Sarasin & Partners LLP Sells 1,280 Shares of Snap-On Incorporated $SNA

Posted by Brenda Bartman on Aug 7th, 2026

Sarasin & Partners LLP reduced its stake in shares of Snap-On Incorporated (NYSE:SNA – Free Report) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,873 shares of the company’s stock after selling 1,280 shares during the quarter. Sarasin & Partners LLP’s holdings in Snap-On were worth $26,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Kennebec Savings Bank grew its stake in Snap-On by 3.6% during the fourth quarter. Kennebec Savings Bank now owns 783 shares of the company’s stock valued at $270,000 after acquiring an additional 27 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Snap-On by 36.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after purchasing an additional 28 shares during the last quarter. Verition Fund Management LLC boosted its holdings in shares of Snap-On by 1.5% during the 4th quarter. Verition Fund Management LLC now owns 1,844 shares of the company’s stock valued at $635,000 after purchasing an additional 28 shares during the last quarter. CWM LLC grew its position in shares of Snap-On by 0.6% during the fourth quarter. CWM LLC now owns 5,517 shares of the company’s stock valued at $1,901,000 after purchasing an additional 31 shares in the last quarter. Finally, Ritholtz Wealth Management increased its holdings in shares of Snap-On by 2.5% in the fourth quarter. Ritholtz Wealth Management now owns 1,401 shares of the company’s stock worth $483,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 84.88% of the company’s stock.

Insider Buying and Selling

In other news, SVP Timothy L. Chambers sold 9,111 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $419.36, for a total transaction of $3,820,788.96. Following the transaction, the senior vice president owned 21,223 shares of the company’s stock, valued at approximately $8,900,077.28. The trade was a 30.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aldo John Pagliari sold 1,330 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $379.27, for a total value of $504,429.10. Following the sale, the chief financial officer owned 118,158 shares in the company, valued at $44,813,784.66. The trade was a 1.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,221 shares of company stock valued at $9,196,355 over the last quarter. Company insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Tigress Financial upped their price objective on 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. Finally, Roth Capital reissued a “buy” rating and issued a $461.00 target price (up from $409.00) on shares of Snap-On in a report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $426.20.

Read Our Latest Stock Analysis on SNA

Snap-On Stock Down 1.0%

Shares of NYSE SNA opened at $414.70 on Friday. The company has a current ratio of 3.43, a quick ratio of 2.64 and a debt-to-equity ratio of 0.15. Snap-On Incorporated has a 12-month low of $319.20 and a 12-month high of $423.02. The firm’s 50-day moving average price is $398.01 and its 200-day moving average price is $381.99. The stock has a market capitalization of $21.45 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 2.95 and a beta of 0.73.

Snap-On (NYSE:SNA – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $4.96 EPS for the quarter, topping 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 company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business posted $4.72 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts anticipate that Snap-On Incorporated will post 19.7 EPS for the current fiscal year.

Snap-On announced that its Board of Directors has authorized a stock buyback plan on Thursday, April 30th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

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.