Snap-On Incorporated $SNA Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. lessened its position in shares of Snap-On Incorporated (NYSE:SNA) by 13.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,538 shares of the company’s stock after selling 2,203 shares during the quarter. Flputnam Investment Management Co.’s holdings in Snap-On were worth $5,850,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SNA. DV Equities LLC purchased a new stake in Snap-On in the fourth quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in shares of Snap-On during the 1st quarter worth about $29,000. Montag A & Associates Inc. increased its position in shares of Snap-On by 331.8% during 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 last quarter. Quattro Advisors LLC purchased a new stake in Snap-On in the 4th quarter valued at about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in Snap-On by 36.4% in the fourth 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 last quarter. 84.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on SNA shares. Tigress Financial upped their price objective on shares of Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Robert W. Baird set a $415.00 target price on Snap-On in a research report on Friday, July 24th. Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Roth Capital restated 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. Finally, Barclays initiated coverage on Snap-On in a research note on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price objective for the company. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $426.20.

Insider Transactions at Snap-On

In related news, CFO Aldo John Pagliari sold 5,531 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $404.25, for a total transaction of $2,235,906.75. Following the transaction, the chief financial officer owned 120,644 shares of the company’s stock, valued at $48,770,337. This trade represents a 4.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Timothy L. Chambers sold 9,111 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $419.36, for a total value of $3,820,788.96. Following the sale, the senior vice president directly owned 21,223 shares of the company’s stock, valued at approximately $8,900,077.28. This represents a 30.04% 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 have sold 46,728 shares of company stock worth $18,803,009 over the last 90 days. Company insiders own 3.80% of the company’s stock.

Trending Headlines about 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 Stock Up 0.0%

SNA stock opened at $391.93 on Monday. The company’s 50 day moving average price is $404.14 and its 200 day moving average price is $385.40. 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 market capitalization of $20.27 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.76 and a beta of 0.73.

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

Snap-On Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a $2.44 dividend. This represents a $9.76 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s dividend payout ratio is presently 49.77%.

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.