Snap-on Incorporated (SNA) is a global leader in manufacturing and marketing tools, equipment, diagnostics, and systems solutions for professional users. Despite a 3.3% YTD decline, SNA stock has outpaced the broader market over the past 52 weeks, with a 17.1% return. Analysts expect EPS to decline 2.7% YoY to $18.67 for FY22. The consensus rating is a "Moderate Buy," with a mean price target of $352.43, representing a 7.3% premium to current price levels.
Snap-On Incorporated (SNA), a global leader in manufacturing and marketing tools, equipment, diagnostics, and systems solutions for professional users, recently reported its Q1 earnings. The company surpassed analyst expectations with earnings per share (EPS) of $4.72, compared to estimates of $4.61, and revenue of $1.18 billion [1]. Despite a 3.3% YTD decline, SNA stock has outpaced the broader market over the past 52 weeks, with a 17.1% return.
Institutional Investor Activity
Institutional investors have shown significant interest in SNA. Ameriprise Financial Inc. raised its position by 54.3% in the first quarter, owning 681,857 shares valued at $229,793,000 [1]. AlphaQuest LLC increased its holdings by 1,390.7%, owning 5,456 shares valued at approximately $1.84 million [2]. Other notable investors include Charles Schwab Investment Management Inc., Auto Owners Insurance Co., Earnest Partners LLC, Northern Trust Corp, and Envestnet Asset Management Inc., who collectively increased their positions in SNA by varying percentages [2].
Analyst Ratings and Price Targets
Analysts have a consensus rating of "Moderate Buy" for SNA, with a mean price target of $352.43, representing a 7.3% premium to current price levels [1]. Barrington Research reaffirmed an "outperform" rating and set a $350.00 price target, while Bank of America raised its price objective to $285.00 and gave the company an "underperform" rating [1]. Wall Street Zen upgraded SNA from a "hold" to a "buy" rating, and Robert W. Baird raised their price objective to $347.00 with a "neutral" rating [1].
Dividend Announcement
Snap-On also announced a quarterly dividend of $2.14 per share, payable on September 10, 2025, to stockholders of record on August 19, 2025. The dividend represents an annualized yield of 2.6% and a payout ratio of 45.65% [1].
Conclusion
Snap-On Incorporated's strong Q1 earnings and increased institutional investor interest suggest a positive outlook for the company. While analysts expect a slight decline in EPS for FY22, the consensus rating and price targets indicate a bullish sentiment. Investors should closely monitor SNA's performance and consider the company's fundamentals before making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-snap-on-incorporated-sna-stock-position-raised-by-ameriprise-financial-inc-2025-08-23/
[2] https://www.marketbeat.com/instant-alerts/filing-alphaquest-llc-has-184-million-position-in-snap-on-incorporated-sna-2025-08-23/
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