Snap-On (NYSE:SNA) Upgraded by Barclays to Strong-Buy Rating

Posted by George Bondi on May 29th, 2026

Snap-On (NYSE:SNA – Get Free Report) was upgraded by Barclays to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

A number of other analysts also recently weighed in on SNA. Wall Street Zen downgraded shares of Snap-On from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Snap-On in a research report on Monday, April 20th. Tigress Financial increased their target price on shares of Snap-On from $405.00 to $445.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Roth Mkm reissued a “buy” rating and set a $431.00 target price on shares of Snap-On in a research report on Friday, April 24th. Finally, Robert W. Baird increased their target price on shares of Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Snap-On currently has an average rating of “Moderate Buy” and an average price target of $387.67.

Read Our Latest Report on Snap-On

Snap-On Stock Performance

Snap-On stock opened at $374.53 on Thursday. The business has a 50 day moving average of $371.10 and a 200-day moving average of $363.95. Snap-On has a 1 year low of $301.82 and a 1 year high of $400.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.53 and a quick ratio of 2.74. The company has a market capitalization of $19.40 billion, a P/E ratio of 19.34, a P/E/G ratio of 2.62 and a beta of 0.75.

Snap-On (NYSE:SNA – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The company reported $4.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.75 by ($0.06). Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the company earned $4.51 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts predict that Snap-On will post 19.7 earnings per share for the current year.

Snap-On announced that its board has authorized a share repurchase plan on Thursday, April 30th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 2.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Snap-On news, CEO Nicholas T. Pinchuk sold 23,396 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $375.77, for a total transaction of $8,791,514.92. Following the transaction, the chief executive officer directly owned 856,918 shares in the company, valued at approximately $322,004,076.86. This represents a 2.66% decrease in their position. The transaction was disclosed in a filing 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 5,713 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 119,488 shares in the company, valued at $43,874,798.72. The trade was a 4.56% 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. 3.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Snap-On

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Snap-On by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 6,525,488 shares of the company’s stock worth $2,248,683,000 after buying an additional 31,073 shares in the last quarter. State Street Corp boosted its holdings in shares of Snap-On by 1.3% during the 4th quarter. State Street Corp now owns 2,272,041 shares of the company’s stock worth $782,945,000 after buying an additional 28,071 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Snap-On by 3.3% during the 1st quarter. First Trust Advisors LP now owns 2,033,129 shares of the company’s stock worth $738,473,000 after buying an additional 65,521 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Snap-On by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,011,914 shares of the company’s stock worth $693,306,000 after buying an additional 39,765 shares in the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Snap-On by 4.1% during the 4th quarter. Nordea Investment Management AB now owns 1,310,198 shares of the company’s stock worth $454,206,000 after buying an additional 51,486 shares in the last quarter. 84.88% of the stock is currently owned by institutional investors.

About Snap-On

(Get Free Report)

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.