Snap-on
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: 13,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 72
1.19% more ownership
Funds ownership: 90.85% [Q4 2024] → 92.03% (+1.19%) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 322
1% more funds holding
Funds holding: 931 [Q4 2024] → 940 (+9) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 11 [Q4 2024] → 11 (+0) [Q1 2025]
1% less capital invested
Capital invested by funds: $16.2B [Q4 2024] → $16.1B (-$90.2M) [Q1 2025]
12% less call options, than puts
Call options by funds: $20.3M | Put options by funds: $23M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barrington Research Gary Prestopino | 13%upside $350 | Outperform Maintained | 19 May 2025 |
Baird Luke Junk | 3%upside $320 | Neutral Maintained | 21 Apr 2025 |
Longbow Research David Macgregor | 29%upside $400 | Buy Upgraded | 31 Mar 2025 |
Financial journalist opinion









