Raymond James Financial Inc. Has $7.58 Million Stake in TreeHouse Foods, Inc. $THS

Key Points

• Raymond James Financial Inc. reduced its stake in TreeHouse Foods by 5.1% in Q1, holding about $7.58 million worth of shares after selling 15,175.
• TreeHouse Foods reported $0.17 EPS for the most recent quarter, exceeding the consensus estimate of $0.10 and experiencing a 1.2% year-over-year revenue increase to $801.40 million.
• Investment analysts have generally rated TreeHouse Foods as a "Hold", with a consensus price target of $24.00, reflecting a cautious outlook for the stock's performance.

Raymond James Financial Inc. trimmed its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 279,776 shares of the company's stock after selling 15,175 shares during the period. Raymond James Financial Inc. owned about 0.55% of TreeHouse Foods worth $7,579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of THS. Hsbc Holdings PLC boosted its position in shares of TreeHouse Foods by 4.5% during the fourth quarter. Hsbc Holdings PLC now owns 9,024 shares of the company's stock worth $317,000 after buying an additional 385 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of TreeHouse Foods by 7.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 40,436 shares of the company's stock worth $1,421,000 after buying an additional 2,865 shares during the period. Northern Trust Corp boosted its position in shares of TreeHouse Foods by 5.9% during the fourth quarter. Northern Trust Corp now owns 502,601 shares of the company's stock worth $17,656,000 after buying an additional 28,029 shares during the period. Comerica Bank boosted its position in shares of TreeHouse Foods by 1.5% during the fourth quarter. Comerica Bank now owns 28,207 shares of the company's stock worth $991,000 after buying an additional 407 shares during the period. Finally, Freestone Grove Partners LP acquired a new position in shares of TreeHouse Foods during the fourth quarter worth about $295,000. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Price Performance

NYSE:THS opened at $18.32 on Tuesday. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 0.98. The stock's 50 day moving average price is $19.64 and its two-hundred day moving average price is $23.02. The firm has a market capitalization of $925.21 million, a price-to-earnings ratio of 46.98 and a beta of 0.26. TreeHouse Foods, Inc. has a 12-month low of $17.37 and a 12-month high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.10 by $0.07. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.The company had revenue of $801.40 million for the quarter, compared to the consensus estimate of $788.84 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. The firm's revenue for the quarter 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. On average, analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on THS shares. Stifel Nicolaus reduced their price objective on TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a research report on Tuesday, July 29th. 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. Truist Financial dropped their price objective on TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. Finally, Mizuho dropped their price objective 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 investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, TreeHouse Foods presently has an average rating of "Hold" and a consensus target price of $24.00.

About TreeHouse Foods

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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