PNC Financial Services Group Inc. Sells 650 Shares of TreeHouse Foods, Inc. $THS

PNC Financial Services Group Inc. lessened its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 11.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,986 shares of the company’s stock after selling 650 shares during the period. PNC Financial Services Group Inc.’s holdings in TreeHouse Foods were worth $135,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sterling Capital Management LLC raised its position in TreeHouse Foods by 134.4% during the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company’s stock valued at $83,000 after purchasing an additional 1,361 shares in the last quarter. Vident Advisory LLC acquired a new position in TreeHouse Foods during the fourth quarter valued at approximately $223,000. Bank of Montreal Can raised its position in TreeHouse Foods by 9.6% during the fourth quarter. Bank of Montreal Can now owns 7,740 shares of the company’s stock valued at $272,000 after purchasing an additional 681 shares in the last quarter. Freestone Grove Partners LP acquired a new position in TreeHouse Foods during the fourth quarter valued at approximately $295,000. Finally, Hsbc Holdings PLC raised its position in TreeHouse Foods by 4.5% during the fourth quarter. Hsbc Holdings PLC now owns 9,024 shares of the company’s stock valued at $317,000 after purchasing an additional 385 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

TreeHouse Foods Stock Performance

Shares of TreeHouse Foods stock opened at $18.4610 on Wednesday. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 0.98. TreeHouse Foods, Inc. has a twelve month low of $17.54 and a twelve month high of $43.84. The stock has a market cap of $932.28 million, a price-to-earnings ratio of 47.34 and a beta of 0.25. The company’s fifty day moving average is $20.10 and its 200 day moving average is $24.05.

TreeHouse Foods (NYSE:THS) last released its earnings results 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 analyst estimates of $788.84 million. During the same quarter in the previous year, the business earned $0.29 earnings per share. TreeHouse Foods’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. Sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Wall Street Analysts Forecast Growth

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

TreeHouse Foods 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.