Empowered Funds LLC Invests $4.02 Million in TreeHouse Foods, Inc. $THS

Key Points

• Empowered Funds LLC invested approximately $4.02 million in TreeHouse Foods, acquiring 148,420 shares, which represents about 0.29% of the company.
• Several analysts have revised their target prices for TreeHouse Foods, with Mizuho lowering it from $24.00 to $22.00 and Barclays from $25.00 to $21.00, indicating a cautious outlook on the stock.
• TreeHouse Foods reported earnings of $0.17 per share for the last quarter, surpassing expectations and showing a slight revenue increase of 1.2% year-over-year.

Empowered Funds LLC acquired a new position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 148,420 shares of the company's stock, valued at approximately $4,021,000. Empowered Funds LLC owned about 0.29% of TreeHouse Foods at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of TreeHouse Foods by 1,328.7% in the first quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock worth $261,000 after buying an additional 8,969 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of TreeHouse Foods by 8.8% in the first quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock worth $268,000 after buying an additional 790 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of TreeHouse Foods by 0.7% in the first quarter. Principal Financial Group Inc. now owns 225,073 shares of the company's stock worth $6,097,000 after buying an additional 1,551 shares during the last quarter. Sessa Capital IM L.P. lifted its stake in shares of TreeHouse Foods by 29.5% in the first quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company's stock worth $113,778,000 after buying an additional 957,517 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of TreeHouse Foods in the first quarter worth $3,184,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Mizuho cut their target price on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Monday, July 28th. Stifel Nicolaus cut their target price on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a research note on Tuesday, July 29th. Finally, Barclays cut their target price on shares of TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 15th. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $24.00.

TreeHouse Foods Price Performance

NYSE:THS opened at $17.53 on Friday. The stock has a market cap of $885.32 million, a P/E ratio of 44.95 and a beta of 0.26. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.26 and a quick ratio of 0.38. The company has a fifty day moving average price of $19.21 and a 200 day moving average price of $22.30. TreeHouse Foods, Inc. has a one year low of $17.26 and a one year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.17 earnings per share (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 during the quarter, compared to analysts' expectations of $788.84 million. During the same quarter in the prior year, the company posted $0.29 EPS. The business's 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. Analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

TreeHouse Foods Company 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.

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