SharkNinja, Inc. $SN Shares Purchased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its holdings in SharkNinja, Inc. (NYSE:SN) by 45.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,667 shares of the company’s stock after purchasing an additional 4,887 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in SharkNinja were worth $1,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. acquired a new stake in shares of SharkNinja in the 3rd quarter valued at approximately $29,000. TFC Financial Management Inc. acquired a new position in SharkNinja during the third quarter worth $55,000. EverSource Wealth Advisors LLC raised its position in SharkNinja by 2,071.9% in the second quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after acquiring an additional 663 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in SharkNinja in the third quarter valued at $97,000. Finally, Allworth Financial LP lifted its holdings in SharkNinja by 495.5% in the second quarter. Allworth Financial LP now owns 1,840 shares of the company’s stock valued at $182,000 after acquiring an additional 1,531 shares during the period. 34.77% of the stock is owned by hedge funds and other institutional investors.

SharkNinja Trading Up 1.0%

Shares of SN stock opened at $112.52 on Wednesday. The stock has a market cap of $15.89 billion, a P/E ratio of 22.78, a P/E/G ratio of 1.49 and a beta of 1.39. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.26. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $133.99. The business has a fifty day simple moving average of $121.32 and a 200-day simple moving average of $109.49.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 EPS. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. On average, analysts forecast that SharkNinja, Inc. will post 4.52 earnings per share for the current fiscal year.

Insider Transactions at SharkNinja

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of SharkNinja stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the transaction, the chief financial officer owned 8,673 shares in the company, valued at approximately $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 price target on shares of SharkNinja in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $160.00 price objective on shares of SharkNinja in a research note on Thursday, February 12th. Oppenheimer boosted their price objective on shares of SharkNinja from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. JPMorgan Chase & Co. upped their target price on shares of SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, Bank of America increased their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, SharkNinja presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.78.

SharkNinja Profile

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.