Rhumbline Advisers Has $7.49 Million Holdings in SharkNinja, Inc. $SN

Rhumbline Advisers increased its holdings in SharkNinja, Inc. (NYSE:SN) by 12.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,607 shares of the company’s stock after purchasing an additional 8,121 shares during the period. Rhumbline Advisers’ holdings in SharkNinja were worth $7,489,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of SharkNinja by 21.8% during the 1st quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock worth $5,995,000 after acquiring an additional 12,851 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in SharkNinja in the 1st quarter worth approximately $369,000. Goldman Sachs Group Inc. boosted its position in SharkNinja by 169.4% during the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock worth $42,147,000 after purchasing an additional 317,730 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in SharkNinja by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock valued at $4,238,000 after purchasing an additional 3,632 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in SharkNinja during the first quarter valued at approximately $656,000. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Stock Performance

NYSE SN opened at $130.58 on Friday. The company’s fifty day moving average is $120.05 and its two-hundred day moving average is $109.40. SharkNinja, Inc. has a 52-week low of $60.50 and a 52-week high of $133.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.96 and a quick ratio of 1.26. The firm has a market capitalization of $18.43 billion, a price-to-earnings ratio of 26.43, a P/E/G ratio of 1.74 and a beta of 1.41.

SharkNinja (NYSE:SN) last released its earnings results on Wednesday, February 11th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.15. SharkNinja had a net margin of 10.96% and a return on equity of 32.30%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the company earned $1.40 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Equities research analysts forecast that SharkNinja, Inc. will post 4.52 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on SN. TD Cowen reaffirmed a “buy” rating on shares of SharkNinja in a report on Wednesday, January 14th. Canaccord Genuity Group set a $160.00 target price on shares of SharkNinja in a research report on Thursday, February 12th. Jefferies Financial Group restated a “buy” rating and set a $200.00 price target on shares of SharkNinja in a report on Wednesday, February 11th. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Cantor Fitzgerald reissued an “outperform” rating on shares of SharkNinja in a research report on Wednesday, December 17th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.78.

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.