3,753 Shares in Snap-On Incorporated $SNA Bought by Orca Investment Management LLC

Orca Investment Management LLC acquired a new stake in Snap-On Incorporated (NYSE:SNA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,753 shares of the company’s stock, valued at approximately $1,510,000. Snap-On accounts for 1.1% of Orca Investment Management LLC’s investment portfolio, making the stock its 29th largest position.

Several other large investors have also bought and sold shares of the stock. DV Equities LLC bought a new position in shares of Snap-On during the fourth quarter worth about $25,000. Western Wealth Management LLC acquired a new position in shares of Snap-On in the first quarter worth approximately $29,000. Montag A & Associates Inc. boosted its holdings in Snap-On by 331.8% in the fourth quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock valued at $33,000 after acquiring an additional 73 shares during the last quarter. Quattro Advisors LLC bought a new stake in Snap-On in the fourth quarter valued at approximately $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in Snap-On by 36.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after purchasing an additional 28 shares during the period. 84.88% of the stock is owned by institutional investors.

Key Snap-On News

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

• Positive Sentiment: Long-term earnings outlook improved: Zacks Research raised its FY2028 EPS estimate to $22.13 from $21.75. Estimates for Q1 2027, Q2 2027 and Q1–Q2 2028 were also increased, suggesting expectations for continued earnings growth. Snap-On stock information
• Positive Sentiment: Analyst sentiment remains favorable: Snap-On has an overall “Moderate Buy” rating, with five Buy ratings and one Hold rating. The average price target is $426.20, above the recent trading level. Snap-On receives Moderate Buy rating
• Positive Sentiment: Shareholder returns provide support: The company has authorized a $500 million share-repurchase program and recently declared a quarterly dividend of $2.44, equivalent to a 2.4% annualized yield at the reported valuation.
• Neutral Sentiment: Recent operating performance was solid: Snap-On’s latest quarterly earnings were $4.96 per share, slightly above estimates, while revenue increased 4.7% year over year to $1.24 billion. The stock trades near its 12-month high, with a price-to-earnings ratio of approximately 20.6.
• Negative Sentiment: Near-term estimates were trimmed: Zacks lowered its Q3 2026 EPS forecast to $4.90 from $4.96 and its Q4 2026 estimate to $5.07 from $5.13. It also reduced Q3 and Q4 2027 estimates slightly, indicating some caution about upcoming results.
• Negative Sentiment: CFO insider sale may weigh on sentiment: CFO Aldo John Pagliari sold 5,531 shares for approximately $2.24 million, reducing his holdings by 4.38%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan and he retains more than 120,000 shares, the signal is less concerning but remains a potential overhang. Snap-On CFO stock sale

Snap-On Stock Performance

Shares of SNA stock opened at $403.25 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.64. The firm has a 50-day moving average of $402.16 and a 200-day moving average of $383.62. Snap-On Incorporated has a one year low of $319.20 and a one year high of $423.02. The company has a market cap of $20.86 billion, a P/E ratio of 20.56, a P/E/G ratio of 2.84 and a beta of 0.73.

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

Snap-On declared that its board has authorized a share buyback plan on Thursday, April 30th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to repurchase up to 2.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Snap-On Announces Dividend

The firm 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. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s dividend payout ratio (DPR) is presently 49.77%.

Insiders Place Their Bets

In other Snap-On news, VP Richard Thomas Miller sold 2,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $405.92, for a total value of $811,840.00. Following the transaction, the vice president owned 4,529 shares of the company’s stock, valued at approximately $1,838,411.68. The trade was a 30.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aldo John Pagliari sold 5,531 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $404.25, for a total value of $2,235,906.75. Following the sale, the chief financial officer directly owned 120,644 shares of the company’s stock, valued at approximately $48,770,337. This represents a 4.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 23,039 shares of company stock valued at $9,334,505. 3.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

Snap-On Company Profile

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.