Acuitas Investments LLC Sells 85,384 Shares of MarineMax, Inc. $HZO

Acuitas Investments LLC lessened its holdings in shares of MarineMax, Inc. (NYSE:HZO) by 81.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,897 shares of the specialty retailer’s stock after selling 85,384 shares during the quarter. Acuitas Investments LLC owned approximately 0.09% of MarineMax worth $504,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Levin Capital Strategies L.P. raised its stake in MarineMax by 44.5% in the second quarter. Levin Capital Strategies L.P. now owns 734,279 shares of the specialty retailer’s stock worth $18,460,000 after buying an additional 225,992 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of MarineMax during the 2nd quarter worth approximately $392,000. Permanent Capital Management LP bought a new position in shares of MarineMax in the 3rd quarter worth approximately $1,072,000. Corient Private Wealth LLC purchased a new position in shares of MarineMax in the 2nd quarter valued at approximately $2,777,000. Finally, Private Management Group Inc. lifted its stake in shares of MarineMax by 4.3% in the 2nd quarter. Private Management Group Inc. now owns 583,220 shares of the specialty retailer’s stock valued at $14,662,000 after purchasing an additional 24,124 shares during the period. Institutional investors own 92.85% of the company’s stock.

Key MarineMax News

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: Revenue and same‑store sales beat/grew — MarineMax reported $505.2M in Q1 revenue (above estimates) and same‑store sales rose over 10%, showing continued demand. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Inventory reduction improves balance sheet/working capital — inventories were down ~$167M year‑over‑year at quarter end, which should help cash flow and reduce carrying costs. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: Gross profit margin remains positive but faces pressure — Q1 gross margin was 31.8%; that level is healthy but management says promotional activity compressed profitability. Business Wire: MarineMax Q1 results
• Negative Sentiment: EPS missed expectations — MarineMax reported a loss of $0.21 per share vs. the consensus loss of $0.12, reversing from positive EPS a year ago; this earnings miss is the main driver of the selloff. Zacks: MarineMax Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Promotional activity compressed margins — management and analysts noted increased promotions to drive sales, which boosted revenue but reduced net margin and led to a reported loss. Seeking Alpha: MarineMax reports a loss as promotional activity weighs on margins
• Negative Sentiment: Market reaction — coverage and call transcripts highlight the EPS miss and margin concerns; shares are trading down on higher-than-normal volume as short‑term sentiment tilts negative. Yahoo Finance: Why MarineMax (HZO) Stock Is Falling Today

Wall Street Analysts Forecast Growth

HZO has been the subject of a number of research reports. Zacks Research upgraded MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Citigroup reiterated a “buy” rating on shares of MarineMax in a research note on Wednesday, January 14th. Wall Street Zen raised shares of MarineMax from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Truist Financial upped their price objective on shares of MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of MarineMax in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.00.

MarineMax Trading Down 8.2%

NYSE:HZO opened at $24.66 on Friday. The stock has a market cap of $543.15 million, a price-to-earnings ratio of -15.91 and a beta of 1.65. The company has a quick ratio of 0.32, a current ratio of 1.20 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average price is $25.56 and its 200-day moving average price is $25.26. MarineMax, Inc. has a 52 week low of $16.85 and a 52 week high of $31.51.

MarineMax (NYSE:HZO) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The business had revenue of $505.18 million during the quarter, compared to the consensus estimate of $481.67 million. MarineMax had a negative net margin of 1.37% and a positive return on equity of 2.00%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. On average, equities research analysts forecast that MarineMax, Inc. will post 2.41 earnings per share for the current fiscal year.

About MarineMax

MarineMax, Inc is a publicly traded company on the New York Stock Exchange under the ticker HZO and is one of the largest recreational boat and yacht retailers in the United States. The company markets new and used motor yachts, sailing yachts, sport boats and personal watercraft, acting as an authorized dealer for leading manufacturers. In addition to boat sales, MarineMax provides service and maintenance, parts and accessory sales, training and education, and marina operations.

Operating through a network of sales centers, service facilities and marinas, MarineMax serves coastal and inland markets across the continental U.S.