MarineMax, Inc. $HZO Shares Bought by Round Rock Advisors LLC

Round Rock Advisors LLC lifted its stake in MarineMax, Inc. (NYSE:HZO) by 92.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,030 shares of the specialty retailer’s stock after buying an additional 57,521 shares during the period. MarineMax makes up 0.6% of Round Rock Advisors LLC’s portfolio, making the stock its 23rd biggest position. Round Rock Advisors LLC’s holdings in MarineMax were worth $4,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Royal Bank of Canada lifted its position in MarineMax by 6.9% during the 1st quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer’s stock worth $3,027,000 after acquiring an additional 9,050 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in MarineMax by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,921 shares of the specialty retailer’s stock valued at $278,000 after acquiring an additional 546 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in MarineMax in the first quarter valued at approximately $168,000. Goldman Sachs Group Inc. raised its stake in shares of MarineMax by 69.3% during the first quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer’s stock valued at $7,496,000 after purchasing an additional 142,775 shares during the period. Finally, Invesco Ltd. raised its stake in shares of MarineMax by 115.6% during the second quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock valued at $18,002,000 after purchasing an additional 383,926 shares during the period. 92.85% of the stock is currently owned by hedge funds and other institutional investors.

MarineMax Price Performance

HZO stock opened at $52.12 on Thursday. The stock’s 50 day moving average is $41.27 and its two-hundred day moving average is $34.20. MarineMax, Inc. has a 52-week low of $21.42 and a 52-week high of $52.46. The company has a market capitalization of $1.15 billion, a PE ratio of 372.29 and a beta of 1.66. The company has a quick ratio of 0.34, a current ratio of 1.23 and a debt-to-equity ratio of 0.35.

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

Analyst Ratings Changes

HZO has been the subject of several analyst reports. B. Riley Financial downgraded shares of MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a research note on Tuesday, July 21st. Truist Financial downgraded shares of 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 note on Wednesday, August 12th. Weiss Ratings upgraded shares of MarineMax from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 24th. Benchmark cut shares of MarineMax from a “buy” rating to a “hold” rating in a research report on Monday, August 10th. Finally, Loop Capital cut shares of MarineMax from a “buy” rating to a “hold” rating and set a $53.00 price objective for the company. in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.00.

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.