Northern Trust Corp Sells 29,556 Shares of TreeHouse Foods, Inc. $THS

Key Points

• Northern Trust Corp reduced its holdings in TreeHouse Foods, Inc. by 5.9%, owning 473,045 shares valued at approximately $12.82 million.
• TreeHouse Foods has received several downgrades from analysts, with price targets decreasing from $25 to as low as $20, while the consensus rating remains at "Hold."
• The company reported earnings of $0.17 EPS, exceeding estimates, with revenue of $801.40 million for the quarter, marking a 1.2% increase year-over-year.

Northern Trust Corp cut its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 5.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 473,045 shares of the company's stock after selling 29,556 shares during the quarter. Northern Trust Corp owned approximately 0.94% of TreeHouse Foods worth $12,815,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vident Advisory LLC acquired a new position in shares of TreeHouse Foods in the fourth quarter valued at approximately $223,000. GAMMA Investing LLC grew its holdings in shares of TreeHouse Foods by 1,328.7% during the 1st 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 during the last quarter. HighTower Advisors LLC grew its holdings in TreeHouse Foods by 8.9% during the 1st quarter. HighTower Advisors LLC now owns 10,520 shares of the company's stock worth $285,000 after acquiring an additional 861 shares during the last quarter. MQS Management LLC acquired a new position in shares of TreeHouse Foods in the 1st quarter worth approximately $298,000. Finally, Tandem Capital Management Corp ADV bought a new stake in TreeHouse Foods during the 1st quarter valued at $301,000. 99.81% of the stock is owned by institutional investors.

TreeHouse Foods Price Performance

NYSE:THS traded down $0.25 during trading hours on Wednesday, reaching $17.53. 737,198 shares of the company traded hands, compared to its average volume of 823,177. 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 stock has a market cap of $885.47 million, a P/E ratio of 44.96 and a beta of 0.26. The firm's 50-day moving average is $19.34 and its 200-day moving average is $22.50. TreeHouse Foods, Inc. has a 1-year low of $17.26 and a 1-year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.07. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.The business had revenue of $801.40 million during the quarter, compared to the consensus estimate of $788.84 million. During the same period last year, the firm earned $0.29 earnings per share. The company's revenue for the quarter was up 1.2% compared to the same quarter last year. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts expect that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

THS has been the topic of a number of recent analyst reports. Mizuho lowered their target price on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating on the stock in a research note on Monday, July 28th. Stifel Nicolaus decreased their price objective 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, Barclays dropped their price target on TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 15th. Seven investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $24.00.

TreeHouse Foods 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.