Charles Schwab Investment Management Inc. Raises Stake in TreeHouse Foods, Inc. $THS

Key Points

• Charles Schwab Investment Management Inc. increased its stake in TreeHouse Foods, owning 1.85% of the company with approximately 936,493 shares valued at $25.37 million.
• Analysts from various research firms have lowered their price targets for TreeHouse Foods, with the average target now set at $24.00 and several firms assigning a "hold" rating.
• TreeHouse Foods reported a quarterly EPS of $0.17 exceeding estimates, with a revenue growth of 1.2% year-over-year, and plans to guide towards 1.94 EPS for the current fiscal year.

Charles Schwab Investment Management Inc. lifted its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 936,493 shares of the company's stock after acquiring an additional 35,429 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.85% of TreeHouse Foods worth $25,370,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of TreeHouse Foods by 1,328.7% in the first quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock valued at $261,000 after acquiring an additional 8,969 shares in the last quarter. Northern Trust Corp raised its holdings in shares of TreeHouse Foods by 5.9% in the fourth quarter. Northern Trust Corp now owns 502,601 shares of the company's stock valued at $17,656,000 after acquiring an additional 28,029 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of TreeHouse Foods by 0.7% in the first quarter. Principal Financial Group Inc. now owns 225,073 shares of the company's stock valued at $6,097,000 after acquiring an additional 1,551 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of TreeHouse Foods by 5.8% in the first quarter. Envestnet Asset Management Inc. now owns 33,324 shares of the company's stock valued at $903,000 after acquiring an additional 1,830 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of TreeHouse Foods by 23.7% in the fourth quarter. Wells Fargo & Company MN now owns 29,376 shares of the company's stock valued at $1,032,000 after acquiring an additional 5,622 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on THS. Truist Financial reduced their target price on shares of TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating for the company in a report on Thursday, May 8th. Stifel Nicolaus reduced their target price on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. Mizuho reduced their target price on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a report on Monday, July 28th. Finally, Barclays reduced their target price on shares of TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. Seven research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $24.00.

TreeHouse Foods Stock Down 5.9%

Shares of THS stock traded down $1.10 during trading hours on Tuesday, reaching $17.74. 632,890 shares of the company's stock were exchanged, compared to its average volume of 956,319. TreeHouse Foods, Inc. has a 1 year low of $17.37 and a 1 year high of $43.84. The stock has a market cap of $895.67 million, a PE ratio of 45.48 and a beta of 0.25. 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 stock's fifty day moving average price is $19.84 and its two-hundred day moving average price is $23.50.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.17 earnings per share 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 for the quarter, compared to analyst estimates of $788.84 million. During the same quarter in the previous year, the firm earned $0.29 earnings per share. The company'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. Research analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

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.