Zacks Research Has Negative View of Snap-On FY2026 Earnings

Snap-On Incorporated (NYSE:SNA) – Analysts at Zacks Research lowered their FY2026 earnings estimates for Snap-On in a research report issued to clients and investors on Thursday, November 12th. Zacks Research analyst Team now expects that the company will post earnings per share of $19.13 for the year, down from their prior forecast of $19.62. The consensus estimate for Snap-On’s current full-year earnings is $19.24 per share. Zacks Research also issued estimates for Snap-On’s Q4 2026 earnings at $4.84 EPS, Q1 2027 earnings at $4.90 EPS, Q2 2027 earnings at $5.05 EPS, Q3 2027 earnings at $4.99 EPS, Q4 2027 earnings at $5.06 EPS, FY2027 earnings at $19.99 EPS, Q1 2028 earnings at $5.64 EPS, Q2 2028 earnings at $5.89 EPS, Q3 2028 earnings at $5.41 EPS and FY2028 earnings at $22.57 EPS.

SNA has been the topic of a number of other research reports. Roth Capital restated a “buy” rating and issued a $461.00 target price (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Barclays decreased their target price on shares of Snap-On from $435.00 to $405.00 and set an “overweight” rating on the stock in a research note on Monday, October 26th. Robert W. Baird set a $385.00 target price on Snap-On in a report on Friday, October 23rd. Weiss Ratings downgraded shares of Snap-On from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Finally, Tigress Financial raised their price objective on Snap-On from $445.00 to $485.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Snap-On has a consensus rating of “Moderate Buy” and an average target price of $434.00.

Snap-On Stock Down 1.7%

Shares of NYSE SNA opened at $368.33 on Friday. The stock has a 50-day moving average price of $367.75 and a two-hundred day moving average price of $380.29. The company has a market cap of $19.00 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 2.67 and a beta of 0.75. Snap-On has a 12 month low of $320.80 and a 12 month high of $423.02. The company has a current ratio of 3.55, a quick ratio of 2.71 and a debt-to-equity ratio of 0.14.

Snap-On (NYSE:SNA) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $4.64 EPS for the quarter, missing the consensus estimate of $4.93 by ($0.29). Snap-On had a net margin of 20.82% and a return on equity of 16.77%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the prior year, the firm earned $4.71 earnings per share. The firm’s revenue for the quarter was down .6% on a year-over-year basis.

Hedge Funds Weigh In On Snap-On

A number of hedge funds have recently bought and sold shares of the company. North Dakota State Investment Board grew its stake in shares of Snap-On by 1.8% in the 3rd quarter. North Dakota State Investment Board now owns 1,552 shares of the company’s stock worth $564,000 after acquiring an additional 28 shares in the last quarter. Entrust Financial LLC raised its holdings in shares of Snap-On by 41.2% in the third quarter. Entrust Financial LLC now owns 96 shares of the company’s stock valued at $35,000 after purchasing an additional 28 shares during the last quarter. TFB Advisors LLC lifted its position in shares of Snap-On by 3.9% during the third quarter. TFB Advisors LLC now owns 886 shares of the company’s stock valued at $322,000 after purchasing an additional 33 shares in the last quarter. Childress Capital Advisors LLC lifted its position in shares of Snap-On by 3.1% during the third quarter. Childress Capital Advisors LLC now owns 1,217 shares of the company’s stock valued at $442,000 after purchasing an additional 37 shares in the last quarter. Finally, CX Institutional boosted its holdings in Snap-On by 10.6% during the second quarter. CX Institutional now owns 447 shares of the company’s stock worth $180,000 after purchasing an additional 43 shares during the last quarter. 84.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Snap-On

In related news, VP Marty V. Ozolins sold 800 shares of Snap-On stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $400.00, for a total transaction of $320,000.00. Following the transaction, the vice president owned 1,526 shares of the company’s stock, valued at $610,400. The trade was a 34.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Nicholas Pinchuk sold 23,447 shares of the company’s stock in a transaction on Wednesday, November 11th. The stock was sold at an average price of $373.47, for a total value of $8,756,751.09. Following the sale, the chief executive officer owned 878,082 shares of the company’s stock, valued at $327,937,284.54. This trade represents a 2.60% 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 have sold 47,136 shares of company stock worth $18,225,256. 3.80% of the stock is owned by insiders.

Snap-On Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be issued a $2.75 dividend. This is a boost from Snap-On’s previous quarterly dividend of $2.44. This represents a $11.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, November 20th. Snap-On’s dividend payout ratio is 50.75%.

Latest Snap-On News

Here’s some of the latest news about SNA:

• Positive Sentiment: Snap-On raised its quarterly dividend to $2.75 per share from $2.44, equivalent to $11 annually and a yield of about 3% at the cited share price. Snap-On company information
• Positive Sentiment: Zacks Research increased its estimates for several later periods, including FY2028 EPS to $22.57 from $22.13, and raised its Q1 and Q2 2028 forecasts.
• Negative Sentiment: The latest reported quarter missed analyst expectations: EPS was $4.64 versus $4.93 expected, while revenue of $1.18 billion fell short of the $1.24 billion forecast and declined 0.6% year over year.

About Snap-On

Snap-on Incorporated develops, manufactures and markets tools, equipment, diagnostics and information systems for professional users. Its offerings include hand and power tools, tool storage, vehicle diagnostic equipment, shop equipment, repair information and software, and related products and services. The company serves customers in vehicle repair and other industries, including aviation, aerospace, agriculture, construction and manufacturing. Its products and services reach customers in the United States and international markets.