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

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Illinois Municipal Retirement Fund increased its holdings in shares of TreeHouse Foods by 2.3% in the 1st quarter. Illinois Municipal Retirement Fund now owns 25,462 shares of the company's stock valued at $690,000 after acquiring an additional 562 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in TreeHouse Foods by 2.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,838 shares of the company's stock worth $943,000 after acquiring an additional 696 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of TreeHouse Foods by 8.8% during the 1st quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock worth $268,000 after purchasing an additional 790 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of TreeHouse Foods by 8.9% in the 1st quarter. HighTower Advisors LLC now owns 10,520 shares of the company's stock valued at $285,000 after acquiring an additional 861 shares in the last quarter. Finally, Comerica Bank grew its holdings in TreeHouse Foods by 4.5% in the 1st quarter. Comerica Bank now owns 29,472 shares of the company's stock valued at $798,000 after buying an additional 1,265 shares during the last quarter. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

TreeHouse Foods Stock Up 0.4%

THS traded up $0.07 during trading hours on Friday, hitting $17.38. 1,210,057 shares of the company's stock were exchanged, compared to its average volume of 668,264. The firm has a 50 day moving average of $18.86 and a 200 day moving average of $21.82. TreeHouse Foods, Inc. has a 12-month low of $17.05 and a 12-month high of $42.55. The company has a current ratio of 1.26, a quick ratio of 0.38 and a debt-to-equity ratio of 0.98. The firm has a market cap of $877.69 million, a P/E ratio of 44.57 and a beta of 0.26.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.17 EPS for the quarter, topping the consensus estimate 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 last year, the business earned $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 predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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