DCF Advisers LLC Takes Position in MarineMax, Inc. $HZO

Key Points

• DCF Advisers LLC purchased 57,500 MarineMax shares in the second quarter, valued at approximately $2.1 million, giving it a 0.26% stake. Institutional investors collectively own 92.85% of the company.
• Analyst sentiment is cautious: MarineMax has a consensus “Hold” rating from eight analysts, with one Buy and seven Holds, and a consensus price target of $43.
• MarineMax reported quarterly EPS of $0.81, narrowly missing estimates, while revenue fell 7% year over year to $611.3 million. The company provided fiscal 2026 EPS guidance of $0.40 to $0.95.

DCF Advisers LLC purchased a new position in MarineMax, Inc. (NYSE:HZO - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 57,500 shares of the specialty retailer's stock, valued at approximately $2,106,000. DCF Advisers LLC owned 0.26% of MarineMax at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of MarineMax by 6.9% during the first quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer's stock valued at $3,027,000 after acquiring an additional 9,050 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of 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 worth $278,000 after purchasing an additional 546 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in shares of MarineMax in the first quarter worth about $168,000. Goldman Sachs Group Inc. increased its holdings in MarineMax by 69.3% during the 1st 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. increased its holdings in MarineMax by 115.6% during the 2nd 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. Institutional investors own 92.85% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Northcoast Research downgraded MarineMax from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 12th. Weiss Ratings raised shares of MarineMax from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, July 24th. Citigroup restated a "buy" rating on shares of MarineMax in a report on Friday, April 24th. Truist Financial lowered shares of MarineMax from a "buy" rating to a "hold" rating and upped their price objective for the stock from $39.00 to $53.00 in a report on Wednesday, August 12th. Finally, Loop Capital lowered shares of MarineMax from a "buy" rating to a "hold" rating and set a $53.00 target price on the stock. in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, MarineMax currently has a consensus rating of "Hold" and a consensus price target of $43.00.

MarineMax Stock Up 0.1%

Shares of NYSE:HZO opened at $52.22 on Thursday. The stock has a fifty day simple moving average of $37.74 and a two-hundred day simple moving average of $32.60. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 372.96 and a beta of 1.58. MarineMax, Inc. has a 12-month low of $21.42 and a 12-month high of $52.46. The company has a current ratio of 1.23, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

MarineMax (NYSE:HZO - Get Free Report) last issued 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 in the prior year, the business posted ($2.42) earnings per share. The business's revenue for the quarter was down 7.0% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, research analysts anticipate that MarineMax, Inc. will post 0.69 earnings per share for the current fiscal year.

About MarineMax

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.

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