Barrington Research Predicts Reduced Earnings for Snap-on

Snap-on Incorporated (NYSE:SNA) – Equities research analysts at Barrington Research dropped their Q1 2025 EPS estimates for shares of Snap-on in a report issued on Monday, February 10th. Barrington Research analyst G. Prestopino now forecasts that the company will post earnings per share of $4.73 for the quarter, down from their prior forecast of $4.96. Barrington Research currently has a “Outperform” rating and a $350.00 target price on the stock. The consensus estimate for Snap-on’s current full-year earnings is $20.07 per share. Barrington Research also issued estimates for Snap-on’s Q2 2025 earnings at $4.96 EPS, Q3 2025 earnings at $4.90 EPS, Q4 2025 earnings at $5.01 EPS, FY2025 earnings at $19.59 EPS, Q1 2026 earnings at $5.21 EPS, Q2 2026 earnings at $5.51 EPS, Q3 2026 earnings at $5.27 EPS, Q4 2026 earnings at $5.33 EPS and FY2026 earnings at $21.32 EPS.

Several other equities analysts also recently commented on SNA. Robert W. Baird upped their price objective on shares of Snap-on from $290.00 to $347.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Roth Mkm upped their price target on shares of Snap-on from $324.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Tigress Financial raised their price objective on shares of Snap-on from $336.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Bank of America upped their target price on Snap-on from $255.00 to $280.00 and gave the company an “underperform” rating in a research report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $345.40.

Snap-on Stock Down 0.8 %

SNA opened at $334.54 on Wednesday. The stock’s fifty day simple moving average is $346.16 and its 200 day simple moving average is $320.59. Snap-on has a 1-year low of $252.98 and a 1-year high of $373.89. The stock has a market cap of $17.57 billion, a PE ratio of 17.16, a price-to-earnings-growth ratio of 2.13 and a beta of 0.99. The company has a current ratio of 4.15, a quick ratio of 3.14 and a debt-to-equity ratio of 0.22.

Snap-on (NYSE:SNA) last released its quarterly earnings data on Thursday, February 6th. The company reported $4.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.78 by $0.04. Snap-on had a return on equity of 19.20% and a net margin of 21.71%. During the same period last year, the business earned $4.75 EPS.

Insider Buying and Selling

In related news, SVP Jesus Arregui sold 6,451 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $337.81, for a total transaction of $2,179,212.31. Following the sale, the senior vice president now owns 257 shares of the company’s stock, valued at $86,817.17. This represents a 96.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP June C. Lemerand sold 3,500 shares of Snap-on stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $362.86, for a total value of $1,270,010.00. Following the completion of the transaction, the vice president now directly owns 2,289 shares of the company’s stock, valued at $830,586.54. This represents a 60.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,643 shares of company stock valued at $13,580,191. 4.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Snap-on

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Snap-on in the fourth quarter valued at about $148,839,000. Norges Bank bought a new position in shares of Snap-on in the fourth quarter worth about $145,342,000. Proficio Capital Partners LLC acquired a new stake in shares of Snap-on in the 4th quarter valued at approximately $57,738,000. Benjamin Edwards Inc. grew its holdings in shares of Snap-on by 2,691.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 158,092 shares of the company’s stock valued at $45,810,000 after purchasing an additional 152,428 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in Snap-on by 34,381.0% during the 3rd quarter. International Assets Investment Management LLC now owns 130,338 shares of the company’s stock worth $37,760,000 after purchasing an additional 129,960 shares in the last quarter. 84.88% of the stock is owned by institutional investors.

About Snap-on

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.