1,582 Shares in Shake Shack, Inc. $SHAK Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new position in Shake Shack, Inc. (NYSE:SHAK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,582 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new position in Shake Shack during the second quarter valued at approximately $31,000. Parallel Advisors LLC boosted its holdings in Shake Shack by 679.4% in the 2nd quarter. Parallel Advisors LLC now owns 265 shares of the company’s stock valued at $37,000 after purchasing an additional 231 shares during the period. Geneos Wealth Management Inc. bought a new position in Shake Shack in the 1st quarter valued at $26,000. SRH Advisors LLC bought a new position in Shake Shack in the 1st quarter valued at $44,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in Shake Shack in the 1st quarter valued at $48,000. 86.07% of the stock is owned by institutional investors.

Shake Shack Trading Up 5.8%

Shares of SHAK opened at $96.65 on Monday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 94.76, a PEG ratio of 2.38 and a beta of 1.69. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.81 and a current ratio of 1.84. Shake Shack, Inc. has a fifty-two week low of $72.93 and a fifty-two week high of $144.65. The firm has a 50 day moving average price of $96.81 and a 200-day moving average price of $111.33.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. The firm had revenue of $367.41 million during the quarter, compared to analyst estimates of $363.69 million. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.25 EPS. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Shake Shack, Inc. will post 1.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on SHAK. Loop Capital reissued a “hold” rating and issued a $127.00 price target on shares of Shake Shack in a report on Tuesday, July 8th. Morgan Stanley set a $115.00 price target on shares of Shake Shack in a report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Shake Shack in a report on Wednesday, October 8th. Raymond James Financial reissued a “strong-buy” rating and issued a $160.00 price target (down from $165.00) on shares of Shake Shack in a report on Friday, August 1st. Finally, Piper Sandler cut their price target on shares of Shake Shack from $126.00 to $102.00 and set a “neutral” rating for the company in a report on Friday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $121.00.

Shake Shack Profile

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.