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

Key Points

• Round Rock Advisors increased its MarineMax stake by 92% in the second quarter, owning 120,030 shares valued at approximately $4.4 million. Institutional investors collectively hold 92.85% of MarineMax stock.
• MarineMax reported quarterly revenue of $611.3 million and earnings of $0.81 per share, slightly missing analyst expectations; revenue declined 7% year over year. The company issued fiscal 2026 EPS guidance of $0.40 to $0.95.
• MarineMax shares opened at $52.12, near their 12-month high of $52.46, while analysts largely maintained a “Hold” view. The consensus price target is $43, below the current share price.

Round Rock Advisors LLC lifted its position in shares of MarineMax, Inc. (NYSE:HZO - Free Report) by 92.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,030 shares of the specialty retailer's stock after buying an additional 57,521 shares during the quarter. MarineMax makes up 0.6% of Round Rock Advisors LLC's investment portfolio, making the stock its 23rd largest position. Round Rock Advisors LLC owned about 0.54% of MarineMax worth $4,395,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Empowered Funds LLC purchased a new position in shares of MarineMax during the second quarter valued at approximately $4,093,000. Public Employees Retirement System of Ohio acquired a new stake in shares of MarineMax during the second quarter worth $59,000. Bank of America Corp DE purchased a new stake in shares of MarineMax in the second quarter valued at $2,483,000. Jupiter Topco LLC acquired a new position in MarineMax in the second quarter valued at $351,000. Finally, Legal & General Group Plc purchased a new position in MarineMax during the second quarter worth about $1,582,000. Institutional investors and hedge funds own 92.85% of the company's stock.

MarineMax Stock Performance

Shares of NYSE:HZO opened at $52.12 on Thursday. The firm has a market capitalization of $1.15 billion, a PE ratio of 372.29 and a beta of 1.66. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.23 and a quick ratio of 0.34. The business has a 50-day moving average of $41.27 and a two-hundred day moving average of $34.20. MarineMax, Inc. has a 12 month low of $21.42 and a 12 month high of $52.46.

MarineMax (NYSE:HZO - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share 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 firm had revenue of $611.26 million during the quarter, compared to analyst estimates of $682.29 million. During the same period in the prior year, the firm earned ($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. As a group, research analysts forecast that MarineMax, Inc. will post 0.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Weiss Ratings raised MarineMax from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, July 24th. Truist Financial downgraded shares of MarineMax from a "buy" rating to a "hold" rating and upped their price objective for the company from $39.00 to $53.00 in a research note on Wednesday, August 12th. Northcoast Research lowered shares of MarineMax from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 12th. Benchmark cut shares of MarineMax from a "buy" rating to a "hold" rating in a research report on Monday, August 10th. Finally, B. Riley Financial lowered shares of MarineMax from a "buy" rating to a "neutral" rating and set a $35.00 price target for the company. in a research report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $43.00.

MarineMax 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.

Want to see what other hedge funds are holding HZO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MarineMax, Inc. (NYSE:HZO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source