RBF Capital LLC Increases Position in MarineMax, Inc. $HZO

RBF Capital LLC lifted its holdings in shares of MarineMax, Inc. (NYSE:HZO) by 32.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 106,830 shares of the specialty retailer’s stock after buying an additional 26,410 shares during the period. RBF Capital LLC owned approximately 0.48% of MarineMax worth $2,891,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its position in MarineMax by 54.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,056 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 374 shares during the period. Russell Investments Group Ltd. raised its stake in shares of MarineMax by 93.5% during the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 808 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of MarineMax by 3,613.3% during the first quarter. Fifth Third Bancorp now owns 4,196 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 4,083 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of MarineMax by 129.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer’s stock worth $135,000 after purchasing an additional 2,996 shares during the period. Finally, Jones Financial Companies Lllp acquired a new stake in shares of MarineMax during the first quarter worth $168,000. Hedge funds and other institutional investors own 92.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on HZO shares. Citigroup reissued a “buy” rating on shares of MarineMax in a research note on Friday, April 24th. Northcoast Research set a $39.00 target price on shares of MarineMax in a research note on Friday, July 24th. Truist Financial lifted their target price on shares of MarineMax from $34.00 to $39.00 and gave the company a “buy” rating in a report on Monday, July 6th. Weiss Ratings upgraded shares of MarineMax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Finally, B. Riley Financial lowered shares of MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a research note on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $35.40.

MarineMax Stock Down 4.4%

MarineMax stock opened at $33.93 on Thursday. The stock’s 50 day moving average price is $34.74 and its 200 day moving average price is $30.85. MarineMax, Inc. has a 1-year low of $21.41 and a 1-year high of $38.14. The company has a market cap of $749.48 million, a PE ratio of 242.38 and a beta of 1.58. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.23 and a quick ratio of 0.34.

MarineMax (NYSE:HZO) last released its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $611.26 million during the quarter, compared to analyst estimates of $682.29 million. MarineMax had a net margin of 0.18% and a return on equity of 1.51%. MarineMax’s revenue was down 7.0% compared to the same quarter last year. During the same period last year, the business posted ($2.42) EPS. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, sell-side analysts predict that MarineMax, Inc. will post 0.69 EPS for the current fiscal year.

MarineMax 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.