap-on from $324.00 to $365.00 and gave the company a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $335.60.

Snap-on Price Performance

Snap-on stock opened at $323.31 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.05 and a current ratio of 4.18. The company’s fifty day moving average price is $286.36 and its 200 day moving average price is $277.01. The stock has a market capitalization of $17.03 billion, a P/E ratio of 16.64, a P/E/G ratio of 2.26 and a beta of 0.98. Snap-on has a 1 year low of $249.84 and a 1 year high of $330.51.

Snap-on Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 19th were paid a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Monday, August 19th. Snap-on’s dividend payout ratio (DPR) is presently 38.29%.

Snap-on announced that its Board of Directors has authorized a stock repurchase program on Thursday, August 8th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 3.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Snap-on

In related news, VP Richard Thomas Miller sold 1,750 shares of the company’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $330.00, for a total value of $577,500.00. Following the transaction, the vice president now directly owns 3,218 shares in the company, valued at approximately $1,061,940. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP Richard Thomas Miller sold 1,750 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $330.00, for a total value of $577,500.00. Following the sale, the vice president now directly owns 3,218 shares in the company, valued at approximately $1,061,940. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicholas T. Pinchuk sold 24,145 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $268.95, for a total transaction of $6,493,797.75. Following the transaction, the chief executive officer now directly owns 759,019 shares of the company’s stock, valued at approximately $204,138,160.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 37,598 shares of company stock worth $10,461,986 in the last ninety days. 4.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in shares of Snap-on in the 2nd quarter valued at $30,000. Innealta Capital LLC purchased a new stake in Snap-on during the second quarter worth about $32,000. Massmutual Trust Co. FSB ADV increased its stake in Snap-on by 53.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 127 shares of the company’s stock worth $37,000 after purchasing an additional 44 shares during the period. Quarry LP lifted its position in shares of Snap-on by 244.7% during the second quarter. Quarry LP now owns 162 shares of the company’s stock worth $42,000 after purchasing an additional 115 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Snap-on in the first quarter valued at approximately $56,000. 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.