Snap-On Incorporated $SNA Shares Sold by Sumitomo Mitsui Trust Group Inc.

Posted by Geri Gentry on Jul 13th, 2026

Sumitomo Mitsui Trust Group Inc. reduced its position in shares of Snap-On Incorporated (NYSE:SNA – Free Report) by 8.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 123,494 shares of the company’s stock after selling 11,111 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Snap-On were worth $44,855,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SNA. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Snap-On in the 4th quarter worth $25,000. DV Equities LLC bought a new position in Snap-On during the fourth quarter valued at about $25,000. GoalVest Advisory LLC acquired a new position in Snap-On during the fourth quarter worth about $28,000. Montag A & Associates Inc. grew its holdings in Snap-On by 331.8% during the fourth quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock worth $33,000 after acquiring an additional 73 shares during the period. Finally, Quattro Advisors LLC bought a new stake in Snap-On in the fourth quarter worth about $35,000. 84.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Jesus Arregui sold 4,251 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $383.92, for a total transaction of $1,632,043.92. Following the sale, the senior vice president owned 4,439 shares in the company, valued at $1,704,220.88. The trade was a 48.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Richard Thomas Miller sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total transaction of $811,840.00. Following the completion of the sale, the vice president owned 4,529 shares of the company’s stock, valued at approximately $1,838,411.68. This trade represents a 30.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 37,117 shares of company stock valued at $14,003,922. 3.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SNA. Barclays assumed coverage on shares of Snap-On in a report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price target for the company. Robert W. Baird boosted their target price 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 Capital reissued a “buy” rating and set a $431.00 target price on shares of Snap-On in a research note on Friday, April 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Snap-On in a report on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $387.67.

View Our Latest Stock Analysis on SNA

Snap-On Trading Up 0.1%

Shares of NYSE SNA opened at $402.16 on Monday. 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 12 month low of $310.23 and a 12 month high of $414.62. The company has a market cap of $20.83 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.83 and a beta of 0.73. The business has a fifty day simple moving average of $382.99 and a 200-day simple moving average of $374.70.

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

Snap-On announced that its Board of Directors has initiated a stock repurchase program on Thursday, April 30th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Snap-On Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were issued a $2.44 dividend. This represents a $9.76 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Wednesday, May 20th. Snap-On’s dividend payout ratio (DPR) is presently 50.39%.

Snap-On Profile

(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.