PFA Pension Forsikringsaktieselskab Takes Position in Snap-On Incorporated $SNA

PFA Pension Forsikringsaktieselskab bought a new position in Snap-On Incorporated (NYSE:SNA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 199,478 shares of the company’s stock, valued at approximately $69,751,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Horizon Investments LLC raised its holdings in Snap-On by 4.9% during the 4th quarter. Horizon Investments LLC now owns 7,634 shares of the company’s stock valued at $2,631,000 after buying an additional 360 shares during the last quarter. Danske Bank A S grew its holdings in Snap-On by 15.0% in the 4th quarter. Danske Bank A S now owns 37,372 shares of the company’s stock worth $12,878,000 after acquiring an additional 4,882 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Snap-On by 3.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 9,666 shares of the company’s stock valued at $3,331,000 after acquiring an additional 350 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Snap-On by 2.5% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 13,298 shares of the company’s stock valued at $4,582,000 after acquiring an additional 323 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Snap-On during the fourth quarter valued at about $179,000. 84.88% of the stock is currently owned by institutional investors.

Snap-On Stock Down 0.8%

Shares of NYSE SNA opened at $380.50 on Friday. The company has a current ratio of 3.53, a quick ratio of 2.74 and a debt-to-equity ratio of 0.15. Snap-On Incorporated has a 12 month low of $301.82 and a 12 month high of $400.88. The firm has a market capitalization of $19.71 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 2.67 and a beta of 0.75. The firm has a fifty day simple moving average of $374.37 and a two-hundred day simple moving average of $360.23.

Snap-On (NYSE:SNA) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $4.69 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.06). Snap-On had a return on equity of 17.13% and a net margin of 21.28%.The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the company posted $4.51 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Equities analysts expect that Snap-On Incorporated will post 19.75 earnings per share for the current year.

Snap-On Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be issued a $2.44 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $9.76 annualized dividend and a yield of 2.6%. Snap-On’s dividend payout ratio is 50.39%.

Snap-On declared that its Board of Directors has initiated a stock buyback program on Thursday, April 30th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

Snap-On News Summary

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

• Positive Sentiment: Board authorizes $500 million share repurchase (up to ~2.5% of shares), signaling confidence in the stock and supporting EPS/shares outstanding over time. RTT News – Stock Buybacks
• Positive Sentiment: Quarterly dividend declared: $2.44 per share (annualized yield ~2.5%), ex-dividend on May 20, payable June 10 — provides steady cash return and supports investor income expectations. Yahoo Finance – Dividend & Repurchase
• Positive Sentiment: Value-focused coverage argues SNA is trading at a discount relative to fundamentals, which could attract value investors if growth stabilizes. Seeking Alpha – Trading At An Understandable Discount
• Neutral Sentiment: Recent quarter: revenue rose year-over-year but EPS slightly missed estimates — mixed results that temper near-term enthusiasm but show ongoing demand. MarketBeat – SNA Profile & Results
• Neutral Sentiment: News items about SNAP (the federal food-assistance program) — new state restrictions, House votes, and Florida cuts — are generating headlines using the same acronym but are unrelated to Snap-On’s business and unlikely to drive SNA stock moves. PBS – SNAP Restrictions in Texas MSN – House Vote on SNAP Soda Ban Yahoo – SNAP Cuts Impact
• Negative Sentiment: Analyst note updating to a “Hold” flags valuation and margin headwinds — SNA’s current P/E is above historical ranges while growth forecasts are modest and cost pressures may compress margins. This view weighs on sentiment despite buyback/dividend actions. Seeking Alpha – Hold for 2026

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SNA. Wall Street Zen lowered shares of Snap-On from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Robert W. Baird boosted their price target on Snap-On from $380.00 to $395.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Tigress Financial upped their price target on Snap-On from $405.00 to $445.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a research report on Monday, April 20th. Finally, Roth Mkm reissued a “buy” rating and set a $431.00 target price on shares of Snap-On in a research note on Friday, April 24th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $381.20.

Insider Activity at Snap-On

In other Snap-On news, SVP Timothy L. Chambers sold 8,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $385.13, for a total value of $3,081,040.00. Following the completion of the transaction, the senior vice president directly owned 19,480 shares in the company, valued at approximately $7,502,332.40. This represents a 29.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicholas T. Pinchuk sold 23,229 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $383.36, for a total transaction of $8,905,069.44. Following the completion of the transaction, the chief executive officer owned 846,562 shares of the company’s stock, valued at $324,538,008.32. This trade represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,650 shares of company stock valued at $15,210,959 over the last quarter. Company insiders own 3.80% of the company’s stock.

Snap-On Company Profile

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.