Snap-On IncorporatedNYSE: SNA
Industrials · Industrial Machinery & Supplies & Components
$371.88
+0.02%
Vol: 34K
Research Digest
Friday, June 19, 2026
Snap-on acquires Diesel Laptops for ~$100M, expanding into heavy-duty commercial truck diagnostics.
Snap-on closed its acquisition of Diesel Laptops, LLC on June 8, 2026, for approximately $100 million in cash. Diesel Laptops, based in Irmo, South Carolina, specializes in diagnostics, repair information, and digital solutions for commercial trucks and off-highway vehicles serving heavy-duty repair shops, fleets, and equipment customers in mining, agriculture, and infrastructure. The deal broadens Snap-on's addressable market beyond automotive repair into the large and fragmented commercial vehicle service sector. Separately, Snap-on declared a quarterly dividend of $2.44/share payable June 10, 2026, continuing 16 consecutive years of dividend increases, and authorized a new $500 million share repurchase program. The key risk is integration complexity and proving out revenue synergies in the heavy-duty segment.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Snap-on acquires UK's Hi-Force Hydraulic Tools for $58M and authorizes $500M buyback alongside $2.44 dividendPositive▶
On May 5, 2026, Snap-on announced the acquisition of UK-based Hi-Force Group, a manufacturer of high-force hydraulic tools, for $58M to expand its industrial tools portfolio. The company declared a $2.44 cash dividend (ex-date May 20) and authorized a new $500M share repurchase. Q1 2026 sales hit a record $1.207B (up 5.8% YoY) with diluted EPS of $4.69, though organic revenue growth disappointed some analysts. Management presented at the Oppenheimer Industrial Growth Conference on May 6. Risk: flat earnings trajectory and broader auto-aftermarket softness continue to weigh on the bull case.
May 20Snap-on goes ex-dividend May 20 on $2.44 quarterly payout after Q1 record sales and Hi-Force acquisitionPositive▶
Snap-on shares trade ex-dividend on May 20, 2026 on a $2.44 quarterly cash dividend payable June 10. Q1 2026 sales hit a record $1.207B (+5.8% YoY) with adjusted EPS climbing to $4.69, driven by strong growth in C&I and Tools segments and robust gross margins despite currency and tariff headwinds. The company acquired Hi-Force Group for $58M to strengthen its industrial tools portfolio, and continues to project about $100M in 2026 capital spending. Following Q1, Roth Capital raised its price target to $431 from $409 (Buy) and Baird lifted its target to $395 from $380 (Neutral). Despite the record top-line, some analysts have flagged flat earnings momentum and disappointing organic revenue growth as concerns.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Snap-on acquired UK-based Hi-Force Hydraulic Tools on May 5 alongside a $500M buyback authorization and continued quarterly dividend.Positive▶
Snap-on announced on May 5, 2026 that it acquired Hi-Force Hydraulic Tools, a UK-based manufacturer of high-force hydraulic tools used in industrial settings, to extend its reach in specialized industrial applications. The board authorized a new $500 million share repurchase program and declared the regular quarterly dividend on April 30. Q1 2026 diluted EPS was $4.69 with sales growth of 5.8% to $1.2 billion (3.4% organic), though margins compressed 50 bps to 20.8% due to currency and higher costs. SNA shares traded at $359.65 on May 15 with a market cap of $18.98 billion, P/E of 18.93, and 2.5% dividend yield. Average analyst rating is Buy with a 12-month price target of $376.80. Bank Julius Baer Zurich lowered its position by 29.2% in Q4 per a recent 13F filing.
May 15Snap-on CFO Pagliari sold 5,713 shares for $2.1M on May 14 with stock at $366-$371 and dividend of $2.44 with May 20 ex-date and $500M new buybackNeutral▶
Snap-on (SNA) stock traded between $365.66 and $370.73 on May 15, 2026, with the company priced at $366.37 and a market cap of $18.98B (P/E 18.93, dividend yield 2.5%). CFO Aldo John Pagliari sold 5,713 shares on May 14, 2026 at an average price of $367.19 for a total of $2,097,756. The board declared a $2.44 quarterly dividend payable June 10, 2026 to shareholders of record May 20, 2026 (ex-date May 20), with a new $500M share repurchase authorization replacing a prior program that had about $230M remaining. The company recently acquired Hi-Force Group Holdings for $58M, expanding industrial tool offerings. Q1 2026 EPS of $4.69 missed estimates of $4.74 by 1.05%. The Seeking Alpha analyst community maintains a Hold rating for 2026 given a mixed near-term outlook in the franchisee channel even as the industrial group remains a relative strength.
May 14Snap-on declares $2.44 dividend with May 20 ex-date and announces $58M Hi-Force Group acquisitionNeutral▶
Snap-on declared a $2.44 cash dividend with a May 20 ex-date. The company recently acquired Hi-Force Group Holdings for $58M, expanding its industrial tool offerings particularly in high-pressure hydraulic tools. Q1 2026 EPS of $4.69 missed estimates of $4.74 by 1.05%, though sales grew 5.8% to $1.2B (3.4% organic, balance currency). Market cap stands at $19.57B with stock at $366.60. Average analyst rating remains Buy with consensus 12-month PT of $376.80. Risk: weakness in tools group franchisee originations and macro headwinds in the auto repair channel.
May 13Snap-on acquired Hi-Force Group Holdings for $58 million and raised its quarterly dividend to $2.44; Q1 EPS of $4.69 slightly missed $4.74 estimate as organic growth concerns linger.Mixed▶
Snap-on completed the $58M acquisition of Hi-Force Group Holdings to expand its tools business, while declaring a $2.44 quarterly dividend payable to holders of record May 20. Q1 2026 EPS of $4.69 narrowly missed the $4.74 estimate, with sales up 5.8% to $1.2B (3.4% organic, rest FX-related). Margins compressed 50 bps to 20.8% on FX and higher costs. Roth MKM reaffirmed Buy with a $431 PT. Market cap stands at $19.57B.
May 12Snap-on acquired Hi-Force Group for $58M, raised quarterly dividend to $2.44, while Q1 2026 EPS of $4.69 missed by $0.05 and Baird raised PT to $395.Mixed▶
Snap-on completed the acquisition of Hi-Force Group Holdings for $58 million to expand its industrial hydraulic tools portfolio. The Board raised the quarterly dividend to $2.44 per share (record May 20; ~$9.76 annualized; 2.5% yield). Q1 2026 EPS of $4.69 missed the $4.74 consensus by ~1%, with sales growth of 5.8% to $1.2B (3.4% organic) and margins compressing 50bps to 20.8% due to FX and higher costs. Despite the miss, Roth MKM reaffirmed Buy with a $431 target and Robert W. Baird raised its PT to $395 from $380. Analyst consensus rating remains Buy with an average 12-month target of $376.80.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| SNASNAP | $371.88 | +0.02% | +0.6% | 17.4x | 0.71 | $19.2B |
| PHPARKER | $973.69 | +0.92% | +0.7% | 24.6x | 1.12 | $121.7B |
| ITWILLINOIS | $273.75 | +1.21% | +1.1% | 21.8x | 1.00 | $77.0B |
| GWWWW | $1,271.58 | +0.23% | -0.7% | 24.9x | 1.03 | $59.8B |
| IRINGERSOLL | $75.93 | +2.81% | +2.1% | 18.9x | 1.15 | $28.7B |
| OTISOTIS | $68.32 | +0.35% | +2.2% | 15.0x | 0.88 | $25.9B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price between 50d and 200d. Testing 50d support.