Snap-On IncorporatedNYSE: SNA
Industrials · Industrial Machinery & Supplies & Components
$392.38
+8.30%
Vol: 12K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 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.
May 11Snap-on declared $2.44 quarterly dividend and Roth MKM reaffirmed Buy at $431 after Q1 EPS slightly missed.Mixed▶
Snap-on reported Q1 2026 EPS of $4.69, missing the $4.74 estimate by 1.05%, though net earnings rose to $247.0M from $240.5M and Snap-on Tools margin improved to 21.6%. Capital spending still projected at ~$100M for 2026. Stockholders of record May 20 will receive a $2.44 dividend ($9.76 annualized, ~2.5% yield). Roth MKM reaffirmed a Buy with $431 PT; Baird raised its PT to $395 from $380. Five-analyst consensus rates Buy with 12-month average PT of $376.80. Shares are at $370.67 with market cap of $19.2B and P/E of 19.95.
May 8Snap-On acquired Hi-Force for $58M to expand torque tools; CEO sold $8.8M in shares; dividend raised 14% to $2.44.Positive▶
Snap-On announced acquisition of Hi-Force Group Holdings Ltd., which designs high-pressure hydraulic tools and torque equipment, expanding offerings in oil & gas, power, railways, mining, and heavy engineering. The Board raised quarterly dividend by 14% to $2.44 per share (record date May 20). On May 5, CEO Nicholas Pinchuk sold 23,396 shares at $375.77 average price for $8.8M in insider selling. April 2026 sales grew 5.8% to $1.2B with 3.4% organic growth, but margins compressed 50 bps to 20.8%. Roth MKM reaffirmed Buy on April 24 ($431 PT), Baird raised target to $395 from $380. Consensus rating is Buy with price target of $376.8.
May 7Snap-on reports Q1 2026 EPS of $4.69 missing estimates by 1% and acquires Hi-Force Group for $58M on April 30, 2026.Mixed▶
Snap-on delivered Q1 2026 results with $1.272B in sales (up 5.8%, a first-quarter record) and EPS of $4.69, slightly missing the $4.74 consensus. The company acquired Hi-Force Group Holdings Ltd. for approximately $58M in cash to expand torque tools and tensioning capabilities for industrial markets (oil, power, rail, mining). Snap-on Tools margin improved to 21.6%, though tariffs and rising material costs pressured gross margins.
May 6Snap-on acquires Hi-Force for $58M to expand torque tools; CEO sells $8.8M in stockNeutral▶
Snap-on announced acquisition of Hi-Force Holdings Ltd. for approximately $58 million on April 30. Acquisition expands torque tool offerings across oil & gas, power generation, railways, mining and heavy engineering. CEO Nicholas Pinchuk exercised 33,750 stock options and sold 23,396 shares for $8.8 million on May 5. Declared quarterly dividend and $500 million share repurchase authorization. Q1 earnings forecast $4.68 EPS on $1.18 billion revenue. Stock delivered 24% return over past year but may be overvalued at current levels.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| SNASNAP | $392.38 | +8.30% | -0.3% | 17.0x | 0.74 | $18.8B |
| PHPARKER | $929.61 | +7.50% | +0.7% | 25.4x | 1.18 | $109.0B |
| ITWILLINOIS | $261.80 | +4.75% | +0.2% | 20.5x | 1.05 | $71.9B |
| GWWWW | $1,317.46 | +6.31% | -2.0% | 24.6x | 1.04 | $58.5B |
| DOVDOVER | $222.33 | +7.01% | -1.4% | 17.9x | 1.21 | $28.0B |
| IRINGERSOLL | $77.46 | +10.22% | +0.4% | 18.3x | 1.25 | $27.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.