Redwood Investment Management LLC acquired a new stake in Post Holdings, Inc. (NYSE:POST - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 24,657 shares of the company's stock, valued at approximately $2,176,000. Redwood Investment Management LLC owned about 0.05% of Post as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in Post in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. boosted its position in Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company's stock worth $27,000 after purchasing an additional 135 shares during the period. Larson Financial Group LLC increased its holdings in shares of Post by 62.8% in the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company's stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. Summit Securities Group LLC acquired a new position in shares of Post in the first quarter valued at $28,000. Finally, Highlander Partners L.P. bought a new position in shares of Post in the fourth quarter valued at about $33,000. 94.85% of the stock is currently owned by institutional investors.
Post Stock Performance
Shares of Post stock opened at $82.02 on Thursday. The company has a current ratio of 1.85, a quick ratio of 0.99 and a debt-to-equity ratio of 2.47. The company has a market cap of $3.72 billion, a PE ratio of 15.08 and a beta of 0.40. The company has a 50 day moving average of $86.69 and a 200-day moving average of $95.75. Post Holdings, Inc. has a 1-year low of $75.40 and a 1-year high of $117.28.
Post (NYSE:POST - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.70 by $0.08. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. Post had a net margin of 3.48% and a return on equity of 13.22%. The company's revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.03 earnings per share. As a group, equities research analysts forecast that Post Holdings, Inc. will post 7.56 earnings per share for the current fiscal year.
Analysts Set New Price Targets
POST has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Post from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Wells Fargo & Company decreased their target price on Post from $98.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Monday, August 10th. Stifel Nicolaus set a $125.00 price target on Post in a report on Friday, August 7th. Evercore set a $121.00 price target on Post in a research note on Monday, August 10th. Finally, Barclays lowered their price objective on Post from $106.00 to $95.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $109.00.
Read Our Latest Report on POST
Post News Roundup
Here are the key news stories impacting Post this week:
- Positive Sentiment: Post’s latest quarterly earnings exceeded expectations, with adjusted EPS of $1.78 versus the $1.70 consensus estimate. The company also remains profitable, with analysts forecasting approximately $7.56 in EPS for the current fiscal year.
- Neutral Sentiment: The stock trades at roughly 15 times earnings, which may appeal to value-oriented investors, while its low beta of 0.40 suggests relatively limited sensitivity to broader market swings.
- Negative Sentiment: The latest results included revenue of $1.95 billion, below the $2.02 billion analyst estimate, with sales down 1.8% year over year. EPS also declined from $2.03 in the prior-year quarter, indicating ongoing pressure on demand and profitability.
- Negative Sentiment: Post Holdings continues to carry substantial leverage, reflected in a debt-to-equity ratio of 2.47. Shares also remain below their 50-day and 200-day moving averages, signaling that the broader price trend is still weak despite the recent increase.
Post Company Profile
(
Free Report)
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company's principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
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