Creative Planning Boosts Holdings in Shake Shack, Inc. $SHAK

Creative Planning raised its holdings in shares of Shake Shack, Inc. (NYSE:SHAK) by 14.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,626 shares of the company’s stock after buying an additional 1,986 shares during the period. Creative Planning’s holdings in Shake Shack were worth $2,197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Oppenheimer Asset Management Inc. purchased a new position in Shake Shack during the second quarter valued at $222,000. Cooper Investors PTY Ltd. increased its position in Shake Shack by 17,729.9% in the second quarter. Cooper Investors PTY Ltd. now owns 89,506 shares of the company’s stock worth $12,585,000 after buying an additional 89,004 shares in the last quarter. Glenview Trust co bought a new position in shares of Shake Shack in the first quarter worth about $602,000. CWM LLC lifted its position in shares of Shake Shack by 86.5% during the 2nd quarter. CWM LLC now owns 4,563 shares of the company’s stock valued at $642,000 after buying an additional 2,117 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Shake Shack by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 914,533 shares of the company’s stock valued at $128,600,000 after acquiring an additional 13,932 shares during the period. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Shake Shack Stock Performance

SHAK opened at $86.97 on Wednesday. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 85.27, a PEG ratio of 2.25 and a beta of 1.69. Shake Shack, Inc. has a fifty-two week low of $72.93 and a fifty-two week high of $144.65. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.81 and a current ratio of 1.84. The company has a fifty day moving average of $92.49 and a 200 day moving average of $111.13.

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

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Wells Fargo & Company decreased their target price on shares of Shake Shack from $125.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 16th. Bank of America restated an “underperform” rating and set a $86.00 price objective (down from $148.00) on shares of Shake Shack in a research report on Monday, October 6th. Barclays lowered their target price on shares of Shake Shack from $160.00 to $115.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Loop Capital upgraded Shake Shack from a “hold” rating to a “buy” rating and increased their price target for the stock from $98.00 to $127.00 in a research note on Friday, November 14th. Finally, Robert W. Baird lowered their price objective on Shake Shack from $127.00 to $104.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $120.52.

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.