Knights of Columbus Asset Advisors LLC Has $2.93 Million Stock Position in Shake Shack, Inc. $SHAK

Knights of Columbus Asset Advisors LLC lowered its stake in Shake Shack, Inc. (NYSE:SHAK) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,848 shares of the company’s stock after selling 512 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Shake Shack were worth $2,931,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Summit Financial LLC raised its holdings in shares of Shake Shack by 0.7% during the first quarter. Summit Financial LLC now owns 13,180 shares of the company’s stock worth $1,162,000 after acquiring an additional 97 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in Shake Shack by 0.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 13,512 shares of the company’s stock worth $1,900,000 after purchasing an additional 106 shares in the last quarter. Redwood Investments LLC increased its holdings in Shake Shack by 0.5% during the 1st quarter. Redwood Investments LLC now owns 23,231 shares of the company’s stock worth $2,048,000 after purchasing an additional 110 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Shake Shack by 1.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,367 shares of the company’s stock valued at $914,000 after purchasing an additional 133 shares during the period. Finally, Xponance Inc. lifted its holdings in shares of Shake Shack by 5.9% in the first quarter. Xponance Inc. now owns 2,868 shares of the company’s stock valued at $253,000 after purchasing an additional 159 shares in the last quarter. Institutional investors and hedge funds own 86.07% of the company’s stock.

Shake Shack Stock Performance

NYSE SHAK opened at $95.63 on Tuesday. The firm has a market capitalization 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 current ratio of 1.92, a quick ratio of 1.89 and a debt-to-equity ratio of 0.48. The firm’s fifty day moving average price is $104.31 and its two-hundred day moving average price is $110.35. Shake Shack, Inc. has a 1 year low of $72.93 and a 1 year high of $144.65.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on SHAK shares. Jefferies Financial Group downgraded Shake Shack from a “hold” rating to an “underperform” rating and increased their price objective for the stock from $100.00 to $120.00 in a report on Thursday, July 17th. UBS Group reaffirmed a “neutral” rating and set a $140.00 price target (up from $100.00) on shares of Shake Shack in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on shares of Shake Shack from $100.00 to $110.00 and gave the stock an “underweight” rating in a research report on Wednesday, June 25th. Barclays decreased their target price on shares of Shake Shack from $168.00 to $160.00 and set an “overweight” rating for the company in a research report on Friday, August 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Shake Shack in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Shake Shack presently has a consensus rating of “Hold” and a consensus price target of $129.16.

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.