Deutsche Bank AG Buys New Stake in The Simply Good Foods Company $SMPL

Key Points

• Deutsche Bank initiated a 176,258-share stake in Simply Good Foods valued at approximately $2.34 million, representing 0.20% of the company. Institutional investors and hedge funds collectively own 88.45% of SMPL.
• Analysts maintain a broadly cautious outlook, with three Buy ratings, nine Holds and one Sell. The consensus rating is Hold, with an average price target of $14.45.
• SMPL opened at $10.21, near its 52-week low, after reporting quarterly revenue of $356.98 million and EPS of $0.42, both above estimates. However, revenue fell 6.3% year over year, while investor concerns include OWYN-related impairment charges and securities litigation allegations.

Deutsche Bank AG bought a new stake in The Simply Good Foods Company (NASDAQ:SMPL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 176,258 shares of the financial services provider's stock, valued at approximately $2,341,000. Deutsche Bank AG owned 0.20% of Simply Good Foods as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SMPL. Royal Bank of Canada grew its stake in shares of Simply Good Foods by 9.0% in the first quarter. Royal Bank of Canada now owns 71,023 shares of the financial services provider's stock valued at $2,448,000 after buying an additional 5,893 shares in the last quarter. AQR Capital Management LLC lifted its stake in Simply Good Foods by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 19,018 shares of the financial services provider's stock worth $656,000 after acquiring an additional 617 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Simply Good Foods by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,819 shares of the financial services provider's stock valued at $1,891,000 after acquiring an additional 2,850 shares during the period. Caxton Associates LLP purchased a new position in Simply Good Foods during the 1st quarter valued at about $264,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Simply Good Foods by 10.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 224,229 shares of the financial services provider's stock valued at $7,734,000 after acquiring an additional 21,696 shares in the last quarter. 88.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SMPL has been the topic of a number of recent research reports. UBS Group set a $15.00 price target on shares of Simply Good Foods in a research note on Friday, July 10th. Weiss Ratings restated a "sell (d)" rating on shares of Simply Good Foods in a report on Thursday, June 18th. Truist Financial set a $11.00 target price on shares of Simply Good Foods in a research note on Wednesday. Mizuho set a $19.00 target price on shares of Simply Good Foods in a report on Monday, May 4th. Finally, DA Davidson decreased their price target on shares of Simply Good Foods from $39.00 to $14.00 and set a "neutral" rating for the company in a research report on Friday, July 10th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $14.45.

Simply Good Foods News Summary

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

• Neutral Sentiment: Options-market activity shows sharply higher implied volatility for SMPL, signaling expectations for larger-than-usual price swings but not indicating a definite direction. Implied Volatility Surging for Simply Good Foods Stock Options
• Negative Sentiment: TD Cowen lowered its price target for The Simply Good Foods Company from $13 to $11 and maintained a “hold” rating, reflecting reduced expectations despite the revised target remaining above the recent trading level. TD Cowen Lowers Simply Good Foods Price Target
• Negative Sentiment: Several law firms announced or promoted a securities class action against SMPL and certain officers. The lawsuits generally cover investors who bought shares between October 24, 2024, and April 8, 2026, with an October 13, 2026 deadline to seek lead-plaintiff status. The allegations include material misstatements or omissions regarding the OWYN acquisition and integration. The claims have not been proven, but the litigation creates legal, financial and reputational risks. SMPL Securities Fraud Lawsuit Deadline
• Negative Sentiment: Investor notices highlight the company’s reported impairment charges—described in the filings as totaling roughly $187 million to $200 million—following the OWYN deal, alongside a stock decline of more than 27% over the alleged disclosure period. This reinforces concerns about acquisition execution, earnings quality and management credibility. SMPL Shareholder Alert

Simply Good Foods Stock Down 3.1%

SMPL stock opened at $10.21 on Friday. The company's 50 day moving average price is $11.63 and its 200 day moving average price is $12.92. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.10 and a current ratio of 4.80. The Simply Good Foods Company has a fifty-two week low of $9.88 and a fifty-two week high of $29.32. The firm has a market capitalization of $903.18 million, a price-to-earnings ratio of -4.71 and a beta of 0.15.

Simply Good Foods (NASDAQ:SMPL - Get Free Report) last issued its quarterly earnings results on Thursday, July 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.07. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. 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 previous year, the firm earned $0.51 earnings per share. The firm's quarterly revenue was down 6.3% on a year-over-year basis. On average, equities research analysts anticipate that The Simply Good Foods Company will post 1.54 EPS for the current fiscal year.

Simply Good Foods Profile

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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