Goldman Sachs Group Inc. Decreases Stock Position in Snap-On Incorporated $SNA

Posted by Francis Steltz on Jun 9th, 2026

Goldman Sachs Group Inc. lessened its stake in shares of Snap-On Incorporated (NYSE:SNA – Free Report) by 6.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 403,900 shares of the company’s stock after selling 25,889 shares during the period. Goldman Sachs Group Inc.’s holdings in Snap-On were worth $139,184,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SNA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Snap-On by 15.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,850 shares of the company’s stock valued at $2,983,000 after buying an additional 1,185 shares during the period. Woodline Partners LP increased its stake in Snap-On by 40.4% in the first quarter. Woodline Partners LP now owns 4,426 shares of the company’s stock worth $1,492,000 after purchasing an additional 1,273 shares during the period. EverSource Wealth Advisors LLC increased its stake in Snap-On by 100.9% in the second quarter. EverSource Wealth Advisors LLC now owns 464 shares of the company’s stock worth $144,000 after purchasing an additional 233 shares during the period. Gamco Investors INC. ET AL increased its stake in Snap-On by 32.9% in the second quarter. Gamco Investors INC. ET AL now owns 1,752 shares of the company’s stock worth $545,000 after purchasing an additional 434 shares during the period. Finally, Natixis increased its stake in Snap-On by 136.8% in the second quarter. Natixis now owns 3,048 shares of the company’s stock worth $948,000 after purchasing an additional 1,761 shares during the period. Hedge funds and other institutional investors own 84.88% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Nicholas T. Pinchuk sold 23,396 shares of the stock in a transaction 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 owned 856,918 shares of the company’s stock, 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 can be accessed 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 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 directly owned 119,488 shares in the company, valued at $43,874,798.72. The trade was a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 30,439 shares of company stock worth $11,393,700 in the last three months. Corporate insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SNA shares. Robert W. Baird increased their target price on Snap-On from $380.00 to $395.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Roth Mkm reiterated a “buy” rating and issued a $431.00 target price on shares of Snap-On in a research note on Friday, April 24th. Tigress Financial increased their target price on Snap-On from $405.00 to $445.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Barclays started coverage on Snap-On in a research note on Thursday, May 28th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a research note on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $387.67.

Check Out Our Latest Research Report on SNA

Snap-On Price Performance

SNA opened at $380.85 on Tuesday. Snap-On Incorporated has a 12-month low of $301.82 and a 12-month high of $400.88. The company has a current ratio of 3.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.15. The business’s fifty day simple moving average is $372.97 and its 200-day simple moving average is $365.89. The company has a market capitalization of $19.73 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 2.67 and a beta of 0.73.

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

Snap-On announced that its Board of Directors has authorized a share repurchase plan on Thursday, April 30th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 2.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Snap-On Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be given a dividend of $2.44 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.6%. Snap-On’s dividend payout ratio is presently 50.39%.

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.