United Capital Financial Advisors LLC Acquires New Holdings in Snap-On Incorporated $SNA

United Capital Financial Advisors LLC acquired a new position in Snap-On Incorporated (NYSE:SNAFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,126 shares of the company’s stock, valued at approximately $856,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Snap-On by 36.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock worth $36,000 after acquiring an additional 28 shares in the last quarter. Verition Fund Management LLC boosted its position in Snap-On by 1.5% during the fourth 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 in the last quarter. Ritholtz Wealth Management boosted its position in Snap-On by 2.4% during the first quarter. Ritholtz Wealth Management now owns 1,435 shares of the company’s stock valued at $521,000 after purchasing an additional 34 shares in the last quarter. Pinnacle Associates Ltd. grew its stake in Snap-On by 5.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 758 shares of the company’s stock valued at $261,000 after purchasing an additional 39 shares during the last quarter. Finally, CX Institutional grew its stake in Snap-On by 10.6% in the second quarter. CX Institutional now owns 447 shares of the company’s stock valued at $180,000 after purchasing an additional 43 shares during the last quarter. Institutional investors own 84.88% of the company’s stock.

Snap-On Price Performance

Shares of NYSE SNA opened at $391.93 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.64 and a current ratio of 3.43. The company has a market cap of $20.27 billion, a PE ratio of 19.99, a P/E/G ratio of 2.76 and a beta of 0.73. The business has a 50-day simple moving average of $404.14 and a two-hundred day simple moving average of $385.40. Snap-On Incorporated has a fifty-two week low of $319.20 and a fifty-two week high of $423.02.

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

Snap-On Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th will be given a dividend of $2.44 per share. This represents a $9.76 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s payout ratio is currently 49.77%.

Key Headlines Impacting 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

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on Snap-On

Insider Buying and Selling at Snap-On

In other Snap-On news, 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 transaction of $3,820,788.96. Following the transaction, the senior vice president owned 21,223 shares in the company, valued at approximately $8,900,077.28. This represents a 30.04% decrease in their position. The sale 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, VP Richard Thomas Miller sold 2,000 shares of Snap-On stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $405.92, for a total transaction of $811,840.00. Following the sale, the vice president owned 4,529 shares of the company’s stock, valued at $1,838,411.68. The trade was a 30.63% 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 a total of 46,728 shares of company stock worth $18,803,009 in the last three months. 3.80% of the stock is owned by company insiders.

About Snap-On

(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.

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Institutional Ownership by Quarter for Snap-On (NYSE:SNA)

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