Shake Shack, Inc. $SHAK Shares Bought by GDS Wealth Management

GDS Wealth Management grew its holdings in Shake Shack, Inc. (NYSE:SHAK) by 50.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,381 shares of the company’s stock after buying an additional 43,219 shares during the quarter. Shake Shack accounts for 1.3% of GDS Wealth Management’s investment portfolio, making the stock its 26th largest position. GDS Wealth Management owned about 0.30% of Shake Shack worth $18,191,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in Shake Shack during the 2nd quarter worth approximately $31,000. Parallel Advisors LLC boosted its position in shares of Shake Shack by 679.4% during the 2nd quarter. Parallel Advisors LLC now owns 265 shares of the company’s stock valued at $37,000 after acquiring an additional 231 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in Shake Shack during the first quarter worth about $26,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Shake Shack in the first quarter valued at approximately $48,000. Finally, Headlands Technologies LLC acquired a new position in shares of Shake Shack in the 1st quarter valued at $57,000. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on SHAK. Barclays lowered their price target on Shake Shack from $160.00 to $115.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. TD Cowen raised their price objective on shares of Shake Shack from $105.00 to $110.00 and gave the company a “hold” rating in a report on Thursday, July 31st. Bank of America restated an “underperform” rating and set a $86.00 target price (down previously from $148.00) on shares of Shake Shack in a research note on Monday, October 6th. UBS Group dropped their price objective on Shake Shack from $140.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. Finally, Stifel Nicolaus reduced their target price on Shake Shack from $110.00 to $105.00 and set a “hold” rating for the company in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Shake Shack currently has an average rating of “Hold” and a consensus price target of $120.52.

Shake Shack Price Performance

Shake Shack stock opened at $84.26 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.84 and a quick ratio of 1.81. The business has a 50 day simple moving average of $93.69 and a 200-day simple moving average of $111.48. Shake Shack, Inc. has a 12 month low of $72.93 and a 12 month high of $144.65. The stock has a market capitalization of $3.60 billion, a PE ratio of 82.61, a price-to-earnings-growth ratio of 2.25 and a beta of 1.69.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The company had revenue of $367.41 million during the quarter, compared to the consensus estimate of $363.69 million. During the same quarter in the prior year, the firm earned $0.25 EPS. Shake Shack’s quarterly revenue was up 15.9% on a year-over-year basis. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts predict that Shake Shack, Inc. will post 1.26 earnings per share for the current year.

About Shake Shack

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.