Acuitas Investments LLC Sells 85,384 Shares of MarineMax, Inc. $HZO

Acuitas Investments LLC lessened its stake in MarineMax, Inc. (NYSE:HZO) by 81.1% in the third quarter, HoldingsChannel reports. The firm owned 19,897 shares of the specialty retailer’s stock after selling 85,384 shares during the period. Acuitas Investments LLC’s holdings in MarineMax were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of MarineMax by 6.9% in the first quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer’s stock worth $3,027,000 after acquiring an additional 9,050 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in 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 valued at $278,000 after acquiring an additional 546 shares during the period. Jones Financial Companies Lllp bought a new stake in shares of MarineMax during the 1st quarter valued at about $168,000. Goldman Sachs Group Inc. grew its stake in shares of 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, Lawson Kroeker Investment Management Inc. NE increased its position in shares of MarineMax by 6.0% during the 2nd quarter. Lawson Kroeker Investment Management Inc. NE now owns 138,168 shares of the specialty retailer’s stock valued at $3,474,000 after purchasing an additional 7,815 shares during the last quarter. 92.85% of the stock is owned by institutional investors.

MarineMax Stock Down 8.2%

Shares of HZO stock opened at $24.66 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.20 and a quick ratio of 0.32. MarineMax, Inc. has a one year low of $16.85 and a one year high of $31.51. The company’s fifty day moving average price is $25.56 and its 200-day moving average price is $25.26. The company has a market capitalization of $543.15 million, a price-to-earnings ratio of -15.91 and a beta of 1.65.

MarineMax (NYSE:HZO) last issued its earnings results on Thursday, January 29th. The specialty retailer reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.09). MarineMax had a positive return on equity of 2.00% and a negative net margin of 1.37%.The firm had revenue of $505.18 million during the quarter, compared to the consensus estimate of $481.67 million. During the same period in the prior year, the company posted $0.17 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Sell-side analysts expect that MarineMax, Inc. will post 2.41 EPS for the current fiscal year.

MarineMax News Roundup

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: Revenue and same‑store sales beat/grew — MarineMax reported $505.2M in Q1 revenue (above estimates) and same‑store sales rose over 10%, showing continued demand. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Inventory reduction improves balance sheet/working capital — inventories were down ~$167M year‑over‑year at quarter end, which should help cash flow and reduce carrying costs. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: Gross profit margin remains positive but faces pressure — Q1 gross margin was 31.8%; that level is healthy but management says promotional activity compressed profitability. Business Wire: MarineMax Q1 results
• Negative Sentiment: EPS missed expectations — MarineMax reported a loss of $0.21 per share vs. the consensus loss of $0.12, reversing from positive EPS a year ago; this earnings miss is the main driver of the selloff. Zacks: MarineMax Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Promotional activity compressed margins — management and analysts noted increased promotions to drive sales, which boosted revenue but reduced net margin and led to a reported loss. Seeking Alpha: MarineMax reports a loss as promotional activity weighs on margins
• Negative Sentiment: Market reaction — coverage and call transcripts highlight the EPS miss and margin concerns; shares are trading down on higher-than-normal volume as short‑term sentiment tilts negative. Yahoo Finance: Why MarineMax (HZO) Stock Is Falling Today

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HZO. Zacks Research raised shares of MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Loop Capital assumed coverage on shares of MarineMax in a research report on Monday, December 22nd. They issued a “buy” rating and a $29.00 price target on the stock. Truist Financial boosted their price objective on shares of MarineMax from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Weiss Ratings restated a “sell (d)” rating on shares of MarineMax in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded MarineMax from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

MarineMax Company 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.