Iridian Asset Management LLC CT grew its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 19.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 268,652 shares of the company's stock after acquiring an additional 43,759 shares during the quarter. Post comprises about 7.0% of Iridian Asset Management LLC CT's holdings, making the stock its 5th largest position. Iridian Asset Management LLC CT owned 0.59% of Post worth $19,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Redwood Investment Management LLC purchased a new stake in shares of Post during the 2nd quarter valued at $2,176,000. Engineers Gate Manager LP acquired a new stake in Post during the 2nd quarter worth approximately $1,697,000. Junto Capital Management LP raised its holdings in Post by 44.6% in the second quarter. Junto Capital Management LP now owns 589,457 shares of the company's stock valued at $52,025,000 after buying an additional 181,849 shares during the period. Moran Wealth Management LLC acquired a new position in shares of Post during the 1st quarter valued at $5,229,000. Finally, Hsbc Holdings PLC lifted its stake in shares of Post by 1,064.2% during the first quarter. Hsbc Holdings PLC now owns 28,336 shares of the company's stock worth $2,790,000 after purchasing an additional 25,902 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company's stock.
Insider Transactions at Post
In related news, Chairman William P. Stiritz sold 277,935 shares of the firm's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $84.23, for a total value of $23,410,465.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 14.05% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Post from a "hold (c)" rating to a "sell (d+)" rating in a research note on Monday, August 17th. Barclays dropped their target price on shares of Post from $95.00 to $88.00 and set an "overweight" rating for the company in a research report on Friday, October 16th. Zacks Research lowered Post from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 1st. JPMorgan Chase & Co. dropped their price objective on shares of Post from $116.00 to $99.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Finally, Evercore set a $121.00 price target on Post in a report on Monday, August 10th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $103.43.
Get Our Latest Research Report on Post
Trending Headlines about Post
Here are the key news stories impacting Post this week:
- Neutral Sentiment: The upcoming earnings release and fiscal 2027 outlook will be the next major catalysts for investors. The update is informational and does not change Post’s current earnings outlook. Post Holdings Schedules Fourth Quarter and Fiscal Year 2026 Conference Call
- Negative Sentiment: Investors may remain cautious ahead of the results because Post’s latest reported quarter showed revenue below expectations and year-over-year declines in both revenue and earnings, despite an adjusted earnings beat. The company also carries elevated leverage, which could increase sensitivity to margin pressure and interest costs.
Post Trading Down 1.7%
Post stock opened at $80.58 on Friday. Post Holdings, Inc. has a 52-week low of $71.45 and a 52-week high of $117.28. The company has a quick ratio of 0.99, a current ratio of 1.85 and a debt-to-equity ratio of 2.47. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 14.81 and a beta of 0.39. The firm has a 50-day moving average price of $78.40 and a two-hundred day moving average price of $88.35.
Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.70 by $0.08. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 3.48% and a return on equity of 13.22%. Post's revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.03 earnings per share. Sell-side analysts expect that Post Holdings, Inc. will post 7.57 earnings per share for the current year.
Post Profile
(
Free Report)
Post Holdings, Inc NYSE: POST is a consumer packaged goods company that develops, manufactures and distributes branded and private-label food products. Its portfolio includes breakfast cereals, eggs, refrigerated side dishes, active-nutrition products and foodservice items sold through grocery retailers, club stores, restaurants, institutions and other channels.
Post Consumer Brands markets cereals and other products under brands including Honey Bunches of Oats, Pebbles, Grape-Nuts, Great Grains and Malt-O-Meal.
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