Snap-On FY2026 Earnings Forecast Decreased by Zacks Research

Snap-On Incorporated (NYSE:SNA) – Research analysts at Zacks Research decreased their FY2026 earnings estimates for shares of Snap-On in a research report issued on Thursday, November 12th. Zacks Research analyst Team now anticipates that the company will earn $19.13 per share for the year, down from their previous 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.

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

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

Snap-On Price Performance

Snap-On stock opened at $368.33 on Friday. Snap-On has a 12 month low of $320.80 and a 12 month high of $423.02. The stock’s 50 day moving average is $367.75 and its 200-day moving average is $380.29. The company has a current ratio of 3.55, a quick ratio of 2.71 and a debt-to-equity ratio of 0.14. The company has a market capitalization 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be given a dividend of $2.75 per share. 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. This is a boost from Snap-On’s previous quarterly dividend of $2.44. Snap-On’s dividend payout ratio (DPR) is currently 50.75%.

Insider Buying and Selling

In other news, VP Marty V. Ozolins sold 800 shares of Snap-On stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $400.00, for a total value of $320,000.00. Following the completion of the sale, the vice president directly owned 1,526 shares in the company, valued at approximately $610,400. The trade was a 34.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Nicholas T. Pinchuk sold 23,447 shares of the business’s stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $373.47, for a total value of $8,756,751.09. Following the completion of the sale, the chief executive officer owned 878,082 shares of the company’s stock, valued at approximately $327,937,284.54. This trade represents a 2.60% 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. In the last 90 days, insiders have sold 47,136 shares of company stock worth $18,225,256. Company insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Snap-On

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Snap-On during the 2nd quarter worth $1,715,363,000. State Street Corp increased its position in shares of Snap-On by 2.9% in the second quarter. State Street Corp now owns 2,356,671 shares of the company’s stock worth $948,324,000 after purchasing an additional 66,754 shares during the period. First Trust Advisors LP raised its stake in Snap-On by 2.0% in the third quarter. First Trust Advisors LP now owns 2,112,261 shares of the company’s stock valued at $767,490,000 after purchasing an additional 42,017 shares in the last quarter. Bank of America Corp DE raised its stake in Snap-On by 0.4% in the first quarter. Bank of America Corp DE now owns 999,497 shares of the company’s stock valued at $363,037,000 after purchasing an additional 3,770 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Snap-On by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 880,951 shares of the company’s stock worth $319,955,000 after purchasing an additional 17,337 shares during the period. 84.88% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Snap-On

Investors following SNA have been watching these headlines:

• 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.
• Neutral Sentiment: CEO Nicholas Pinchuk sold 23,447 shares for about $8.8 million under a pre-arranged Rule 10b5-1 plan; he still directly owns 878,082 shares. The planned nature of the sale may temper its significance. Insider sale report
• 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.

Snap-On Company Profile

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.