Bridgeway Capital Management LLC Makes New $6.73 Million 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 acquired a new stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 248,420 shares of the company's stock, valued at approximately $6,730,000. Bridgeway Capital Management LLC owned about 0.49% of TreeHouse Foods at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC acquired a new position in shares of TreeHouse Foods during the first quarter valued at about $299,000. Dark Forest Capital Management LP acquired a new position in shares of TreeHouse Foods during the first quarter valued at about $5,798,000. Cubist Systematic Strategies LLC acquired a new position in shares of TreeHouse Foods during the first quarter valued at about $3,184,000. Royal Bank of Canada grew its holdings in shares of TreeHouse Foods by 60.7% during the first quarter. Royal Bank of Canada now owns 43,855 shares of the company's stock valued at $1,188,000 after buying an additional 16,557 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of TreeHouse Foods during the first quarter valued at about $93,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on THS shares. Stifel Nicolaus reduced their price objective on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. Mizuho dropped their price target on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Monday, July 28th. Finally, Barclays dropped their price target on shares of TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 15th. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $24.00.

TreeHouse Foods Stock Performance

THS traded down $0.29 during trading on Monday, hitting $17.87. 868,338 shares of the company traded hands, compared to its average volume of 872,831. The firm has a market cap of $902.23 million, a P/E ratio of 45.81 and a beta of 0.26. The stock's fifty day moving average is $19.47 and its 200 day moving average is $22.56. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 0.98. TreeHouse Foods, Inc. has a one year low of $17.37 and a one year high of $43.84.

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

About TreeHouse Foods

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.