57,500 Shares in MarineMax, Inc. $HZO Purchased by DCF Advisers LLC

DCF Advisers LLC acquired a new stake in shares of MarineMax, Inc. (NYSE:HZO) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 57,500 shares of the specialty retailer’s stock, valued at approximately $2,106,000.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in MarineMax during the 2nd quarter valued at approximately $116,412,000. Invesco Ltd. raised its holdings in shares of MarineMax by 115.6% during the 2nd 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 in the last quarter. CenterBook Partners LP raised its holdings in shares of MarineMax by 74.7% during the 4th quarter. CenterBook Partners LP now owns 532,452 shares of the specialty retailer’s stock worth $12,901,000 after acquiring an additional 227,734 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of MarineMax by 857,142.9% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180,021 shares of the specialty retailer’s stock valued at $4,871,000 after acquiring an additional 180,000 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new position in shares of MarineMax in the first quarter valued at $4,050,000. Hedge funds and other institutional investors own 92.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HZO. Loop Capital downgraded shares of MarineMax from a “buy” rating to a “hold” rating and set a $53.00 target price on the stock. in a report on Tuesday, August 11th. Weiss Ratings raised shares of MarineMax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 24th. Truist Financial lowered MarineMax from a “buy” rating to a “hold” rating and lifted their price target for the stock from $39.00 to $53.00 in a research report on Wednesday, August 12th. Northcoast Research cut MarineMax from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, Citigroup restated a “buy” rating on shares of MarineMax in a research report on Friday, April 24th. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, MarineMax presently has an average rating of “Hold” and an average price target of $43.00.

MarineMax Stock Performance

Shares of NYSE:HZO opened at $52.22 on Thursday. The firm’s 50 day simple moving average is $37.74 and its 200-day simple moving average is $32.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 1.23. MarineMax, Inc. has a one year low of $21.42 and a one year high of $52.46. The firm has a market cap of $1.15 billion, a PE ratio of 372.96 and a beta of 1.58.

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

MarineMax Company 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.