Snap-On Incorporated $SNA Shares Bought by Gibbs Wealth Management

Posted by Renee Jackson on Jul 24th, 2026

Gibbs Wealth Management grew its position in shares of Snap-On Incorporated (NYSE:SNA – Free Report) by 528.6% in the first quarter, Holdings Channel reports. The institutional investor owned 4,293 shares of the company’s stock after buying an additional 3,610 shares during the period. Gibbs Wealth Management’s holdings in Snap-On were worth $1,559,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Snap-On during the 4th quarter worth $25,000. DV Equities LLC purchased a new stake in Snap-On during the fourth quarter worth about $25,000. Montag A & Associates Inc. boosted its holdings in Snap-On by 331.8% during the fourth quarter. Montag A & Associates Inc. now owns 95 shares of the company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Quattro Advisors LLC acquired a new position in Snap-On during the fourth quarter worth about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Snap-On by 36.4% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 105 shares of the company’s stock valued at $36,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 84.88% of the company’s stock.

Snap-On Price Performance

Snap-On stock opened at $396.15 on Friday. The stock has a market capitalization of $20.52 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.86 and a beta of 0.73. Snap-On Incorporated has a 12-month low of $312.78 and a 12-month high of $419.68. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.53 and a quick ratio of 2.74. The firm’s 50-day moving average is $388.68 and its two-hundred day moving average is $378.21.

Snap-On (NYSE:SNA – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $4.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.95 by $0.01. Snap-On had a net margin of 21.28% and a return on equity of 17.13%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm posted $4.72 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities analysts predict that Snap-On Incorporated will post 19.7 earnings per share for the current year.

Snap-On Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a dividend of $2.44 per share. This represents a $9.76 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Wednesday, May 20th. Snap-On’s dividend payout ratio is currently 50.39%.

Snap-On declared that its Board of Directors has approved a stock repurchase program on Thursday, April 30th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to buy up to 2.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

SNA has been the topic of several research analyst reports. Robert W. Baird boosted their price target on Snap-On from $380.00 to $395.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Snap-On in a report on Friday, July 17th. Roth Capital reissued a “buy” rating and issued a $431.00 target price on shares of Snap-On in a report on Thursday. Finally, Barclays started coverage on Snap-On in a research report on Thursday, May 28th. They issued an “overweight” rating and a $420.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Snap-On currently has an average rating of “Moderate Buy” and an average price target of $408.20.

View Our Latest Stock Analysis on SNA

Insiders Place Their Bets

In related news, CEO Nicholas T. Pinchuk sold 23,396 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $375.77, for a total transaction of $8,791,514.92. Following the transaction, the chief executive officer directly owned 856,918 shares in the company, valued at approximately $322,004,076.86. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 Snap-On stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $405.92, for a total value of $811,840.00. Following the completion of the sale, the vice president owned 4,529 shares of the company’s stock, valued at $1,838,411.68. This trade represents a 30.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,117 shares of company stock worth $14,003,922 over the last ninety days. Company insiders own 3.80% of the company’s stock.

Trending Headlines about Snap-On

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

Positive Sentiment: Snap-on beat Q2 earnings expectations, reporting $4.96 per share versus estimates of about $4.95, and revenue of $1.24 billion, ahead of consensus. Organic sales rose 3%, helped by acquisitions and currency tailwinds. Article: Snap-on Q2 Earnings & Revenues Beat Estimates, Organic Sales Rise 3%
Positive Sentiment: Roth Capital reaffirmed its Buy rating on Snap-on and set a $431 price target, implying additional upside from current levels. Article: Roth Capital rating update via Benzinga
Neutral Sentiment: Investor attention is centered on the earnings call transcript and management commentary for clues about demand trends, margins, and the outlook for the second half of the year. Article: Snap-on Incorporated (SNA) Q2 2026 Earnings Call Transcript
Negative Sentiment: Despite the earnings beat, some reports noted that sales were below the highest analyst expectations, suggesting the market may be reacting more to revenue quality than to the EPS beat. Article: Snap-on reports sales below analyst estimates in Q2 CY2026 earnings

About Snap-On

(Free Report)

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.