SharkNinja, Inc. $SN Shares Purchased by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. lifted its stake in shares of SharkNinja, Inc. (NYSE:SN) by 84.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 306,133 shares of the company’s stock after acquiring an additional 139,858 shares during the period. SharkNinja accounts for approximately 0.6% of Waratah Capital Advisors Ltd.’s portfolio, making the stock its 14th biggest holding. Waratah Capital Advisors Ltd. owned 0.22% of SharkNinja worth $31,578,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SN. Geneos Wealth Management Inc. acquired a new position in SharkNinja during the 3rd quarter worth approximately $29,000. TFC Financial Management Inc. acquired a new stake in shares of SharkNinja during the 3rd quarter valued at approximately $55,000. EverSource Wealth Advisors LLC lifted its position in shares of SharkNinja by 2,071.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after buying an additional 663 shares during the last quarter. CWM LLC boosted its stake in SharkNinja by 656.7% in the second quarter. CWM LLC now owns 787 shares of the company’s stock valued at $78,000 after acquiring an additional 683 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in SharkNinja during the 3rd quarter valued at approximately $97,000. Institutional investors and hedge funds own 34.77% of the company’s stock.

SharkNinja Trading Up 3.1%

NYSE:SN opened at $127.89 on Wednesday. The business’s 50-day moving average price is $120.53 and its two-hundred day moving average price is $109.52. SharkNinja, Inc. has a 1-year low of $60.50 and a 1-year high of $133.99. The firm has a market capitalization of $18.05 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 1.65 and a beta of 1.41. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 32.30%. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the prior year, the firm earned $1.40 earnings per share. The business’s quarterly revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, equities analysts expect that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on SN. Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 target price on shares of SharkNinja in a report on Wednesday, February 11th. Oppenheimer raised their target price on SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, February 13th. TD Cowen restated a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Bank of America upped their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Guggenheim lifted their target price on SharkNinja from $140.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $145.78.

About SharkNinja

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.