TreeHouse Foods, Inc. $THS Shares Sold by Bragg Financial Advisors Inc

Key Points

• Bragg Financial Advisors Inc reduced its stake in TreeHouse Foods by 10.1% in the first quarter, holding 166,604 shares valued at approximately $4.5 million.
• TreeHouse Foods reported quarterly earnings of $0.17 per share, exceeding estimates and showing a 1.2% year-over-year revenue growth.
• Brokerages have recently adjusted their price targets for TreeHouse Foods, with an average target set at $24.00 and multiple analysts rating the stock as "Hold."

Bragg Financial Advisors Inc lowered its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 10.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 166,604 shares of the company's stock after selling 18,787 shares during the period. Bragg Financial Advisors Inc owned about 0.33% of TreeHouse Foods worth $4,513,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sessa Capital IM L.P. lifted its position in TreeHouse Foods by 121.9% during the 4th quarter. Sessa Capital IM L.P. now owns 3,242,483 shares of the company's stock valued at $113,908,000 after acquiring an additional 1,781,179 shares during the period. D. E. Shaw & Co. Inc. boosted its holdings in shares of TreeHouse Foods by 96.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 343,086 shares of the company's stock worth $12,053,000 after buying an additional 168,365 shares during the last quarter. Voloridge Investment Management LLC purchased a new position in TreeHouse Foods during the fourth quarter valued at approximately $5,613,000. Marshall Wace LLP purchased a new position in shares of TreeHouse Foods in the fourth quarter worth $5,366,000. Finally, Nuveen LLC purchased a new position in shares of TreeHouse Foods in the first quarter worth $3,807,000. 99.81% of the stock is owned by hedge funds and other institutional investors.

TreeHouse Foods Stock Performance

Shares of NYSE:THS traded up $0.30 during trading on Wednesday, reaching $17.99. The company had a trading volume of 148,918 shares, compared to its average volume of 713,682. The firm has a market capitalization of $908.50 million, a price-to-earnings ratio of 46.13 and a beta of 0.25. 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's fifty day moving average price is $19.84 and its 200 day moving average price is $23.50. TreeHouse Foods, Inc. has a fifty-two week low of $17.37 and a fifty-two week high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, beating 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 company posted $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. As a group, equities research analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.