CHURCHILL MANAGEMENT Corp Invests $2.21 Million in Shake Shack, Inc. $SHAK

CHURCHILL MANAGEMENT Corp bought a new position in shares of Shake Shack, Inc. (NYSE:SHAK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,738 shares of the company’s stock, valued at approximately $2,213,000.

Several other large investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its position in shares of Shake Shack by 13.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,192 shares of the company’s stock valued at $544,000 after buying an additional 489 shares during the last quarter. GAMMA Investing LLC increased its position in Shake Shack by 13,353.1% during the first quarter. GAMMA Investing LLC now owns 99,015 shares of the company’s stock worth $8,730,000 after buying an additional 98,279 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of Shake Shack in the first quarter valued at approximately $44,000. Farther Finance Advisors LLC increased its holdings in shares of Shake Shack by 939.3% in the 1st quarter. Farther Finance Advisors LLC now owns 291 shares of the company’s stock valued at $26,000 after acquiring an additional 263 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of Shake Shack in the 1st quarter valued at $787,000. Institutional investors and hedge funds own 86.07% of the company’s stock.

Insider Activity

In related news, CFO Katherine Irene Fogertey sold 2,023 shares of the firm’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $141.28, for a total value of $285,809.44. Following the completion of the sale, the chief financial officer owned 33,165 shares in the company, valued at $4,685,551.20. This trade represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 8.50% of the stock is owned by corporate insiders.

Shake Shack Stock Performance

NYSE SHAK opened at $94.46 on Friday. 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 business’s 50 day moving average is $105.97 and its two-hundred day moving average is $109.96. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 205.35, a PEG ratio of 2.09 and a beta of 1.65. Shake Shack, Inc. has a 12-month low of $72.93 and a 12-month high of $144.65.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.07. The firm had revenue of $356.47 million for the quarter, compared to the consensus estimate of $352.56 million. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Shake Shack, Inc. will post 1.26 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on SHAK shares. Oppenheimer reiterated an “outperform” rating and set a $160.00 price target (up previously from $125.00) on shares of Shake Shack in a research note on Thursday, June 26th. Raymond James Financial reiterated a “strong-buy” rating and set a $160.00 target price (down previously from $165.00) on shares of Shake Shack in a research note on Friday, August 1st. JPMorgan Chase & Co. boosted their price target on Shake Shack from $100.00 to $110.00 and gave the company an “underweight” rating in a research report on Wednesday, June 25th. Barclays reduced their price objective on Shake Shack from $168.00 to $160.00 and set an “overweight” rating for the company in a research note on Friday, August 1st. Finally, Jefferies Financial Group downgraded Shake Shack from a “hold” rating to an “underperform” rating and lifted their target price for the company from $100.00 to $120.00 in a research note on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $132.42.

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.