Blair William & Co. IL Boosts Stock Position in SharkNinja, Inc. $SN

Blair William & Co. IL grew its position in SharkNinja, Inc. (NYSE:SN) by 26.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 101,231 shares of the company’s stock after purchasing an additional 21,339 shares during the period. Blair William & Co. IL owned approximately 0.07% of SharkNinja worth $10,442,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Versor Investments LP boosted its holdings in shares of SharkNinja by 386.0% in the 3rd quarter. Versor Investments LP now owns 18,921 shares of the company’s stock valued at $1,952,000 after acquiring an additional 15,028 shares during the last quarter. Nixon Capital LLC raised its holdings in shares of SharkNinja by 12.8% during the third quarter. Nixon Capital LLC now owns 159,874 shares of the company’s stock worth $16,491,000 after purchasing an additional 18,184 shares during the last quarter. Eisler Capital Management Ltd. raised its holdings in shares of SharkNinja by 20.3% during the second quarter. Eisler Capital Management Ltd. now owns 39,053 shares of the company’s stock worth $3,866,000 after purchasing an additional 6,592 shares during the last quarter. Hodges Capital Management Inc. lifted its position in SharkNinja by 16.7% during the second quarter. Hodges Capital Management Inc. now owns 284,757 shares of the company’s stock valued at $28,188,000 after purchasing an additional 40,780 shares during the period. Finally, SG Americas Securities LLC acquired a new position in SharkNinja during the third quarter valued at $2,608,000. 34.77% of the stock is currently owned by hedge funds and other institutional investors.

SharkNinja Stock Up 0.3%

SN opened at $111.43 on Tuesday. SharkNinja, Inc. has a fifty-two week low of $60.50 and a fifty-two week high of $133.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04. The company has a fifty day moving average of $121.35 and a two-hundred day moving average of $109.52. The stock has a market capitalization of $15.74 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.48 and a beta of 1.39.

SharkNinja (NYSE:SN) last posted its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 30.71%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the company posted $1.40 EPS. The company’s revenue for the quarter 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, research analysts expect that SharkNinja, Inc. will post 4.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

SN has been the topic of several analyst reports. Morgan Stanley set a $128.00 price target on SharkNinja in a research report on Thursday, February 12th. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. TD Cowen restated a “buy” rating on shares of SharkNinja in a research note on Wednesday, January 14th. JPMorgan Chase & Co. raised their target price on SharkNinja from $126.00 to $142.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $200.00 price target on shares of SharkNinja in a research report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, SharkNinja currently has an average rating of “Moderate Buy” and a consensus price target of $145.78.

Insiders Place Their Bets

In other SharkNinja news, CFO Adam Quigley sold 2,620 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the transaction, the chief financial officer owned 8,673 shares in the company, valued at approximately $991,844.28. This represents a 23.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

SharkNinja Company 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.