Zacks Research Has Negative Estimate for Snap-on Q1 Earnings

Snap-on Incorporated (NYSE:SNA) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for shares of Snap-on in a research note issued on Thursday, February 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $4.82 for the quarter, down from their prior estimate of $4.94. The consensus estimate for Snap-on’s current full-year earnings is $19.79 per share. Zacks Research also issued estimates for Snap-on’s Q2 2026 earnings at $5.44 EPS, Q4 2026 earnings at $5.33 EPS and FY2027 earnings at $22.06 EPS.

Snap-on (NYSE:SNA) last posted its earnings results on Thursday, February 6th. The company reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.78 by $0.04. Snap-on had a net margin of 21.71% and a return on equity of 19.20%. During the same period last year, the firm posted $4.75 EPS.

Separately, Barrington Research restated an “outperform” rating and issued a $350.00 price target on shares of Snap-on in a research report on Monday, February 10th. One equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $345.40.

Snap-on Stock Performance

NYSE:SNA opened at $341.00 on Friday. The company has a current ratio of 4.15, a quick ratio of 3.17 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $17.87 billion, a PE ratio of 17.49, a PEG ratio of 2.21 and a beta of 0.99. The firm’s fifty day simple moving average is $343.25 and its 200 day simple moving average is $325.92. Snap-on has a 1 year low of $252.98 and a 1 year high of $373.89.

Hedge Funds Weigh In On Snap-on

A number of hedge funds and other institutional investors have recently made changes to their positions in SNA. abrdn plc lifted its holdings in shares of Snap-on by 5.9% during the 3rd quarter. abrdn plc now owns 22,797 shares of the company’s stock worth $6,561,000 after acquiring an additional 1,272 shares during the period. First Trust Direct Indexing L.P. lifted its holdings in Snap-on by 11.6% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 1,348 shares of the company’s stock valued at $391,000 after purchasing an additional 140 shares during the last quarter. Pinnacle Associates Ltd. bought a new position in Snap-on during the 3rd quarter valued at about $214,000. Financial Advocates Investment Management lifted its holdings in Snap-on by 2.6% during the 3rd quarter. Financial Advocates Investment Management now owns 3,449 shares of the company’s stock valued at $999,000 after purchasing an additional 89 shares during the last quarter. Finally, HM Payson & Co. bought a new position in Snap-on during the 3rd quarter valued at about $89,000. 84.88% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Nicholas T. Pinchuk sold 21,783 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 769,738 shares of the company’s stock, valued at approximately $273,126,134.54. This trade represents a 2.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP June C. Lemerand sold 3,500 shares of the firm’s stock in a transaction dated 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 transaction, the vice president now directly owns 2,289 shares of the company’s stock, valued at $830,586.54. The trade was a 60.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 45,503 shares of company stock worth $15,906,074 in the last ninety days. Insiders own 4.10% of the company’s stock.

Snap-on Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, February 24th will be given a $2.14 dividend. The ex-dividend date is Monday, February 24th. This represents a $8.56 annualized dividend and a yield of 2.51%. Snap-on’s dividend payout ratio is 43.90%.

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.