Hardman Johnston Global Advisors LLC Has $23.14 Million Holdings in SharkNinja, Inc. $SN

Key Points

• Hardman Johnston Global Advisors LLC trimmed its position in SharkNinja by 8.2% to 206,762 shares worth about $23.14 million, representing 0.15% of the company and its 28th-largest holding.
• Other large institutions (AllianceBernstein, Palestra, Parsifal, Dorsal, Dimensional) have recently added or initiated sizable positions, leaving institutional and hedge fund ownership at roughly 34.77%.
• SharkNinja beat quarterly expectations (EPS $1.93 vs. $1.78; revenue $2.10B, +17.6% y/y), set FY2026 guidance of $5.90–$6.00 EPS, and carries a consensus Moderate Buy rating with a $145.70 price target.

Hardman Johnston Global Advisors LLC lessened its position in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 8.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 206,762 shares of the company's stock after selling 18,577 shares during the quarter. SharkNinja makes up about 1.1% of Hardman Johnston Global Advisors LLC's investment portfolio, making the stock its 28th largest position. Hardman Johnston Global Advisors LLC owned 0.15% of SharkNinja worth $23,137,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. boosted its stake in SharkNinja by 13.2% in the 3rd quarter. Alliancebernstein L.P. now owns 1,513,839 shares of the company's stock valued at $156,152,000 after buying an additional 176,104 shares in the last quarter. Palestra Capital Management LLC boosted its stake in shares of SharkNinja by 10.3% in the 3rd quarter. Palestra Capital Management LLC now owns 1,388,046 shares of the company's stock valued at $143,177,000 after purchasing an additional 130,121 shares in the last quarter. Parsifal Capital Management LP acquired a new stake in shares of SharkNinja in the 3rd quarter valued at $111,773,000. Dorsal Capital Management LP grew its holdings in shares of SharkNinja by 14.7% in the 3rd quarter. Dorsal Capital Management LP now owns 975,000 shares of the company's stock worth $100,571,000 after purchasing an additional 125,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of SharkNinja by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 941,602 shares of the company's stock worth $97,166,000 after purchasing an additional 21,976 shares during the last quarter. Institutional investors and hedge funds own 34.77% of the company's stock.

Analyst Upgrades and Downgrades

SN has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a "buy" rating and issued a $200.00 target price on shares of SharkNinja in a report on Wednesday, February 11th. Cantor Fitzgerald reaffirmed an "outperform" rating on shares of SharkNinja in a report on Wednesday, December 17th. National Bank Financial set a $145.00 target price on shares of SharkNinja in a report on Tuesday, March 17th. Morgan Stanley set a $128.00 target price on shares of SharkNinja in a report on Thursday, February 12th. Finally, Oppenheimer upped their target price on shares of SharkNinja from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $145.70.

SharkNinja Trading Down 0.0%

Shares of SN opened at $115.03 on Monday. The stock has a fifty day moving average price of $114.23 and a two-hundred day moving average price of $107.87. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 2.04. SharkNinja, Inc. has a 52-week low of $69.19 and a 52-week high of $133.99. The company has a market cap of $16.25 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 1.54 and a beta of 1.54.

SharkNinja (NYSE:SN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. SharkNinja had a return on equity of 30.71% and a net margin of 10.96%.The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $1.40 EPS. The business's revenue for the quarter was up 17.6% compared to the same quarter last year. SharkNinja has set its FY 2026 guidance at 5.900-6.000 EPS. Analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current fiscal year.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 2,620 shares of the business's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $114.36, for a total transaction of $299,623.20. Following the completion of the sale, the chief financial officer owned 8,673 shares in the company, valued at $991,844.28. The trade was a 23.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

SharkNinja 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.

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