T. Rowe Price Investment Management Inc. Trims Holdings in TreeHouse Foods, Inc. $THS

Key Points

• T. Rowe Price Investment Management Inc. has reduced its stake in TreeHouse Foods, Inc. by 31.2%, bringing its holdings to approximately $96.7 million after selling over 1.6 million shares.
• TreeHouse Foods reported earnings of $0.17 per share for the last quarter, exceeding analyst estimates of $0.10, with a 1.2% year-over-year revenue growth.
• Several analysts have lowered their price targets for TreeHouse Foods stock, with average consensus at $24.00 and a "Hold" rating from seven equities research analysts.

T. Rowe Price Investment Management Inc. lessened its stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 31.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,569,174 shares of the company's stock after selling 1,617,268 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 7.07% of TreeHouse Foods worth $96,689,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vident Advisory LLC bought a new stake in TreeHouse Foods in the 4th quarter worth approximately $223,000. GAMMA Investing LLC grew its position in TreeHouse Foods by 1,328.7% in the 1st quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock worth $261,000 after purchasing an additional 8,969 shares during the period. Hsbc Holdings PLC grew its position in TreeHouse Foods by 8.8% in the 1st quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock worth $268,000 after purchasing an additional 790 shares during the period. Bank of Montreal Can grew its position in TreeHouse Foods by 9.6% in the 4th quarter. Bank of Montreal Can now owns 7,740 shares of the company's stock worth $272,000 after purchasing an additional 681 shares during the period. Finally, HighTower Advisors LLC grew its position in TreeHouse Foods by 8.9% in the 1st quarter. HighTower Advisors LLC now owns 10,520 shares of the company's stock worth $285,000 after purchasing an additional 861 shares during the period. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Performance

THS stock traded down $0.8510 during midday trading on Monday, hitting $18.8790. 668,990 shares of the stock traded hands, compared to its average volume of 717,739. The firm has a market cap of $953.39 million, a P/E ratio of 48.41 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 simple moving average is $19.92 and its 200-day simple moving average is $23.65. TreeHouse Foods, Inc. has a 1-year low of $17.37 and a 1-year high of $43.84.

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

Analyst Ratings Changes

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