Snap-On (NYSE:SNA) CFO Sells $2,097,756.47 in Stock

Snap-On Incorporated (NYSE:SNA) CFO Aldo John Pagliari sold 5,713 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $367.19, for a total value of $2,097,756.47. Following the sale, the chief financial officer owned 119,488 shares of the company’s stock, valued at $43,874,798.72. This trade represents a 4.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aldo John Pagliari also recently made the following trade(s):

• On Thursday, February 19th, Aldo John Pagliari sold 7,043 shares of Snap-On stock. The stock was sold at an average price of $382.05, for a total value of $2,690,778.15.

Snap-On Stock Performance

SNA traded down $0.34 during trading on Thursday, hitting $366.27. 227,103 shares of the company traded hands, compared to its average volume of 379,609. The firm has a market cap of $18.97 billion, a P/E ratio of 18.91, a price-to-earnings-growth ratio of 2.59 and a beta of 0.75. The company has a quick ratio of 2.74, a current ratio of 3.53 and a debt-to-equity ratio of 0.15. Snap-On Incorporated has a one year low of $301.82 and a one year high of $400.88. The stock’s fifty day moving average is $372.59 and its 200 day moving average is $361.98.

Snap-On (NYSE:SNA) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $4.69 earnings per share for the quarter, missing the consensus estimate of $4.75 by ($0.06). Snap-On had a return on equity of 17.13% and a net margin of 21.28%.The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. As a group, equities analysts predict that Snap-On Incorporated will post 19.75 EPS for the current fiscal year.

Snap-On declared that its board has approved a share buyback program on Thursday, April 30th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to buy up to 2.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Snap-On Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be given a dividend of $2.44 per share. The ex-dividend date is Wednesday, May 20th. This represents a $9.76 annualized dividend and a yield of 2.7%. Snap-On’s payout ratio is presently 50.39%.

Analyst Ratings Changes

A number of analysts have recently issued reports on SNA shares. Robert W. Baird lifted their price objective on shares of Snap-On from $380.00 to $395.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Roth Mkm reissued a “buy” rating and issued a $431.00 target price on shares of Snap-On in a research note on Friday, April 24th. Tigress Financial raised their price target on Snap-On from $405.00 to $445.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Wall Street Zen lowered Snap-On from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a report on Monday, April 20th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $381.20.

Hedge Funds Weigh In On Snap-On

A number of large investors have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Snap-On during the fourth quarter valued at about $25,000. DV Equities LLC purchased a new stake in Snap-On during the 4th quarter valued at about $25,000. GoalVest Advisory LLC bought a new position in Snap-On during the 4th quarter worth approximately $28,000. Montag A & Associates Inc. increased its stake in Snap-On by 331.8% in the 4th quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock worth $33,000 after purchasing an additional 73 shares during the period. Finally, Quattro Advisors LLC bought a new stake in Snap-On in the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 84.88% of the company’s stock.

Key Stories Impacting Snap-On

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

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for Snap-on to $5.24 from $5.18, suggesting a better long-term earnings outlook.
• Neutral Sentiment: Zacks Research’s updated forecasts still point to solid profitability over the next several years, including FY2027 EPS of $20.45 and Q1 2028 EPS of $5.24.
• Negative Sentiment: The analyst firm lowered estimates for FY2026 to $19.62 from $19.90 and cut several quarterly estimates for 2026 and 2027, signaling softer expectations near term.
• Negative Sentiment: Forecast reductions for Q2 2027, Q3 2027 and Q4 2027 may add pressure on the stock as investors reassess Snap-on’s earnings growth trajectory.

About Snap-On

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.