Snap-on Incorporated (NYSE:SNA – Free Report) – Equities research analysts at Roth Capital cut their Q1 2025 EPS estimates for shares of Snap-on in a note issued to investors on Tuesday, October 22nd. Roth Capital analyst S. Stember now forecasts that the company will earn $4.93 per share for the quarter, down from their previous estimate of $5.13. The consensus estimate for Snap-on’s current full-year earnings is $19.04 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.
A number of other research analysts also recently weighed in on the company. Roth Mkm upped their target price on Snap-on from $324.00 to $365.00 and gave the stock a “buy” rating in a report on Tuesday. Robert W. Baird increased their price objective on Snap-on from $290.00 to $347.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Barrington Research boosted their target price on shares of Snap-on from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Bank of America increased their price target on shares of Snap-on from $255.00 to $280.00 and gave the stock an “underperform” rating in a research note on Friday, October 18th. Finally, Tigress Financial reissued a “buy” rating and set a $336.00 price objective on shares of Snap-on in a research note on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $335.60.
Snap-on Price Performance
Shares of NYSE SNA opened at $325.56 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.18 and a quick ratio of 3.14. Snap-on has a 1 year low of $249.84 and a 1 year high of $330.51. The company’s 50-day moving average is $288.39 and its 200 day moving average is $277.68. The stock has a market capitalization of $17.10 billion, a P/E ratio of 16.76, a P/E/G ratio of 2.14 and a beta of 0.98.
Snap-on announced that its board has approved a stock repurchase program on Thursday, August 8th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 3.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
Snap-on Dividend Announcement
The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, August 19th. This represents a $7.44 dividend on an annualized basis and a yield of 2.29%. Snap-on’s dividend payout ratio is currently 38.29%.
Insiders Place Their Bets
In other news, CEO Nicholas T. Pinchuk sold 24,145 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $268.95, for a total transaction of $6,493,797.75. Following the sale, the chief executive officer now owns 759,019 shares in the company, valued at $204,138,160.05. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Nicholas T. Pinchuk sold 24,145 shares of the company’s stock in a transaction on 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 $204,138,160.05. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Aldo John Pagliari sold 4,473 shares of Snap-on stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $278.74, for a total value of $1,246,804.02. Following the completion of the sale, the chief financial officer now owns 99,244 shares of the company’s stock, valued at $27,663,272.56. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,598 shares of company stock valued at $10,461,986. Insiders own 4.10% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue grew its stake in shares of Snap-on by 19.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 15,589 shares of the company’s stock valued at $4,515,000 after purchasing an additional 2,485 shares during the period. Mcrae Capital Management Inc. grew its position in Snap-on by 1.7% during the third quarter. Mcrae Capital Management Inc. now owns 51,368 shares of the company’s stock valued at $14,882,000 after buying an additional 850 shares during the period. Hamlin Capital Management LLC increased its holdings in Snap-on by 10.9% during the third quarter. Hamlin Capital Management LLC now owns 499,406 shares of the company’s stock valued at $144,683,000 after buying an additional 49,082 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in Snap-on by 0.4% in the third quarter. DekaBank Deutsche Girozentrale now owns 415,921 shares of the company’s stock worth $119,368,000 after acquiring an additional 1,455 shares during the period. Finally, GHP Investment Advisors Inc. boosted its stake in shares of Snap-on by 0.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 27,287 shares of the company’s stock worth $7,905,000 after acquiring an additional 81 shares during the last quarter. Institutional investors 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.
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