6,608 Shares in Shake Shack, Inc. $SHAK Bought by Future Fund LLC

Future Fund LLC bought a new stake in Shake Shack, Inc. (NYSE:SHAK) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,608 shares of the company’s stock, valued at approximately $929,000.

Other large investors have also added to or reduced their stakes in the company. Summit Financial LLC raised its position in shares of Shake Shack by 0.7% in the first quarter. Summit Financial LLC now owns 13,180 shares of the company’s stock valued at $1,162,000 after purchasing an additional 97 shares during the period. Wealthcare Advisory Partners LLC raised its position in Shake Shack by 0.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 13,512 shares of the company’s stock valued at $1,900,000 after purchasing an additional 106 shares in the last quarter. Keybank National Association OH lifted its position in shares of Shake Shack by 1.8% during the 2nd quarter. Keybank National Association OH now owns 6,079 shares of the company’s stock worth $855,000 after buying an additional 106 shares during the last quarter. Redwood Investments LLC lifted its holdings in shares of Shake Shack by 0.5% in the first quarter. Redwood Investments LLC now owns 23,231 shares of the company’s stock worth $2,048,000 after acquiring an additional 110 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Shake Shack by 1.3% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,367 shares of the company’s stock valued at $914,000 after buying an additional 133 shares in the last quarter. Institutional investors own 86.07% of the company’s stock.

Shake Shack Stock Down 1.0%

Shares of NYSE SHAK opened at $90.98 on Friday. The stock has a market capitalization of $3.88 billion, a P/E ratio of 89.20, a P/E/G ratio of 2.37 and a beta of 1.69. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.84 and a quick ratio of 1.81. Shake Shack, Inc. has a 1 year low of $72.93 and a 1 year high of $144.65. The company has a 50-day moving average price of $95.57 and a 200-day moving average price of $111.48.

Shake Shack (NYSE:SHAK) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. Shake Shack had a return on equity of 10.43% and a net margin of 3.10%.The firm had revenue of $367.41 million during the quarter, compared to analyst estimates of $363.69 million. During the same period in the previous year, the company posted $0.25 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that Shake Shack, Inc. will post 1.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Stifel Nicolaus cut their price target on Shake Shack from $110.00 to $105.00 and set a “hold” rating on the stock in a research note on Friday, October 31st. Jefferies Financial Group downgraded Shake Shack from a “hold” rating to an “underperform” rating and raised their price objective for the stock from $100.00 to $120.00 in a research report on Thursday, July 17th. Oppenheimer set a $145.00 target price on Shake Shack in a report on Friday, October 31st. Truist Financial decreased their target price on shares of Shake Shack from $162.00 to $156.00 and set a “buy” rating for the company in a research report on Monday, September 29th. Finally, UBS Group dropped their price target on shares of Shake Shack from $140.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $120.52.

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.