Schwartz Investment Counsel Inc. Raises Position in SharkNinja, Inc. $SN

Schwartz Investment Counsel Inc. increased its stake in shares of SharkNinja, Inc. (NYSE:SN) by 14.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 200,700 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in SharkNinja were worth $21,254,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of SN. Wealth High Governance Capital Ltda bought a new position in shares of SharkNinja during the fourth quarter valued at about $17,072,000. Strs Ohio increased its stake in SharkNinja by 23.8% in the 4th quarter. Strs Ohio now owns 201,795 shares of the company’s stock valued at $22,581,000 after buying an additional 38,815 shares during the last quarter. Nicholas Company Inc. lifted its position in shares of SharkNinja by 30.3% during the 4th quarter. Nicholas Company Inc. now owns 116,041 shares of the company’s stock worth $12,985,000 after buying an additional 26,962 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of SharkNinja by 13.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company’s stock worth $156,152,000 after buying an additional 176,104 shares in the last quarter. Finally, Westview Management dba Westview Investment Advisors purchased a new position in shares of SharkNinja in the 4th quarter worth approximately $4,102,000. 34.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SN shares. Bank of America raised their target price on SharkNinja from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a report on Wednesday, July 8th. Canaccord Genuity Group boosted their target price on shares of SharkNinja from $161.00 to $185.00 and gave the company a “buy” rating in a research note on Monday. Oppenheimer lifted their price target on shares of SharkNinja from $145.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Guggenheim increased their price objective on SharkNinja from $145.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $159.90.

SharkNinja Price Performance

NYSE:SN opened at $149.91 on Tuesday. SharkNinja, Inc. has a 52-week low of $83.12 and a 52-week high of $154.29. The stock has a fifty day moving average of $128.19 and a 200 day moving average of $120.39. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 2.38. The firm has a market capitalization of $21.22 billion, a price-to-earnings ratio of 30.22, a P/E/G ratio of 2.05 and a beta of 1.22.

SharkNinja (NYSE:SN) last announced its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.The company’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, research analysts expect that SharkNinja, Inc. will post 5.74 EPS for the current fiscal year.

Insider Transactions at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at approximately $197,697.50. This represents a 79.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 40.80% of the stock is currently owned by company insiders.

SharkNinja 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.