Bridgeway Capital Management LLC Makes New Investment in TreeHouse Foods, Inc. $THS

Key Points

• Bridgeway Capital Management LLC has made a new investment of approximately $6.73 million in TreeHouse Foods, acquiring 248,420 shares, which represents 0.49% of the company's stock.
• TreeHouse Foods reported earnings of $0.17 per share for the last quarter, exceeding analysts' expectations and indicating a 1.2% increase in revenue year-over-year.
• Analysts have adjusted their price targets for TreeHouse Foods, with Barclays setting a new target of $21.00 and most current ratings classified as a "Hold."

Bridgeway Capital Management LLC purchased a new position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 248,420 shares of the company's stock, valued at approximately $6,730,000. Bridgeway Capital Management LLC owned approximately 0.49% of TreeHouse Foods as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Sessa Capital IM L.P. lifted its holdings in shares of TreeHouse Foods by 121.9% in the fourth quarter. Sessa Capital IM L.P. now owns 3,242,483 shares of the company's stock worth $113,908,000 after acquiring an additional 1,781,179 shares during the last quarter. Dark Forest Capital Management LP bought a new position in TreeHouse Foods in the 1st quarter valued at approximately $5,798,000. D. E. Shaw & Co. Inc. boosted its position in TreeHouse Foods by 96.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 343,086 shares of the company's stock valued at $12,053,000 after buying an additional 168,365 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in TreeHouse Foods in the fourth quarter valued at approximately $5,613,000. Finally, Nuveen LLC bought a new stake in shares of TreeHouse Foods during the first quarter worth $3,807,000. 99.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

THS has been the topic of several recent research reports. Barclays cut their price objective on TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 15th. Mizuho cut their price target on TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating on the stock in a research note on Monday, July 28th. Finally, Stifel Nicolaus lowered their price objective on TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a research note on Tuesday, July 29th. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $24.00.

TreeHouse Foods Trading Down 1.8%

NYSE:THS traded down $0.32 on Wednesday, reaching $17.47. 195,898 shares of the stock traded hands, compared to its average volume of 710,707. The company has a current ratio of 1.26, a quick ratio of 0.38 and a debt-to-equity ratio of 0.98. TreeHouse Foods, Inc. has a 1-year low of $17.26 and a 1-year high of $43.84. The company's 50 day moving average is $19.41 and its 200-day moving average is $22.53. The firm has a market capitalization of $881.98 million, a price-to-earnings ratio of 44.71 and a beta of 0.26.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.07. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. The company had revenue of $801.40 million for the quarter, compared to analyst estimates of $788.84 million. During the same period in the prior year, the firm posted $0.29 EPS. The company's quarterly revenue was up 1.2% on a year-over-year basis. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

TreeHouse Foods Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.