Caisse de depot et placement du Quebec Purchases New Shares in The Simply Good Foods Company $SMPL

Caisse de depot et placement du Quebec purchased a new position in shares of The Simply Good Foods Company (NASDAQ:SMPL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 96,300 shares of the financial services provider's stock, valued at approximately $1,279,000. Caisse de depot et placement du Quebec owned about 0.11% of Simply Good Foods as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its position in shares of Simply Good Foods by 125.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider's stock worth $31,000 after buying an additional 538 shares in the last quarter. Leonteq Securities AG grew its holdings in shares of Simply Good Foods by 96.2% in the first quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 1,132 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Simply Good Foods by 82.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 807 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Simply Good Foods during the third quarter valued at approximately $36,000. Finally, Parallel Advisors LLC increased its position in shares of Simply Good Foods by 167.4% during the fourth quarter. Parallel Advisors LLC now owns 2,126 shares of the financial services provider's stock valued at $43,000 after acquiring an additional 1,331 shares during the last quarter. 88.45% of the stock is owned by institutional investors.

Trending Headlines about Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

• Positive Sentiment: Investors who purchased SMPL shares during the specified class period may be eligible to seek compensation or appointment as lead plaintiff. The deadline to apply is October 13, 2026. Rosen class-action deadline article
• Neutral Sentiment: Several law firms, including Kaplan Fox, Robbins LLP, Rosen Law Firm and others, reiterated that a class action has been filed on behalf of investors who acquired Simply Good Foods securities between October 24, 2024, and April 8, 2026. These releases largely repeat previously reported allegations and solicit investors to participate in the litigation. Kaplan Fox class-action article
• Negative Sentiment: The lawsuits allege that Simply Good Foods and certain executives violated federal securities laws by failing to disclose problems with the OWYN acquisition and integration. The allegations reference the eventual $187 million impairment charge announced in April 2026, following earlier assurances that the $280 million integration was progressing as planned. Plaintiffs contend the disclosures contributed to a decline of more than 27% in the shares. The claims remain allegations and have not been proven in court. SMPL shareholder alert article
• Negative Sentiment: TD Cowen issued a pessimistic forecast for SMPL, adding to concerns about the company’s earnings outlook and valuation. Combined with the litigation over the OWYN impairment, the downgrade-like sentiment may reinforce uncertainty around future growth and management credibility. TD Cowen forecast article

Simply Good Foods Stock Performance

Shares of SMPL opened at $10.93 on Monday. The firm has a market cap of $966.87 million, a PE ratio of -5.04 and a beta of 0.15. The stock's fifty day moving average price is $11.60 and its two-hundred day moving average price is $12.88. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.80 and a quick ratio of 3.10. The Simply Good Foods Company has a 1 year low of $9.88 and a 1 year high of $28.97.

Simply Good Foods (NASDAQ:SMPL - Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.07. Simply Good Foods had a positive return on equity of 9.34% and a negative net margin of 14.28%.The company had revenue of $356.98 million during the quarter, compared to the consensus estimate of $332.99 million. During the same quarter in the prior year, the company earned $0.51 EPS. The firm's quarterly revenue was down 6.3% compared to the same quarter last year. On average, equities research analysts forecast that The Simply Good Foods Company will post 1.54 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. DA Davidson cut their price objective on Simply Good Foods from $39.00 to $14.00 and set a "neutral" rating on the stock in a research report on Friday, July 10th. TD Cowen decreased their target price on Simply Good Foods from $13.00 to $11.00 and set a "hold" rating for the company in a research report on Wednesday, August 26th. Mizuho set a $19.00 target price on Simply Good Foods in a research note on Monday, May 4th. Truist Financial set a $11.00 price target on shares of Simply Good Foods in a report on Wednesday. Finally, Jefferies Financial Group set a $15.00 price target on shares of Simply Good Foods in a research report on Wednesday. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Simply Good Foods has an average rating of "Hold" and a consensus price target of $14.45.

About Simply Good Foods

Simply Good Foods Co NASDAQ: SMPL is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.

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