RB Capital Management LLC Takes $944,000 Position in Snap-On Incorporated $SNA

RB Capital Management LLC acquired a new position in Snap-On Incorporated (NYSE:SNA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,345 shares of the company’s stock, valued at approximately $944,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Miller Howard Investments Inc. NY purchased a new stake in shares of Snap-On during the 1st quarter valued at about $51,244,000. QRG Capital Management Inc. raised its holdings in shares of Snap-On by 9.9% during the first quarter. QRG Capital Management Inc. now owns 86,849 shares of the company’s stock valued at $31,545,000 after purchasing an additional 7,798 shares during the last quarter. Fisher Asset Management LLC lifted its position in Snap-On by 21.8% during the fourth quarter. Fisher Asset Management LLC now owns 66,017 shares of the company’s stock valued at $22,750,000 after purchasing an additional 11,808 shares during the period. Hsbc Holdings PLC lifted its position in Snap-On by 0.9% during the fourth quarter. Hsbc Holdings PLC now owns 374,236 shares of the company’s stock valued at $128,974,000 after purchasing an additional 3,321 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Snap-On by 8.0% in the first quarter. Sanctuary Advisors LLC now owns 36,690 shares of the company’s stock worth $13,326,000 after purchasing an additional 2,714 shares during the last quarter. 84.88% of the stock is currently owned by institutional investors and hedge funds.

Snap-On News Roundup

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

• Positive Sentiment: Snap-on extended its title sponsorship of the IndyCar weekend at Milwaukee Mile, continuing its visibility across IndyCar, NASCAR and other motorsports events. The partnership may support brand awareness and customer engagement among professional automotive technicians, although financial terms were not disclosed. Snap-on extends title sponsorship of IndyCar races at Milwaukee Mile
• Neutral Sentiment: Coverage of Snap-on’s sponsorship strategy highlights the company’s long-standing use of IndyCar, NASCAR and Milwaukee Mile partnerships to promote its “Makers and Fixers” brand. The initiatives could strengthen the company’s marketing reach, but they are primarily branding developments rather than new revenue or earnings guidance. What drives Snap-on’s sponsorships of IndyCar, NASCAR and Milwaukee Mile
• Neutral Sentiment: Josef Newgarden was listed as the favorite for the 2026 Snap-on Makers and Fixers 250. The betting coverage provides additional publicity for the event but has no direct implication for Snap-on’s operating results. 2026 INDYCAR Odds: Josef Newgarden Favored For Snap-on Makers And Fixers 250
• Negative Sentiment: Vice President Marty Ozolins sold 800 shares for approximately $320,000, reducing his direct holdings by 34.39%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is less concerning than an unexpected discretionary sale, but insider selling can still weigh on sentiment. Snap-On VP Marty Ozolins Sells 800 Shares of Stock

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SNA shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Snap-On in a research note on Friday, July 17th. Robert W. Baird set a $415.00 price target on Snap-On in a research note on Friday, July 24th. Barclays initiated coverage on Snap-On in a report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price objective for the company. Roth Capital reiterated a “buy” rating and set a $461.00 price objective (up from $409.00) on shares of Snap-On in a research report on Friday, July 24th. Finally, Tigress Financial increased their target price on Snap-On from $445.00 to $485.00 and gave the company a “buy” rating in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $426.20.

Insider Buying and Selling

In other Snap-On news, CEO Nicholas T. Pinchuk sold 22,889 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $399.69, for a total value of $9,148,504.41. Following the completion of the sale, the chief executive officer owned 867,779 shares in the company, valued at $346,842,588.51. This represents a 2.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jesus Arregui sold 4,251 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $383.92, for a total value of $1,632,043.92. Following the completion of the transaction, the senior vice president directly owned 4,439 shares in the company, valued at $1,704,220.88. This trade represents a 48.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,728 shares of company stock worth $18,803,009 in the last quarter. Company insiders own 3.80% of the company’s stock.

Snap-On Stock Performance

Shares of NYSE SNA opened at $391.93 on Friday. Snap-On Incorporated has a 12-month low of $319.20 and a 12-month high of $423.02. The firm has a market capitalization of $20.27 billion, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The company has a current ratio of 3.43, a quick ratio of 2.64 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $404.14 and a 200 day moving average of $385.27.

Snap-On (NYSE:SNA) last released its quarterly earnings results on Thursday, July 23rd. The company reported $4.96 earnings per share for the quarter, topping the consensus estimate of $4.95 by $0.01. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. Snap-On had a net margin of 21.25% and a return on equity of 17.07%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $4.72 earnings per share. On average, research analysts anticipate that Snap-On Incorporated will post 19.7 earnings per share for the current year.

Snap-On Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $2.44 dividend. This represents a $9.76 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Snap-On’s dividend payout ratio (DPR) is currently 49.77%.

About Snap-On

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.