De Lisle Partners LLP Purchases New Position in MarineMax, Inc. $HZO

De Lisle Partners LLP acquired a new stake in MarineMax, Inc. (NYSE:HZO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 168,300 shares of the specialty retailer’s stock, valued at approximately $6,170,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of MarineMax during the second quarter worth $116,412,000. Invesco Ltd. increased its stake in shares of MarineMax by 115.6% during the second quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock worth $18,002,000 after acquiring an additional 383,926 shares during the period. CenterBook Partners LP raised its holdings in MarineMax by 74.7% during the fourth quarter. CenterBook Partners LP now owns 532,452 shares of the specialty retailer’s stock worth $12,901,000 after purchasing an additional 227,734 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in MarineMax by 857,142.9% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180,021 shares of the specialty retailer’s stock worth $4,871,000 after purchasing an additional 180,000 shares in the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in MarineMax in the first quarter valued at about $4,050,000. Institutional investors and hedge funds own 92.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HZO shares. Loop Capital lowered MarineMax from a “buy” rating to a “hold” rating and set a $53.00 price objective on the stock. in a report on Tuesday, August 11th. Northcoast Research cut MarineMax from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Benchmark cut MarineMax from a “buy” rating to a “hold” rating in a report on Monday, August 10th. Weiss Ratings upgraded MarineMax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Finally, B. Riley Financial lowered MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price objective on the stock. in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.00.

MarineMax Stock Down 0.2%

HZO stock opened at $52.17 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $38.48 and its 200 day moving average price is $32.92. MarineMax, Inc. has a 52 week low of $21.42 and a 52 week high of $52.46. The company has a market cap of $1.15 billion, a P/E ratio of 372.64 and a beta of 1.58.

MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The company had revenue of $611.26 million for the quarter, compared to analyst estimates of $682.29 million. MarineMax had a net margin of 0.18% and a return on equity of 1.51%. MarineMax’s revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($2.42) earnings per share. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, research analysts expect that MarineMax, Inc. will post 0.69 earnings per share for the current fiscal year.

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.