SNA stock icon

Snap-on
SNA

$274.78
0.01%

Market Cap: 14.5B

 

About: Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through a franchisee-operated mobile van network that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Employees: 13,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1.53% more ownership

Funds ownership: 76.94% [Q4 2023] → 78.47% (+1.53%) [Q1 2024]

5% more capital invested

Capital invested by funds: $12.9B [Q4 2023] → $13.5B (+$584M) [Q1 2024]

0% more funds holding

Funds holding: 837 [Q4 2023] → 837 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 85

1% less repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 304

10% less funds holding in top 10

Funds holding in top 10: 10 [Q4 2023] → 9 (-1) [Q1 2024]

45% less call options, than puts

Call options by funds: $47.4M | Put options by funds: $86.7M

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$275
0%
upside
Avg. target
$315
15%
upside
High target
$336
22%
upside

14 analyst ratings

11 positive
79%
neutral
14%
negative
7%
Barrington Research
Gary Prestopino
18%upside
$325
Outperform
Maintained
19 Jul 2024
Roth MKM
Scott Stember
18%upside
$324
Buy
Reiterated
16 Jul 2024
Barrington Research
Gary Prestopino
18%upside
$325
Outperform
Maintained
16 Jul 2024
Baird
Luke Junk
0%upside
$275
Neutral
Maintained
12 Jul 2024
Barrington Research
Gary Prestopino
18%upside
$325
Outperform
Maintained
22 May 2024

Financial journalist opinion

Based on 10 articles about SNA published over the past 30 days