BellRing Brands Inc. $BRBR Stock Holdings Raised by Boston Partners

Boston Partners boosted its position in BellRing Brands Inc. (NYSE:BRBR) by 36.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 447,762 shares of the company’s stock after buying an additional 119,812 shares during the quarter. Boston Partners owned approximately 0.35% of BellRing Brands worth $24,618,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Axiom Investors LLC DE raised its holdings in shares of BellRing Brands by 418.1% during the first quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company’s stock worth $167,455,000 after purchasing an additional 1,814,811 shares during the period. William Blair Investment Management LLC acquired a new position in shares of BellRing Brands in the 2nd quarter valued at about $124,777,000. Driehaus Capital Management LLC grew its position in shares of BellRing Brands by 19.4% during the 1st quarter. Driehaus Capital Management LLC now owns 1,461,515 shares of the company’s stock valued at $108,824,000 after buying an additional 237,475 shares during the last quarter. Junto Capital Management LP acquired a new stake in BellRing Brands during the first quarter worth about $97,725,000. Finally, Primecap Management Co. CA raised its stake in BellRing Brands by 89.5% during the second quarter. Primecap Management Co. CA now owns 1,145,218 shares of the company’s stock worth $66,342,000 after acquiring an additional 540,818 shares during the period. Institutional investors own 94.97% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Barclays cut their target price on BellRing Brands from $44.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Sanford C. Bernstein started coverage on shares of BellRing Brands in a research report on Thursday, October 23rd. They issued an “outperform” rating and a $46.00 price objective on the stock. Morgan Stanley decreased their target price on shares of BellRing Brands from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Evercore ISI dropped their price target on shares of BellRing Brands from $40.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Finally, Stephens raised BellRing Brands from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $68.00 to $50.00 in a report on Wednesday, August 6th. Eleven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $42.87.

BellRing Brands Stock Performance

BellRing Brands stock opened at $30.58 on Friday. BellRing Brands Inc. has a 52 week low of $22.45 and a 52 week high of $80.67. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 4.02 and a beta of 0.70. The company has a 50 day moving average price of $32.24 and a 200 day moving average price of $45.31.

BellRing Brands (NYSE:BRBR) last announced its quarterly earnings data on Tuesday, November 18th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). BellRing Brands had a negative return on equity of 95.87% and a net margin of 9.33%.The business had revenue of $648.20 million for the quarter, compared to analyst estimates of $633.21 million. During the same quarter in the previous year, the business posted $0.51 earnings per share. The company’s revenue was up 16.6% compared to the same quarter last year. BellRing Brands has set its FY 2026 guidance at EPS. Equities analysts forecast that BellRing Brands Inc. will post 2.23 earnings per share for the current fiscal year.

BellRing Brands declared that its Board of Directors has authorized a share buyback plan on Tuesday, September 2nd that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

BellRing Brands Company Profile

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.