Snap-on
About: Snap-on is a manufacturer of premium tools, equipment, and diagnostics for professional technicians, primarily involved in the repair of passenger cars, but has expanded into other industrial applications. The company's legacy business is selling hand tools through franchisee-operated mobile vans to technicians who purchase the tools at their own expense. The company also operates a commercial and industrial business, focusing on repair facilities that serve other industries. The third segment, repair systems and information, targets auto OEMs and large dealerships more directly, also offering substantial diagnostic solutions to aid in repairs. The company's finance arm provides financing to franchisees to support their operations, as well as underwrites end-customer purchases.
Employees: 13,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
88% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $13.1M
21% more repeat investments, than reductions
Existing positions increased: 381 | Existing positions reduced: 315
0.19% less ownership
Funds ownership: 92.59% [Q1] → 92.4% (-0.19%) [Q2]
9% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 90
2% less funds holding
Funds holding: 952 [Q1] → 929 (-23) [Q2]
7% less capital invested
Capital invested by funds: $16.2B [Q1] → $15B (-$1.21B) [Q2]
36% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 7 (-4) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
|
Tigress Financial
Ivan Feinseth
|
$395
|
Buy
Maintained
|
29 Aug 2025 |
|
Barrington Research
Gary Prestopino
|
$350
|
Outperform
Maintained
|
18 Jul 2025 |
|
B of A Securities
Elizabeth Suzuki
|
$285
|
Underperform
Maintained
|
18 Jul 2025 |
|
Baird
Luke Junk
|
$347
|
Neutral
Maintained
|
18 Jul 2025 |
Financial journalist opinion
