Goldman Sachs Group Inc. Sells 61,660 Shares of TreeHouse Foods, Inc. $THS

Key Points

• Goldman Sachs Group Inc. reduced its stake in TreeHouse Foods by 23.1% during the first quarter, now holding 204,704 shares valued at approximately $5.5 million.
• TreeHouse Foods reported a quarterly earnings per share (EPS) of $0.17, exceeding analysts' expectations by $0.07, with revenues reaching $801.4 million.
• Several hedge funds have adjusted their positions in TreeHouse Foods, with GAMMA Investing LLC increasing their stake by an impressive 1,328.7%.

Goldman Sachs Group Inc. cut its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 23.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,704 shares of the company's stock after selling 61,660 shares during the quarter. Goldman Sachs Group Inc. owned about 0.41% of TreeHouse Foods worth $5,545,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of TreeHouse Foods by 1,328.7% during the first quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock valued at $261,000 after purchasing an additional 8,969 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of TreeHouse Foods during the first quarter valued at approximately $1,025,000. Hsbc Holdings PLC boosted its position in shares of TreeHouse Foods by 8.8% during the first quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock valued at $268,000 after purchasing an additional 790 shares in the last quarter. Sessa Capital IM L.P. boosted its position in shares of TreeHouse Foods by 29.5% during the first quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company's stock valued at $113,778,000 after purchasing an additional 957,517 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of TreeHouse Foods by 0.7% during the first quarter. Principal Financial Group Inc. now owns 225,073 shares of the company's stock valued at $6,097,000 after purchasing an additional 1,551 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Down 0.3%

TreeHouse Foods stock opened at $17.41 on Tuesday. The stock has a market cap of $879.15 million, a PE ratio of 44.64 and a beta of 0.26. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.38 and a current ratio of 1.26. TreeHouse Foods, Inc. has a one year low of $17.08 and a one year high of $43.84. The stock has a fifty day moving average of $19.15 and a 200 day moving average of $22.08.

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. The company had revenue of $801.40 million during the quarter, compared to analysts' expectations of $788.84 million. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.TreeHouse Foods's revenue for the quarter was up 1.2% compared to the same quarter last year. 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, sell-side analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Wall Street Analyst Weigh In

THS has been the topic of several analyst reports. Barclays dropped their target price 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. Stifel Nicolaus dropped their target price on TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating on the stock in a report on Tuesday, July 29th. Finally, Mizuho dropped their target price on TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating on the stock in a report on Monday, July 28th. Seven equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $24.00.

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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