Raiffeisen Bank International AG Invests $6.37 Million in SharkNinja, Inc. $SN

Raiffeisen Bank International AG bought a new stake in SharkNinja, Inc. (NYSE:SN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 60,000 shares of the company’s stock, valued at approximately $6,373,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new stake in SharkNinja in the third quarter valued at approximately $29,000. New York State Teachers Retirement System purchased a new stake in SharkNinja in the 2nd quarter valued at $43,000. TFC Financial Management Inc. acquired a new stake in SharkNinja during the 3rd quarter worth $55,000. EverSource Wealth Advisors LLC boosted its stake in SharkNinja by 2,071.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 695 shares of the company’s stock worth $69,000 after purchasing an additional 663 shares during the period. Finally, CWM LLC grew its position in SharkNinja by 656.7% during the 2nd quarter. CWM LLC now owns 787 shares of the company’s stock worth $78,000 after purchasing an additional 683 shares during the last quarter. Hedge funds and other institutional investors own 34.77% of the company’s stock.

SharkNinja Stock Performance

NYSE SN opened at $130.58 on Friday. The stock has a market capitalization of $18.43 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.70 and a beta of 1.41. The business’s 50 day moving average is $120.05 and its two-hundred day moving average is $109.45. SharkNinja, Inc. has a 12-month low of $60.50 and a 12-month high of $133.99. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29.

SharkNinja (NYSE:SN) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.78 by $0.15. SharkNinja had a return on equity of 32.30% and a net margin of 10.96%.The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same period last year, the firm earned $1.40 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Research analysts expect that SharkNinja, Inc. will post 4.52 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on SN. Oppenheimer upped their target price on shares of SharkNinja from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Morgan Stanley set a $128.00 price target on SharkNinja in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of SharkNinja in a research note on Monday, December 29th. Guggenheim boosted their target price on SharkNinja from $140.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $145.78.

SharkNinja Company 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.