Invesco Ltd. raised its holdings in TreeHouse Foods, Inc. (NYSE:THS – Free Report) by 3.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 335,550 shares of the company’s stock after buying an additional 10,805 shares during the quarter. Invesco Ltd. owned 0.66% of TreeHouse Foods worth $9,090,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vident Advisory LLC acquired a new stake in TreeHouse Foods in the 4th quarter valued at approximately $223,000. GAMMA Investing LLC raised its holdings in TreeHouse Foods by 1,328.7% in the 1st 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. Freestone Grove Partners LP acquired a new position in TreeHouse Foods in the 4th quarter valued at approximately $295,000. MQS Management LLC acquired a new position in TreeHouse Foods in the 1st quarter valued at approximately $298,000. Finally, Tandem Capital Management Corp ADV acquired a new position in TreeHouse Foods in the 1st quarter valued at approximately $301,000. Institutional investors and hedge funds own 99.81% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the company. Mizuho cut their price target on TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Monday, July 28th. Stifel Nicolaus cut their price target on TreeHouse Foods from $24.00 to $23.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. Barclays cut their price target on TreeHouse Foods from $25.00 to $21.00 and set an “equal weight” rating for the company in a report on Tuesday, July 15th. Finally, Truist Financial cut their price target on TreeHouse Foods from $25.00 to $20.00 and set a “hold” rating for the company in a report on Thursday, May 8th. Seven analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $24.00.
TreeHouse Foods Stock Performance
TreeHouse Foods stock opened at $19.67 on Monday. 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 has a fifty day moving average price of $19.92 and a two-hundred day moving average price of $23.65. TreeHouse Foods, Inc. has a 52-week low of $17.37 and a 52-week high of $43.84. The firm has a market capitalization of $993.34 million, a P/E ratio of 50.44 and a beta of 0.25.
TreeHouse Foods (NYSE:THS – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.07. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.The firm had revenue of $801.40 million during the quarter, compared to analyst estimates of $788.84 million. During the same period in the prior year, the company posted $0.29 earnings per share. The business’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, analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.
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.
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