Snap-On’s (SNA) “Buy” Rating Reiterated at Roth Capital

Posted by Stuart Ham on Jul 26th, 2026

Roth Capital reaffirmed their buy rating on shares of Snap-On (NYSE:SNA – Free Report) in a research report report published on Thursday, MarketBeat.com reports. They currently have a $431.00 price objective on the stock, up from their previous price objective of $409.00.

Several other equities research analysts have also commented on the stock. Barclays initiated coverage on shares of Snap-On in a research report on Thursday, May 28th. They set an “overweight” rating and a $420.00 price target for the company. Robert W. Baird boosted their target price on shares of Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $418.20.

Get Our Latest Analysis on SNA

Snap-On Price Performance

NYSE SNA opened at $404.76 on Thursday. The business’s fifty day moving average price is $389.57 and its 200-day moving average price is $378.39. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 2.84 and a beta of 0.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.43 and a quick ratio of 2.74. Snap-On has a 1-year low of $312.78 and a 1-year high of $419.68.

Snap-On (NYSE:SNA – Get Free Report) last issued its quarterly earnings data 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 in the previous year, the company posted $4.72 earnings per share. Snap-On’s revenue was up 4.7% compared to the same quarter last year. On average, equities analysts predict that Snap-On will post 19.67 earnings per share for the current year.

Snap-On Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a dividend of $2.44 per share. The ex-dividend date was Wednesday, May 20th. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.4%. Snap-On’s payout ratio is 49.77%.

Snap-On announced that its board has initiated a stock buyback program on Thursday, April 30th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity

In other Snap-On news, CEO Nicholas T. Pinchuk sold 23,396 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $375.77, for a total value of $8,791,514.92. Following the completion of the transaction, the chief executive officer directly owned 856,918 shares in the company, valued at $322,004,076.86. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Richard Thomas Miller sold 2,000 shares of the 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 completion of the sale, the vice president directly owned 4,529 shares of the company’s stock, valued at approximately $1,838,411.68. This trade represents a 30.63% decrease in their ownership of the stock. 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 37,117 shares of company stock worth $14,003,922 in the last quarter. 3.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Wedge Capital Management L L P NC grew its position in shares of Snap-On by 12.4% during the second quarter. Wedge Capital Management L L P NC now owns 34,335 shares of the company’s stock worth $13,816,000 after purchasing an additional 3,794 shares in the last quarter. E. Ohman J or Asset Management AB boosted its stake in Snap-On by 49.6% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 2,110 shares of the company’s stock worth $849,000 after purchasing an additional 700 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in Snap-On during the 2nd quarter valued at approximately $264,000. Harrell Investment Partners LLC grew its holdings in Snap-On by 12.0% during the 2nd quarter. Harrell Investment Partners LLC now owns 2,636 shares of the company’s stock valued at $1,061,000 after buying an additional 283 shares in the last quarter. Finally, Wynn Capital LLC bought a new stake in shares of Snap-On during the second quarter valued at approximately $215,000. Institutional investors own 84.88% of the company’s stock.

More Snap-On News

Here are the key news stories impacting Snap-On this week:

Positive Sentiment: Snap-on beat Q2 estimates, posting EPS of $4.96 versus $4.95 expected and revenue of $1.24 billion versus $1.22 billion expected, supported by 4.7% year-over-year sales growth and 3% organic sales growth. Article: Snap-On (SNA) Q2 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management signaled disciplined capital allocation, saying it expects about $100 million of 2026 capex and is targeting a roughly 22% full-year tax rate, which investors may view as supportive of future profitability. Article: Snap-on expects $100M 2026 capex while targeting ~22% full-year tax rate
Positive Sentiment: Roth Capital reaffirmed its buy rating and raised its price target to $431 from $409, reinforcing optimism around the stock after the earnings release. Article: Roth Capital rating update
Neutral Sentiment: Several post-earnings writeups and the earnings call transcript recapped the quarter’s results and management commentary, but did not add materially new catalysts beyond the initial report. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
Negative Sentiment: Some headlines noted that sales came in below analyst estimates on one read-through of the report, suggesting the market may still be weighing whether revenue momentum is strong enough to justify further upside. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

About Snap-On

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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.