151,845 Shares in MarineMax, Inc. $HZO Acquired by Gagnon Advisors LLC

Gagnon Advisors LLC bought a new position in MarineMax, Inc. (NYSE:HZO) in the third quarter, Holdings Channel.com reports. The fund bought 151,845 shares of the specialty retailer’s stock, valued at approximately $3,846,000. MarineMax accounts for 2.4% of Gagnon Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds also recently modified their holdings of the company. Levin Capital Strategies L.P. lifted its holdings in shares of MarineMax by 44.5% in the second quarter. Levin Capital Strategies L.P. now owns 734,279 shares of the specialty retailer’s stock valued at $18,460,000 after buying an additional 225,992 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in MarineMax in the 2nd quarter valued at about $392,000. Permanent Capital Management LP bought a new position in shares of MarineMax during the 3rd quarter valued at about $1,072,000. Corient Private Wealth LLC bought a new position in shares of MarineMax during the 2nd quarter valued at about $2,777,000. Finally, Private Management Group Inc. grew 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 worth $14,662,000 after purchasing an additional 24,124 shares during the last quarter. 92.85% of the stock is currently owned by institutional investors and hedge funds.

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

MarineMax Stock Down 8.2%

Shares of MarineMax stock opened at $24.66 on Friday. MarineMax, Inc. has a 1 year low of $16.85 and a 1 year high of $31.51. The company has a market cap of $543.15 million, a P/E ratio of -15.91 and a beta of 1.65. The company has a current ratio of 1.20, a quick ratio of 0.32 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average price of $25.56 and a 200 day moving average price of $25.26.

MarineMax (NYSE:HZO) last issued its earnings results on Thursday, January 29th. The specialty retailer reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.09). The business had revenue of $505.18 million during the quarter, compared to analyst estimates of $481.67 million. MarineMax had a negative net margin of 1.37% and a positive return on equity of 2.00%. MarineMax’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. As a group, analysts expect that MarineMax, Inc. will post 2.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d)” rating on shares of MarineMax in a report on Thursday, January 22nd. Truist Financial raised their price objective on MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Citigroup reaffirmed a “buy” rating on shares of MarineMax in a research report on Wednesday, January 14th. Loop Capital initiated coverage on MarineMax in a report on Monday, December 22nd. They set a “buy” rating and a $29.00 target price for the company. Finally, Zacks Research raised MarineMax from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, MarineMax presently has a consensus rating of “Moderate Buy” and an average price target of $30.00.

MarineMax Profile

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.