Glenview Trust Co Takes Position in Snap-On Incorporated $SNA

Glenview Trust Co purchased a new stake in Snap-On Incorporated (NYSE:SNA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,770 shares of the company’s stock, valued at approximately $712,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. DV Equities LLC purchased a new stake in shares of Snap-On in the fourth quarter valued at about $25,000. Western Wealth Management LLC purchased a new position in Snap-On during the first quarter worth about $29,000. Montag A & Associates Inc. boosted its holdings in Snap-On by 331.8% in the 4th quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock valued at $33,000 after purchasing an additional 73 shares during the last quarter. Quattro Advisors LLC acquired a new position in Snap-On in the 4th quarter valued at about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Snap-On by 36.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after buying an additional 28 shares during the period. Hedge funds and other institutional investors own 84.88% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Roth Capital reaffirmed a “buy” rating and set a $461.00 price target (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Tigress Financial raised their target price on Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Barclays began coverage on Snap-On in a research report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 target price on the stock. Robert W. Baird set a $415.00 price target on Snap-On in a report on Friday, July 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research report on Friday, July 17th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $426.20.

Snap-On Stock Down 1.0%

Snap-On stock opened at $391.93 on Friday. The company has a market capitalization of $20.27 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.64 and a current ratio of 3.43. Snap-On Incorporated has a fifty-two week low of $319.20 and a fifty-two week high of $423.02. The firm has a 50 day moving average price of $404.14 and a 200 day moving average price of $385.27.

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

Snap-On Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a dividend of $2.44 per share. This represents a $9.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, August 19th. Snap-On’s dividend payout ratio (DPR) is 49.77%.

Insider Activity at Snap-On

In other Snap-On news, CFO Aldo John Pagliari sold 5,531 shares of Snap-On stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $404.25, for a total value of $2,235,906.75. Following the completion of the transaction, the chief financial officer directly owned 120,644 shares of the company’s stock, valued at $48,770,337. The trade was a 4.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Richard Thomas Miller sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $405.92, for a total transaction of $811,840.00. Following the sale, the vice president owned 4,529 shares in the company, valued at $1,838,411.68. This trade represents a 30.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 46,728 shares of company stock worth $18,803,009 over the last ninety days. Company insiders own 3.80% of the company’s stock.

Key Headlines Impacting Snap-On

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

• Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile
• Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile
• Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250
• Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock

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.