Wealthcare Advisory Partners LLC Acquires 106 Shares of Shake Shack, Inc. $SHAK

Wealthcare Advisory Partners LLC raised its holdings in Shake Shack, Inc. (NYSE:SHAK) by 0.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 13,512 shares of the company’s stock after acquiring an additional 106 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Shake Shack were worth $1,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in shares of Shake Shack in the first quarter valued at about $42,802,000. Ameriprise Financial Inc. grew its stake in Shake Shack by 144.3% in the first quarter. Ameriprise Financial Inc. now owns 791,857 shares of the company’s stock valued at $69,805,000 after purchasing an additional 467,748 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Shake Shack during the 1st quarter worth approximately $17,064,000. Champlain Investment Partners LLC increased its position in shares of Shake Shack by 59.5% during the 1st quarter. Champlain Investment Partners LLC now owns 357,776 shares of the company’s stock worth $31,545,000 after purchasing an additional 133,440 shares during the last quarter. Finally, Van Berkom & Associates Inc. raised its stake in shares of Shake Shack by 19.0% during the 1st quarter. Van Berkom & Associates Inc. now owns 785,594 shares of the company’s stock worth $69,266,000 after purchasing an additional 125,357 shares in the last quarter. 86.07% of the stock is owned by institutional investors.

Shake Shack Stock Down 1.2%

Shares of SHAK opened at $95.63 on Tuesday. The firm has a market cap of $4.08 billion, a P/E ratio of 207.90, a price-to-earnings-growth ratio of 2.20 and a beta of 1.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.89 and a current ratio of 1.92. Shake Shack, Inc. has a 52 week low of $72.93 and a 52 week high of $144.65. The firm’s 50-day simple moving average is $104.31 and its 200 day simple moving average is $110.35.

Shake Shack (NYSE:SHAK) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.07. Shake Shack had a net margin of 1.50% and a return on equity of 9.78%. The firm had revenue of $356.47 million during the quarter, compared to the consensus estimate of $352.56 million. During the same period last year, the business posted $0.27 earnings per share. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Shake Shack, Inc. will post 1.26 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on SHAK. Weiss Ratings reissued a “hold (c)” rating on shares of Shake Shack in a research note on Saturday, September 27th. Sanford C. Bernstein set a $166.00 price objective on shares of Shake Shack and gave the company an “overweight” rating in a research report on Thursday, June 26th. JPMorgan Chase & Co. upped their target price on shares of Shake Shack from $100.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday, June 25th. The Goldman Sachs Group cut their target price on shares of Shake Shack from $160.00 to $137.00 and set a “buy” rating for the company in a research note on Tuesday, September 30th. Finally, TD Cowen lifted their price target on Shake Shack from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $129.16.

Shake Shack Profile

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.