Hsbc Holdings PLC increased its holdings in TreeHouse Foods, Inc. (NYSE:THS – Free Report) by 8.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,814 shares of the company’s stock after purchasing an additional 790 shares during the period. Hsbc Holdings PLC’s holdings in TreeHouse Foods were worth $268,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Vident Advisory LLC purchased a new stake in shares of TreeHouse Foods in the fourth quarter worth about $223,000. GAMMA Investing LLC lifted its holdings in TreeHouse Foods by 1,328.7% during the 1st quarter. GAMMA Investing LLC now owns 9,644 shares of the company’s stock worth $261,000 after buying an additional 8,969 shares during the last quarter. HighTower Advisors LLC raised its position in shares of TreeHouse Foods by 8.9% during 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. MQS Management LLC acquired a new stake in shares of TreeHouse Foods during the 1st quarter worth approximately $298,000. Finally, Tandem Capital Management Corp ADV acquired a new stake in TreeHouse Foods in the 1st quarter valued at approximately $301,000. Hedge funds and other institutional investors own 99.81% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on THS. Stifel Nicolaus decreased their price target on TreeHouse Foods from $24.00 to $23.00 and set a “hold” rating for the company in a research note on Tuesday, July 29th. Mizuho decreased their target price on TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Monday, July 28th. Barclays decreased their target price on 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, Truist Financial cut their price objective 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, TreeHouse Foods presently has a consensus rating of “Hold” and an average target price of $24.00.
TreeHouse Foods Trading Down 0.0%
TreeHouse Foods stock opened at $18.15 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.38 and a current ratio of 1.26. The business’s 50-day simple moving average is $19.53 and its 200-day simple moving average is $22.84. The firm has a market capitalization of $916.32 million, a PE ratio of 46.53 and a beta of 0.26. TreeHouse Foods, Inc. has a 52 week low of $17.37 and a 52 week high of $43.84.
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 (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.07. The firm had revenue of $801.40 million for the quarter, compared to analyst estimates of $788.84 million. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 earnings per share. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that TreeHouse Foods, Inc. will post 1.94 earnings per share 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.
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