Blair William & Co. IL Sells 224 Shares of Shake Shack, Inc. $SHAK

Blair William & Co. IL reduced its position in shares of Shake Shack, Inc. (NYSE:SHAK) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,456 shares of the company’s stock after selling 224 shares during the quarter. Blair William & Co. IL owned 0.25% of Shake Shack worth $15,108,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SHAK. Farther Finance Advisors LLC raised 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 purchasing an additional 263 shares during the period. Geneos Wealth Management Inc. acquired a new position in Shake Shack during the first quarter worth approximately $26,000. Ameritas Advisory Services LLC bought a new stake in Shake Shack in the second quarter valued at approximately $31,000. Garde Capital Inc. acquired a new stake in shares of Shake Shack in the first quarter valued at approximately $35,000. Finally, Parallel Advisors LLC lifted its position in shares of Shake Shack by 679.4% in the second quarter. Parallel Advisors LLC now owns 265 shares of the company’s stock valued at $37,000 after buying an additional 231 shares during the last quarter. Institutional investors and hedge funds own 86.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company increased their price target on Shake Shack from $115.00 to $125.00 and gave the company an “equal weight” rating in a research note on Thursday, July 17th. TD Securities reissued a “hold” rating and issued a $105.00 price objective on shares of Shake Shack in a research report on Thursday, June 26th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $160.00 target price (down previously from $165.00) on shares of Shake Shack in a report on Friday, August 1st. UBS Group reissued a “neutral” rating and issued a $140.00 price target (up from $100.00) on shares of Shake Shack in a report on Friday, July 25th. Finally, Bank of America restated an “underperform” rating and set a $86.00 price objective (down from $148.00) on shares of Shake Shack in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $129.16.

Shake Shack Stock Performance

NYSE SHAK opened at $86.75 on Friday. The firm has a 50-day moving average price of $101.35 and a two-hundred day moving average price of $110.01. Shake Shack, Inc. has a 12-month low of $72.93 and a 12-month high of $144.65. The company has a market capitalization of $3.70 billion, a P/E ratio of 188.59, a P/E/G ratio of 2.14 and a beta of 1.65. The company has a quick ratio of 1.89, a current ratio of 1.92 and a debt-to-equity ratio of 0.48.

Shake Shack (NYSE:SHAK) last released 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 company had revenue of $356.47 million during the quarter, compared to the consensus estimate of $352.56 million. Shake Shack had a net margin of 1.50% and a return on equity of 9.78%. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. 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. Analysts anticipate that Shake Shack, Inc. will post 1.26 earnings per share for the current year.

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.