Snap-on (SNA)


Market Price (9/23/2026): $371.68 | Market Cap: $19.2 BilInvestor Relations Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Snap-on (SNA)


Market Price (9/23/2026): $371.68
Market Cap: $19.2 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.9%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 5.8%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%

Low stock price volatility
Vol 12M is 20%

Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Automation & Robotics. Themes include Autonomous Driving Technology, Industrial Robotics, Show more.

Weak multi-year price returns
3Y Excs Rtn is -20%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.4

Key risks
SNA key risks include [1] the technological disruption from the automotive industry's shift to electric and autonomous vehicles which threatens its legacy tool business, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.9%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 5.8%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%
3 Low stock price volatility
Vol 12M is 20%
4 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Automation & Robotics. Themes include Autonomous Driving Technology, Industrial Robotics, Show more.
5 Weak multi-year price returns
3Y Excs Rtn is -20%
6 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.4
7 Key risks
SNA key risks include [1] the technological disruption from the automotive industry's shift to electric and autonomous vehicles which threatens its legacy tool business, Show more.

SNA in ETFs

Weight = SNA's share of each fund

SPY0.03%
VOO0.03%
IVV0.03%
VTI0.03%
ITOT0.03%
IWB0.03%
RSP0.19%
VTV0.07%
+29 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/1/2026

Snap-on (SNA) stock has remained largely at the same level since 5/31/2026 because of the following key factors:

1. Robust Fiscal Q2 2026 Financial Performance: Snap-on announced record net sales of $1,235.1 million on July 23, 2026, representing a 4.7% increase from fiscal Q2 2025, with organic sales rising by 3.0%. Diluted earnings per share (EPS) reached $4.96, a 5.1% increase from $4.72 in the prior year, surpassing analyst estimates of $4.95. The Commercial & Industrial segment was a standout, achieving an 11.0% organic sales growth and a record operating margin of 16.8%.

2. Expanded Gross Margins and Strategic Acquisitions: The company's gross margin significantly expanded by 90 basis points to 51.4% in fiscal Q2 2026, driven by increased sales volumes and Rapid Continuous Improvement (RCI) initiatives. Additionally, Snap-on completed strategic acquisitions of Hi-Force Hydraulic Tools in May 2026 and Diesel Laptops in June 2026, which contributed to sales growth and expanded offerings in diagnostics, torque, and heavy-duty solutions.

Show more
Updated on 9/1/2026

Snap-on (SNA) stock has remained largely at the same level since 5/31/2026 because of the following key factors:

1. Robust Fiscal Q2 2026 Financial Performance: Snap-on announced record net sales of $1,235.1 million on July 23, 2026, representing a 4.7% increase from fiscal Q2 2025, with organic sales rising by 3.0%. Diluted earnings per share (EPS) reached $4.96, a 5.1% increase from $4.72 in the prior year, surpassing analyst estimates of $4.95. The Commercial & Industrial segment was a standout, achieving an 11.0% organic sales growth and a record operating margin of 16.8%.

2. Expanded Gross Margins and Strategic Acquisitions: The company's gross margin significantly expanded by 90 basis points to 51.4% in fiscal Q2 2026, driven by increased sales volumes and Rapid Continuous Improvement (RCI) initiatives. Additionally, Snap-on completed strategic acquisitions of Hi-Force Hydraulic Tools in May 2026 and Diesel Laptops in June 2026, which contributed to sales growth and expanded offerings in diagnostics, torque, and heavy-duty solutions.

3. Positive Industrial Market Conditions and Analyst Confidence: The broader Industrials sector demonstrated a clear recovery and entered a new investment cycle in fiscal Q2 2026, with all sectors posting positive equity returns driven by structural forces such as AI infrastructure, electrification, and supply chain reshoring. This favorable macroeconomic environment contributed to Snap-on's performance. Furthermore, analyst sentiment remained positive, with a "Moderate Buy" consensus rating and an average price target of $421.56, implying a 6.1% upside.

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Stock Movement Drivers

Fundamental Drivers

The 0.8% change in SNA stock from 5/31/2026 to 9/22/2026 was primarily driven by a 1.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120269222026Change
Stock Price ($)368.92371.800.8%
Change Contribution By: 
Total Revenues ($ Mil)5,2215,2751.0%
Net Income Margin (%)19.6%19.6%0.0%
P/E Multiple18.718.6-0.6%
Shares Outstanding (Mil)52520.3%
Cumulative Contribution0.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/22/2026
ReturnCorrelation
SNA0.8% 
Market (SPY)2.5%32.3%
Sector (XLI)-1.4%51.4%

Fundamental Drivers

The -2.2% change in SNA stock from 2/28/2026 to 9/22/2026 was primarily driven by a -3.9% change in the company's P/E Multiple.
(LTM values as of)22820269222026Change
Stock Price ($)380.25371.80-2.2%
Change Contribution By: 
Total Revenues ($ Mil)5,1565,2752.3%
Net Income Margin (%)19.7%19.6%-0.6%
P/E Multiple19.418.6-3.9%
Shares Outstanding (Mil)52520.1%
Cumulative Contribution-2.2%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/22/2026
ReturnCorrelation
SNA-2.2% 
Market (SPY)13.3%44.5%
Sector (XLI)-3.4%65.9%

Fundamental Drivers

The 17.4% change in SNA stock from 8/31/2025 to 9/22/2026 was primarily driven by a 12.5% change in the company's P/E Multiple.
(LTM values as of)83120259222026Change
Stock Price ($)316.66371.8017.4%
Change Contribution By: 
Total Revenues ($ Mil)5,0715,2754.0%
Net Income Margin (%)19.7%19.6%-0.6%
P/E Multiple16.518.612.5%
Shares Outstanding (Mil)52521.0%
Cumulative Contribution17.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/22/2026
ReturnCorrelation
SNA17.4% 
Market (SPY)21.2%37.2%
Sector (XLI)13.5%60.6%

Fundamental Drivers

The 49.9% change in SNA stock from 8/31/2023 to 9/22/2026 was primarily driven by a 37.9% change in the company's P/E Multiple.
(LTM values as of)83120239222026Change
Stock Price ($)248.11371.8049.9%
Change Contribution By: 
Total Revenues ($ Mil)4,9945,2755.6%
Net Income Margin (%)19.5%19.6%0.3%
P/E Multiple13.518.637.9%
Shares Outstanding (Mil)53522.5%
Cumulative Contribution49.9%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2023 to 9/22/2026
ReturnCorrelation
SNA49.9% 
Market (SPY)78.3%49.4%
Sector (XLI)64.3%61.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SNA Return29%9%30%21%4%9%151%
Peers Return21%-20%28%-1%6%8%39%
S&P 500 Return27%-19%24%23%16%13%107%

Monthly Win Rates [3]
SNA Win Rate67%50%58%58%58%56% 
Peers Win Rate67%33%58%47%55%51% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
SNA Max Drawdown-21%-15%-15%-13%-18%-11% 
Peers Max Drawdown-13%-35%-20%-21%-27%-20% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SWK, FTV, ITW, DOV, LECO. See SNA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/22/2026 (YTD)

How Low Can It Go

EventSNAS&P 500
2025 US Tariff Shock
  % Loss-14.1%-18.8%
  % Gain to Breakeven16.3%23.1%
  Time to Breakeven147 days79 days
2020 COVID-19 Crash
  % Loss-39.1%-33.7%
  % Gain to Breakeven64.3%50.9%
  Time to Breakeven66 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.8%-19.2%
  % Gain to Breakeven34.8%23.8%
  Time to Breakeven700 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-19.6%-12.2%
  % Gain to Breakeven24.3%13.9%
  Time to Breakeven276 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-29.5%-17.9%
  % Gain to Breakeven41.9%21.8%
  Time to Breakeven128 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-16.9%-15.4%
  % Gain to Breakeven20.3%18.2%
  Time to Breakeven103 days125 days

Compare to SWK, FTV, ITW, DOV, LECO

In The Past

Snap-on's stock fell -14.1% during the 2025 US Tariff Shock. Such a loss loss requires a 16.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSNAS&P 500
2020 COVID-19 Crash
  % Loss-39.1%-33.7%
  % Gain to Breakeven64.3%50.9%
  Time to Breakeven66 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.8%-19.2%
  % Gain to Breakeven34.8%23.8%
  Time to Breakeven700 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-29.5%-17.9%
  % Gain to Breakeven41.9%21.8%
  Time to Breakeven128 days123 days
2008-2009 Global Financial Crisis
  % Loss-55.4%-53.4%
  % Gain to Breakeven124.3%114.4%
  Time to Breakeven400 days1085 days

Compare to SWK, FTV, ITW, DOV, LECO

In The Past

Snap-on's stock fell -14.1% during the 2025 US Tariff Shock. Such a loss loss requires a 16.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Snap-on (SNA)

Snap-on Incorporated is a global manufacturer and marketer of high-quality tools, equipment, diagnostic solutions, and repair information systems. The company primarily caters to professional users across a wide range of demanding industries worldwide. In addition to its product offerings, Snap-on also provides financing programs to facilitate product sales and support its franchise business.

The company's extensive product and service portfolio includes a comprehensive array of hand tools such as wrenches, sockets, and screwdrivers, as well as power tools like cordless, pneumatic, and hydraulic devices. It also offers robust tool storage solutions, including chests and roll cabinets. Beyond physical tools, Snap-on provides advanced diagnostic and information systems, encompassing handheld and computer-based diagnostic products, repair software solutions, electronic parts catalogs, and business management systems for vehicle service shops.

Snap-on further supplies specialized equipment for the service of vehicles and industrial equipment, including wheel alignment systems, tire changers, vehicle lifts, and collision repair equipment. Its primary customers are professional technicians and businesses operating in sectors such as vehicle dealerships and independent repair centers, aviation and aerospace, agriculture, construction, government, military, mining, power generation, and technical education.

AI Analysis | Feedback

Here are 1-3 brief analogies for Snap-on (SNA):

  • Stanley Black & Decker for premium tools and specialized diagnostic equipment used by professional mechanics and industrial technicians.
  • W.W. Grainger focused on providing complete systems of professional tools, diagnostics, and repair equipment for vehicle service and heavy industry.

AI Analysis | Feedback

  • Hand Tools: Traditional manual tools including wrenches, sockets, pliers, screwdrivers, and torque instruments for professional use.
  • Power Tools: A range of cordless, pneumatic, hydraulic, and corded tools designed for various professional applications.
  • Tool Storage Solutions: Products such as tool chests and roll cabinets for organizing and securing professional tools.
  • Diagnostic Systems: Handheld and computer-based diagnostic products and software solutions for vehicles and industrial equipment.
  • Repair Information & Management Systems: Products providing service and repair information, electronic parts catalogs, and business management systems for vehicle service shops.
  • Vehicle & Industrial Equipment Service Equipment: Specialized machinery like wheel aligners, balancers, tire changers, lifts, and collision repair equipment for servicing vehicles and industrial equipment.
  • After-Sales Support & Training: Services that include post-purchase support and training programs for product users.
  • Financial Services: Financing programs offered to facilitate product sales and support the company's franchise business.

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Major Customers of Snap-on (SNA)

Snap-on primarily serves professional users and businesses across various industries, rather than general individual consumers. Its major customers can be categorized as follows:

  • Vehicle Service and Repair Professionals & Centers: This category includes a vast network of professional mechanics, automotive technicians, vehicle dealerships, and independent repair shops. These customers purchase tools, equipment, diagnostics, and information systems for vehicle maintenance and repair.
  • Industrial and Commercial Sector Businesses & Professionals: Snap-on serves a diverse range of industries, including aviation and aerospace, agriculture, construction, government and military, mining, natural resources, and power generation. Within these sectors, the company sells to businesses and the professionals working for them who require specialized tools and equipment for operations and maintenance.
  • Technical Education Institutions: The company provides tools and equipment to schools, colleges, and training centers that offer technical education and vocational training programs, helping to equip the next generation of skilled trade professionals.

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The management team members of Snap-on (SNA) are as follows:

Nicholas T. Pinchuk, Chairman and Chief Executive Officer

Nicholas T. Pinchuk joined Snap-on in 2002. He was named President and Chief Operating Officer in April 2007, Chief Executive Officer in December 2007, and Chairman in April 2009. Prior to joining Snap-on, Mr. Pinchuk held various executive operational and financial management positions at United Technologies Corporation, including President of Global Refrigeration Operations for Carrier Corporation, President of Asia-Pacific Air Conditioning Operations, Vice President of Strategic Planning, and Chief Financial Officer of Carrier International Corporation. Before United Technologies, he held financial and engineering managerial staff positions at Ford Motor Company from 1972 to 1983. He served as an officer in the United States Army in Vietnam from 1970 to 1971. Mr. Pinchuk holds Master's and Bachelor's degrees in Electrical Engineering from Rensselaer Polytechnic Institute and an MBA from Harvard Business School. He previously served as a Director of Columbus McKinnon Corporation.

Aldo J. Pagliari, Senior Vice President – Finance and Chief Financial Officer

Aldo J. Pagliari joined Snap-on in 2002 and was appointed Senior Vice President – Finance and Chief Financial Officer in March 2010. Before his current role, he served as President – Snap-on Equipment Division, where he was responsible for worldwide sales, service, marketing, manufacturing, and product development for the Corporation's Equipment products. He also previously held the position of Senior Vice President – Operations for the Commercial and Industrial Group. Prior to Snap-on, Mr. Pagliari was group controller/director of finance and planning for the Commercial and Industrial Group at United Technologies. At United Technologies, he held several senior posts within the worldwide finance and business development organization, with responsibilities spanning European, Latin American, and Asia-Pacific regions. Mr. Pagliari earned an MBA from Syracuse University and a Bachelor of Science in Mineral Economics from Pennsylvania State University, and he is a certified public accountant.

Jesus Arregui, Senior Vice President and President – Commercial Group

Jesus Arregui serves as the Senior Vice President and President of the Commercial Group at Snap-on.

Eugenio Amador, President – Equipment

Eugenio Amador holds the position of President – Equipment at Snap-on.

Thomas J. Ward, Senior Vice President & President, Repair Systems and Information Group

Thomas J. Ward serves as the Senior Vice President & President, Repair Systems and Information Group for Snap-on.

AI Analysis | Feedback

The key risks to Snap-on's business are primarily driven by technological advancements in the automotive industry, broader economic conditions affecting customer spending, and vulnerabilities within its global supply chain.

1. Technological Disruption and Evolution of the Automotive Repair Market

A significant risk for Snap-on stems from the rapidly evolving automotive repair market, driven by advancements such as vehicle electrification, advanced driver-assistance systems (ADAS), and the increasing prevalence of proprietary original equipment manufacturer (OEM) diagnostic platforms. These technological shifts could fundamentally alter the demand for traditional tools and repair methods, requiring Snap-on to continuously innovate and adapt its product offerings, particularly in its diagnostics and repair information segments. The consolidation of repair networks and potential changes to OEM data-access policies or "right-to-repair" laws also pose challenges by potentially limiting access to critical vehicle data and increasing compliance costs for diagnostic tools.

2. Macroeconomic Uncertainty and Cyclicality of Customer Spending

Snap-on is exposed to risks associated with broader macroeconomic conditions, including inflation, potential recessions, and global economic uncertainties. Economic downturns or uncertainty can lead to a pullback in customer spending, directly impacting the demand for Snap-on's tools and equipment. Furthermore, Snap-on's Financial Services segment plays a crucial role in facilitating sales, and reduced technician financing for large purchases during periods of economic caution can adversely affect both product sales and financing operations.

3. Supply Chain Disruptions and Input Cost Fluctuations

The company faces ongoing risks related to its global supply chain, including potential disruptions caused by geopolitical tensions, trade issues, and natural disasters. These disruptions can lead to production inefficiencies, increased operational costs, and lost revenues. Additionally, Snap-on is exposed to price and supply fluctuations of critical raw materials and components, such as steel, plastics, and electronics. Tightness in the supply of components like electronics and optics can extend lead times for high-end diagnostic and calibration systems, affecting fulfillment and sales timing. Currency fluctuations also present a risk, impacting sourcing costs and overall financial results.

AI Analysis | Feedback

The ongoing and accelerating global shift towards **Electric Vehicles (EVs)** poses a clear emerging threat. A significant portion of Snap-on's market, particularly its "Repair Systems & Information Group" and its offerings for "vehicle dealerships and repair centers," currently relies on the needs of internal combustion engine (ICE) vehicles. EVs have fundamentally different maintenance and repair requirements, with fewer moving parts (e.g., no engine, transmission, exhaust system) and a greater emphasis on high-voltage electrical systems, battery management, and software diagnostics. If Snap-on does not rapidly and effectively pivot its product development, training, and distribution to address the specialized tools, equipment, and diagnostic solutions required for EVs, demand for its traditional ICE-focused offerings could decline significantly, impacting its revenues and market position.

AI Analysis | Feedback

Snap-on Incorporated (SNA) operates in several substantial addressable markets globally and within the U.S. for its core products and services, including hand tools, power tools, tool storage, and automotive diagnostics and repair equipment.

Hand Tools

  • The global hand tools market was valued at approximately USD 24.67 billion in 2024 and is projected to reach USD 34.51 billion by 2033, growing at a compound annual growth rate (CAGR) of 3.8% during the forecast period. Other estimates place the global market at USD 25.00 billion in 2024, expected to reach USD 31.36 billion by 2030 with a CAGR of 3.85%, and USD 26.63 billion in 2024, projected to reach USD 37.48 billion by 2033 with a CAGR of 3.68%.
  • In the U.S., the hand tools market was valued at USD 6.1 billion in 2024 and is anticipated to grow to USD 7.8 billion by 2032, advancing at a CAGR of 3.4% from 2025–2032. Another report estimates the U.S. market at USD 5.46 billion in 2023, expected to reach USD 6.84 billion by 2029 with a CAGR of 3.83%. The industrial segment holds the most significant market share in the U.S. hand tools market.

Power Tools

  • The global power tools market was estimated at USD 69.8 billion in 2024 and is expected to grow to USD 108.1 billion by 2034, exhibiting a CAGR of 4.3% during this period. Another valuation indicates the global market size was USD 40.50 billion in 2024 and is expected to reach USD 63.11 billion by 2032, at a CAGR of 5.70%. The industrial application segment dominated the global market with a significant share of 55.91% in 2026.
  • The U.S. power tools market was valued at USD 11.60 billion in 2024 and is projected to reach USD 15.78 billion by 2033, growing at a CAGR of 3.48% from 2025 to 2033. The industrial segment held a significant share of the U.S. power tools market in 2024.

Tool Storage Products

  • The global tool storage products market was valued at USD 1.7 billion in 2023 and is estimated to grow at a CAGR of over 4.5% from 2024 to 2032. Other estimates include a market size of USD 1.71 billion in 2023, expected to reach USD 2.31 billion by 2029 with a CAGR of 5.14%, and a projection to reach USD 8.2 billion by 2033 from USD 4.2 billion in 2025, at a CAGR of 8.00%.
  • The U.S. tool storage products market dominated the global market with an 82% share in 2023. North America is the dominant market for tool storage products, and the United States is the largest market within North America. The U.S. tool storage products market size is USD 574.64 million in 2025.

Automotive Diagnostic Products and Repair Systems & Information

  • The global automotive diagnostic tools market is forecasted to expand from USD 42.17 billion in 2025 to USD 63.93 billion by 2034, growing at a CAGR of 4.73%. Another source projects the global automotive diagnostic scan tool market size to reach around USD 87.53 billion by 2035 from USD 43.99 billion in 2025, with a CAGR of 6.96%.
  • The United States automotive diagnostic scan tools market was valued at USD 4.99 billion in 2024 and is anticipated to grow to USD 6.24 billion by 2030, at a CAGR of 3.85%.
  • The global automotive repair and maintenance services market was valued at USD 1.1 trillion in 2024 and is projected to hit USD 2.4 trillion by 2034, growing at a CAGR of 7.6%. The mechanical segment was a market leader, accounting for approximately USD 298 billion in revenue in 2024.
  • The U.S. automotive repair and maintenance service market size was valued at USD 183.4 billion in 2023 and is estimated to grow at a CAGR of 10.1% between 2024 and 2032. Mechanical repair and maintenance accounted for 42.67% of the revenue in the U.S. automotive service market in 2025.

Financial Services

Information on the specific addressable market size for Snap-on's financial services, which facilitate the sales of its products and support its franchise business, is not available through the provided search results.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Snap-on (SNA) over the next 2-3 years:
  1. Expansion into Critical Industries and New Geographies: Snap-on plans to expand its professional customer base beyond traditional automotive repair, targeting critical industries such as aviation, aerospace, agriculture, construction, government, military, mining, natural resources, and power generation. The company is also committed to international growth by strengthening its franchise-led presence in North America and expanding direct and distributor channels across Europe, Asia-Pacific, and Latin America.
  2. Product Innovation and Technology Leadership in Diagnostics and Repair Solutions: Snap-on is focused on continuously launching innovative products and software updates, particularly in software-rich diagnostics, Advanced Driver-Assistance Systems (ADAS) calibration, and solutions for electric vehicles (EVs). This strategy leverages recurring software subscriptions and equipment sales, capitalizing on the aging vehicle fleet and the increasing complexity of vehicle repairs.
  3. Strategic Mergers and Acquisitions (M&A): The company strategically uses mergers and acquisitions to bolster its capabilities in key industries, enhance its product offerings, and broaden its market reach. Recent acquisitions, such as Mountz, Inc. and SAVTEQ, Inc., are examples of this strategy aimed at complementing existing portfolios and expanding industry presence.
  4. Strengthening the Franchise Network and Direct/Distributor Channels: Snap-on aims to drive growth by reinforcing its robust direct sales model, which includes its network of franchised dealers with mobile vans. Additionally, the company is focused on enhancing customer services and expanding its reach through direct and distributor channels in various geographies.

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Share Repurchases

  • Snap-on's annual share buybacks were approximately $290 million in 2024 and $294.7 million in 2023.
  • In the fourth quarter of 2025, Snap-on repurchased 227,000 shares of common stock for $80.4 million.
  • Under a buyback plan announced on August 8, 2024, Snap-on repurchased 829,613 shares for $271.9 million as of February 12, 2026.

Share Issuance

  • Snap-on's shares outstanding have consistently declined over the past few years, with 53 million shares outstanding for the quarter ending December 31, 2025, representing a 0.93% decline year-over-year.
  • The number of outstanding common shares was 52,057,343 as of March 2, 2026.

Capital Expenditures

  • Snap-on projects capital expenditures in 2026 to approximate $100 million.
  • For 2025, capital expenditures were projected to be approximately $100 million, with $62.5 million incurred in the first nine months.
  • The primary focus of these expenditures includes leveraging capabilities in automotive repair, expanding the professional customer base in automotive and adjacent markets, and extending into critical industries.

Better Bets vs. Snap-on (SNA)

Peer Outperformance in Industrial Machinery & Supplies & Components

SNA has outperformed 64% of its 72 Industrial Machinery & Supplies & Components peers over 5Y. Among the peers that beat it are NPO, PH and GWW. Industrial Machinery & Supplies & Components ranks 7th of 23 industries in Industrials by median 5Y return.
Share of Industrial Machinery & Supplies & Components constituents that SNA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
55%
of 76 industry peers · 13.1% return
3Y
53%
of 74 industry peers · 57.3% return
5Y
64%
of 72 industry peers · 96.8% return
Industrial Machinery & Supplies & Components peers with revenue growth within 4pp of SNA's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
SNA Snap-on 1.9% 18.6x 13.1%57.3%96.8% —
NPO Enpro 3.6% 143.9x 34.3%154.2%265.1% +168pp
PH Parker Hannifin 4.1% 33.4x 28.0%156.8%254.6% +158pp
GWW W.W. Grainger 5.6% 32.0x 30.6%90.9%231.4% +135pp
FLS Flowserve 5.4% 26.1x 35.5%103.7%135.7% +39pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Industrial Machinery & Supplies & Components is SNA's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 4.9%113.4%189.3% STRL 2263% · CDNL 2216% · FIX 2188%
Marine Transportation 9 75.9%107.9%157.6% HOS 44163% · ASC 540% · MATX 195%
Construction Machinery & Heavy Transportation Equipment 13 5.8%51.3%128.1% CAT 348% · ALSN 247% · WAB 234%
Aerospace & Defense 56 -6.7%74.0%73.2% ATI 1012% · FTAI 956% · HWM 621%
Trading Companies & Distributors 19 8.8%43.2%59.2% DXPE 563% · AIT 295% · WCC 220%
Rail Transportation 7 24.1%55.7%52.3% FSTR 144% · CSX 65% · RAIL 63%
Industrial Machinery & Supplies & Components ← 73 9.4%55.0%38.9% CRS 1184% · PSIX 1105% · EROC 637%
Diversified Support Services 33 11.4%36.2%34.5% LIME 3198% · TH 445% · WLFC 358%
Cargo Ground Transportation 16 35.3%0.2%29.7% XPO 240% · R 228% · CVLG 155%
Electrical Components & Equipment 41 -1.0%62.2%24.6% POWL 2390% · BE 1308% · VRT 957%
Building Products 34 -13.8%1.8%18.9% LMB 638% · GFF 399% · PPIH 291%
Passenger Ground Transportation 3 -31.7%49.9%4.9% UBER 54% · CAR 5% · LYFT -73%
Industrial Conglomerates 17 12.1%9.3%2.7% RCMT 455% · CSW 148% · DD 76%
Agricultural & Farm Machinery 17 2.1%3.8%-5.6% BLBD 191% · DE 114% · GENC 62%
Environmental & Facilities Services 29 -9.4%21.8%-6.3% CECO 958% · ADUR 422% · NVRI 350%
Research & Consulting Services 14 -15.6%-24.4%-12.9% HURN 205% · CRAI 73% · GRNQ 62%
Data Processing & Outsourced Services 6 -33.8%-15.3%-26.3% EXLS 42% · BR 6% · G -25%
Passenger Airlines 11 10.5%22.0%-29.9% LTM 3123% · UAL 143% · SKYW 107%
Office Services & Supplies 9 8.6%13.0%-34.5% PBI 171% · TILE 145% · HNI 52%
Human Resource & Employment Services 22 4.2%-14.1%-37.6% BBSI 84% · ADP 50% · PAYX 21%
Air Freight & Logistics 12 -23.0%-20.9%-39.3% CHRW 90% · FDX 78% · EXPD 59%
Security & Alarm Services 10 -24.5%17.1%-46.6% CIX 161% · MG 127% · NL 75%
Airport Services 3 -73.9%-77.8%-61.5% JOBY -39% · ASLE -62% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SNASWKFTVITWDOVLECOMedian
NameSnap-on Stanley .Fortive Illinois.Dover Lincoln . 
Mkt Price371.8092.1355.95270.47186.54262.99224.76
Mkt Cap19.213.817.077.525.114.418.1
Rev LTM5,27515,2484,31616,4698,4214,4816,848
Op Inc LTM1,3421,3987874,3641,4207851,370
FCF LTM1,1081,2891,0402,9211,1725421,140
FCF 3Y Avg1,0919011,2512,8259395321,015
CFO LTM1,1861,5511,0513,3301,3906881,288
CFO 3Y Avg1,1741,2221,3303,2581,1366541,198

Growth & Margins

SNASWKFTVITWDOVLECOMedian
NameSnap-on Stanley .Fortive Illinois.Dover Lincoln . 
Rev Chg LTM4.0%0.6%5.6%4.3%7.6%9.3%5.0%
Rev Chg 3Y Avg1.9%-2.0%-8.4%0.8%2.6%4.2%1.3%
Rev Chg Q4.2%0.4%7.9%6.1%6.9%12.0%6.5%
QoQ Delta Rev Chg LTM1.0%0.1%1.9%1.5%1.7%3.0%1.6%
Op Inc Chg LTM3.5%38.1%9.4%6.4%11.0%10.5%9.9%
Op Inc Chg 3Y Avg1.6%91.8%-4.4%3.5%4.2%7.1%3.8%
Op Mgn LTM25.4%9.2%18.2%26.5%16.9%17.5%17.9%
Op Mgn 3Y Avg25.7%7.6%16.8%26.3%16.4%17.4%17.1%
QoQ Delta Op Mgn LTM-0.1%1.1%0.6%0.1%0.2%0.1%0.2%
CFO/Rev LTM22.5%10.2%24.4%20.2%16.5%15.3%18.4%
CFO/Rev 3Y Avg22.8%8.0%32.3%20.2%14.2%15.5%17.9%
FCF/Rev LTM21.0%8.5%24.1%17.7%13.9%12.1%15.8%
FCF/Rev 3Y Avg21.2%5.9%30.4%17.6%11.7%12.6%15.1%

Valuation

SNASWKFTVITWDOVLECOMedian
NameSnap-on Stanley .Fortive Illinois.Dover Lincoln . 
Mkt Cap19.213.817.077.525.114.418.1
P/S3.60.93.94.73.03.23.4
P/Op Inc14.39.921.617.817.718.317.7
P/EBIT13.710.521.517.516.518.617.0
P/E18.622.331.824.322.226.023.3
P/CFO16.28.916.223.318.120.917.1
Total Yield7.9%8.1%3.5%6.5%5.6%5.0%6.1%
Dividend Yield2.6%3.6%0.3%2.4%1.1%1.2%1.8%
FCF Yield 3Y Avg6.6%7.2%6.2%3.9%3.5%4.4%5.3%
D/E0.10.30.20.10.10.10.1
Net D/E-0.00.30.20.10.10.10.1

Returns

SNASWKFTVITWDOVLECOMedian
NameSnap-on Stanley .Fortive Illinois.Dover Lincoln . 
1M Rtn-5.5%-7.1%-6.8%-4.2%-7.4%-6.7%-6.7%
3M Rtn-3.0%10.9%-7.2%4.0%-16.3%-2.0%-2.5%
6M Rtn3.7%31.2%2.1%3.3%-13.0%3.9%3.5%
12M Rtn13.1%28.1%16.3%6.3%10.7%11.6%12.4%
3Y Rtn57.3%24.2%-0.4%23.7%36.5%55.0%30.3%
1M Excs Rtn-6.7%-8.3%-7.9%-5.4%-8.5%-7.9%-7.9%
3M Excs Rtn-8.5%5.5%-12.6%-1.4%-21.8%-7.4%-7.9%
6M Excs Rtn-14.1%16.4%-16.8%-13.8%-29.7%-13.3%-13.9%
12M Excs Rtn-3.3%8.8%-0.9%-10.6%-6.5%-4.7%-4.0%
3Y Excs Rtn-19.9%-56.3%-77.1%-53.2%-40.9%-23.2%-47.1%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Snap-on Tools Group1,9651,9892,0892,0721,939
Repair Systems & Information Group1,8771,7981,7811,6671,503
Commercial & Industrial Group1,4581,4771,4581,3991,406
Financial Services0000350
Intersegment eliminations-556-556-598-645-596
Total4,7434,7074,7304,4934,602


Operating Income by Segment
$ Mil20252024202320222021
Repair Systems & Information Group501455433393349
Snap-on Tools Group426447494459411
Financial Services282277270266272
Commercial & Industrial Group218242226198210
Corporate operating expenses-99-76-113  
Corporate   -108-118
Total1,3281,3461,3101,2071,124


Assets by Segment
$ Mil20252024202320222021
Financial Services2,4772,4922,4302,2432,164
Corporate1,9461,6331,2859731,040
Repair Systems & Information Group1,7841,6961,6801,6781,624
Commercial & Industrial Group1,3181,2311,2941,2461,209
Snap-on Tools Group972938942913791
Elimination of intersegment receivables-86-92-86-80-69
Total8,4127,8977,5456,9736,760


Price Behavior

Price Behavior
Market Price$371.80 
Market Cap ($ Bil)19.2 
First Trading Date07/01/1985 
Distance from 52W High-10.8% 
   50 Days200 Days
DMA Price$394.93$374.52
DMA Trendupindeterminate
Distance from DMA-5.9%-0.7%
 3M1YR
Volatility17.8%19.6%
Downside Capture89.9254.89
Upside Capture51.3559.11
Correlation (SPY)30.9%36.9%
SNA Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta0.730.480.460.700.590.74
Up Beta0.68-0.50-0.290.510.500.84
Down Beta0.260.930.730.830.610.62
Up Capture25%53%70%61%57%46%
Bmk +ve Days10213268138427
Stock +ve Days9193564131388
Down Capture186%106%56%86%64%90%
Bmk -ve Days11213259113324
Stock -ve Days12232963120363

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SNA
SNA13.3%19.5%0.51-
Sector ETF (XLI)12.7%17.2%0.5360.4%
Equity (SPY)17.6%13.0%0.9836.8%
Gold (GLD)18.0%29.3%0.5624.2%
Commodities (DBC)46.6%20.7%1.75-25.0%
Real Estate (VNQ)5.2%13.6%0.1241.3%
Bitcoin (BTCUSD)-26.0%44.9%-0.5413.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SNA
SNA14.4%23.7%0.53-
Sector ETF (XLI)12.7%17.6%0.5566.7%
Equity (SPY)13.3%17.2%0.5955.7%
Gold (GLD)18.9%18.8%0.818.4%
Commodities (DBC)10.8%19.6%0.434.8%
Real Estate (VNQ)1.0%18.9%-0.0549.4%
Bitcoin (BTCUSD)12.7%52.6%0.4220.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SNA
SNA12.4%27.1%0.46-
Sector ETF (XLI)13.3%20.0%0.5871.1%
Equity (SPY)15.4%17.9%0.7360.8%
Gold (GLD)12.2%16.4%0.613.5%
Commodities (DBC)8.3%18.1%0.3716.4%
Real Estate (VNQ)4.7%20.7%0.1953.4%
Bitcoin (BTCUSD)64.0%66.2%1.0410.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity3.4 Mil
Short Interest: % Change Since 81520267.6%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest12.4 days
Basic Shares Quantity51.7 Mil
Short % of Basic Shares6.5%

Earnings Returns History

Updated 8/25/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/23/2026-2.6%2.1%-3.1%
4/23/20262.2%-1.0%-4.6%
2/5/2026-3.2%-0.1%-2.2%
10/16/20253.5%3.1%1.1%
7/17/20257.9%5.5%3.7%
4/17/2025-8.0%-6.4%-0.1%
2/6/2025-4.6%-6.0%-3.3%
10/17/202410.0%9.1%20.0%
...
SUMMARY STATS   
# Positive131214
# Negative121311
Median Positive3.0%2.6%7.4%
Median Negative-4.8%-2.6%-3.1%
Max Positive10.0%9.1%23.3%
Max Negative-9.7%-11.4%-9.2%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/23/2026-2.6%2.1%-3.1%
4/23/20262.2%-1.0%-4.6%
2/5/2026-3.2%-0.1%-2.2%
10/16/20253.5%3.1%1.1%
7/17/20257.9%5.5%3.7%
4/17/2025-8.0%-6.4%-0.1%
2/6/2025-4.6%-6.0%-3.3%
10/17/202410.0%9.1%20.0%
7/18/2024-1.9%-2.1%0.1%
4/18/2024-7.7%-3.5%-2.4%
2/8/2024-9.7%-10.6%0.9%
10/19/20230.9%-0.1%9.7%
7/20/2023-7.3%-8.6%-9.2%
4/20/20238.0%6.0%9.7%
2/2/20233.0%0.3%0.6%
10/20/2022-4.9%1.2%9.7%
7/21/20221.9%5.5%12.3%
4/21/2022-0.1%-2.6%-4.4%
2/3/20222.7%1.7%-1.0%
10/21/2021-6.8%-11.4%-4.8%
7/22/2021-1.1%-1.7%-2.9%
4/22/20211.4%0.1%5.2%
2/4/20216.5%6.9%23.3%
10/22/20209.1%-0.4%11.4%
7/31/20200.4%0.6%4.2%
SUMMARY STATS   
# Positive131214
# Negative121311
Median Positive3.0%2.6%7.4%
Median Negative-4.8%-2.6%-3.1%
Max Positive10.0%9.1%23.3%
Max Negative-9.7%-11.4%-9.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202607/23/202610-Q
03/31/202604/23/202610-Q
12/31/202502/12/202610-K
09/30/202510/16/202510-Q
06/30/202507/17/202510-Q
03/31/202504/17/202510-Q
12/31/202402/13/202510-K
09/30/202410/17/202410-Q
06/30/202407/18/202410-Q
03/31/202404/18/202410-Q
12/31/202302/16/202410-K
09/30/202310/19/202310-Q
06/30/202307/20/202310-Q
03/31/202304/20/202310-Q
12/31/202202/09/202310-K
09/30/202210/20/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202607/23/202610-Q
03/31/202604/23/202610-Q
12/31/202502/12/202610-K
09/30/202510/16/202510-Q
06/30/202507/17/202510-Q
03/31/202504/17/202510-Q
12/31/202402/13/202510-K
09/30/202410/17/202410-Q
06/30/202407/18/202410-Q
03/31/202404/18/202410-Q
12/31/202302/16/202410-K
09/30/202310/19/202310-Q
06/30/202307/20/202310-Q
03/31/202304/20/202310-Q
12/31/202202/09/202310-K
09/30/202210/20/202210-Q
06/30/202207/21/202210-Q
03/31/202204/21/202210-Q
12/31/202102/11/202210-K
09/30/202110/21/202110-Q
06/30/202107/22/202110-Q
03/31/202104/22/202110-Q
12/31/202002/11/202110-K
09/30/202010/22/202010-Q
06/30/202007/31/202010-Q
03/31/202004/21/202010-Q
12/31/201902/13/202010-K
09/30/201910/17/201910-Q

Recent Forward Guidance

Updated 7/24/2026

Latest: Q2 2026 Earnings Reported 7/23/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Effective Income Tax RateReported 22.0% -2.2%-0.5%LoweredGuidance: 22.5% for 2026
2026 Capital ExpendituresReported 100.00 Mil 0 AffirmedGuidance: 100.00 Mil for 2026


Prior: Q1 2026 Earnings Reported 4/23/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Effective Income Tax RateReported22.0%22.5%23.0% 0.0%AffirmedGuidance: 22.5% for 2026
2026 Capital ExpendituresReported 100.00 Mil   AffirmedGuidance: 100.00 Mil for 2026

Q4 2025 Earnings Reported 2/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Effective Income Tax RateReported22.0%22.5%23.0% 0Same NewActual: 22.5% for 2025
2026 Capital ExpendituresReported 100.00 Mil 0 Same NewActual: 100.00 Mil for 2025

Q3 2025 Earnings Reported 10/16/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 Effective Income Tax RateReported22.0%22.5%23.0% 0AffirmedGuidance: 22.5% for 2025
2025 Capital ExpendituresReported 100.00 Mil 0 AffirmedGuidance: 100.00 Mil for 2025

Insider Activity

Updated 9/1/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ozolins, Marty VVice President & ControllerDirectSell8262026400.00800320,000610,320Form
2Pinchuk, Nicholas TChairman, President and CEODirectSell8182026399.6922,8899,148,509346,842,754Form
3Pagliari, Aldo JohnSr VP - Finance & CFODirectSell8132026404.255,5312,235,89848,770,185Form
4Lemerand, June CVP & Chief Information OfficerDirectSell8112026413.664,3521,800,261405,898Form
5Boyd, IainVP - Operations DevelopmentDirectSell8062026423.001,878794,3945,745,618Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ozolins, Marty VVice President & ControllerDirectSell8262026400.00800320,000610,320Form
2Pinchuk, Nicholas TChairman, President and CEODirectSell8182026399.6922,8899,148,509346,842,754Form
3Pagliari, Aldo JohnSr VP - Finance & CFODirectSell8132026404.255,5312,235,89848,770,185Form
4Lemerand, June CVP & Chief Information OfficerDirectSell8112026413.664,3521,800,261405,898Form
5Boyd, IainVP - Operations DevelopmentDirectSell8062026423.001,878794,3945,745,618Form
6Chambers, Timothy LSr VP & Pres - ToolsDirectSell7282026419.369,1113,820,7688,900,029Form
7Chambers, Timothy LSr VP & Pres - ToolsDirectSell7172026419.43389163,1578,901,487Form
8Miller, Richard ThomasVP, Gen Counsel & SecretaryDirectSell7012026405.922,000811,8401,838,613Form
9Miller, Richard ThomasVP, Gen Counsel & SecretaryDirectSell6102026389.55427166,3381,763,573Form
10Arregui, JesusSr VP & President - CommercialDirectSell6102026383.924,2511,632,0301,704,232Form
11Pagliari, Aldo JohnSr VP - Finance & CFODirectSell6042026379.271,330504,43044,813,760Form
12Pagliari, Aldo JohnSr VP - Finance & CFODirectSell5142026367.195,7132,097,74243,874,381Form
13Pinchuk, Nicholas TChairman, President and CEODirectSell5052026375.7723,3968,791,429322,000,902Form
14Lemerand, June CVP & Chief Information OfficerDirectSell2252026387.571,378534,0751,128,920Form
15Pinchuk, Nicholas TChairman, President and CEODirectSell2232026383.3623,2298,905,029324,536,689Form
16Pagliari, Aldo JohnSr VP - Finance & CFODirectSell2192026382.057,0432,690,78544,769,900Form
17Chambers, Timothy LSr VP & Pres - ToolsDirectSell2042026385.138,0003,081,0097,502,418Form
18Pagliari, Aldo JohnSr VP - Finance & CFODirectSell12112025352.206,7792,387,56839,407,036Form
19Miller, Richard ThomasVP, Gen Counsel & SecretaryDirectSell12042025348.272,000696,5361,448,235Form
20Pagliari, Aldo JohnSr VP - Finance & CFODirectSell12042025346.803,0911,071,97237,679,613Form
21Miller, Richard ThomasVP, Gen Counsel & SecretaryDirectSell12042025344.701,728595,6481,433,413Form
22Pinchuk, Nicholas TChairman, President and CEODirectSell12022025339.1522,6077,667,200280,262,597Form
23Arregui, JesusSr VP & President - CommercialDirectSell11252025337.283,8311,292,117891,205Form
24Jones, Nathan J DirectSell11132025340.621,000340,6152,075,708Form

Investor Activity (13F)

Updated Sep 23, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Regents Gate Capital LLP$24.4 Mil5.2%36ADD +2584.8%13F
Hamlin Capital Management, LLC$170.8 Mil4.1%30Hold13F
Sprucegrove Investment Management LTD$5.3 Mil0.8%42TRIM -15.6%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Regents Gate Capital LLP$24.4 Mil5.2%36ADD +2584.8%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Sprucegrove Investment Management LTD$5.3 Mil0.8%42TRIM -15.6%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Hamlin Capital Management, LLC$170.8 Mil4.1%30Hold13F
Regents Gate Capital LLP$24.4 Mil5.2%36ADD +2584.8%13F
Sprucegrove Investment Management LTD$5.3 Mil0.8%42TRIM -15.6%13F
Core Cache Last Updated: 9/22/2026