Envestnet Asset Management Inc. Lowers Stock Holdings in BellRing Brands Inc. $BRBR

Envestnet Asset Management Inc. cut its holdings in BellRing Brands Inc. (NYSE:BRBR) by 36.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 199,038 shares of the company’s stock after selling 115,453 shares during the quarter. Envestnet Asset Management Inc. owned 0.16% of BellRing Brands worth $7,235,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. increased its holdings in BellRing Brands by 2.3% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,083 shares of the company’s stock worth $526,000 after acquiring an additional 200 shares in the last quarter. Shilanski & Associates Inc. grew its position in shares of BellRing Brands by 1.2% in the second quarter. Shilanski & Associates Inc. now owns 23,218 shares of the company’s stock valued at $1,345,000 after purchasing an additional 264 shares during the period. VestGen Investment Management increased its stake in shares of BellRing Brands by 5.0% during the second quarter. VestGen Investment Management now owns 6,080 shares of the company’s stock worth $352,000 after purchasing an additional 292 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of BellRing Brands by 22.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,743 shares of the company’s stock worth $101,000 after purchasing an additional 325 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in BellRing Brands by 42.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,248 shares of the company’s stock valued at $72,000 after buying an additional 373 shares in the last quarter. Hedge funds and other institutional investors own 94.97% of the company’s stock.

Insider Activity

In other news, insider Douglas J. Cornille sold 3,970 shares of BellRing Brands stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $30.93, for a total transaction of $122,792.10. Following the sale, the insider owned 54,812 shares of the company’s stock, valued at approximately $1,695,335.16. The trade was a 6.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is owned by corporate insiders.

More BellRing Brands News

Here are the key news stories impacting BellRing Brands this week:

• Positive Sentiment: Company fundamentals/reminder — BellRing recently reported a quarterly earnings beat (Feb. 3) with revenue above consensus and positive net margin, which provides some operational context that could limit downside from legal headlines.
• Neutral Sentiment: Multiple law firms are issuing procedural reminders about the March 23, 2026 lead-plaintiff deadline for a class action covering purchases between Nov. 19, 2024 and Aug. 4, 2025; these notices are primarily solicitations to potential plaintiffs rather than new allegations. Faruqi & Faruqi reminder
• Negative Sentiment: Multiple firms have filed or publicized a securities class action alleging BellRing and certain executives misled investors about the drivers of 2025 sales growth and that inventory issues precipitated a large stock drop; one notice cites an alleged ~$2.9 billion market-value wipeout. These allegations increase the risk of litigation costs, management distraction, and continued selling pressure. Hagens Berman alert
• Negative Sentiment: Several other national plaintiffs’ firms have filed suits or issued client alerts (BFA Law, Berger Montague, Pomerantz, Levi & Korsinsky, etc.), amplifying publicity and the likelihood of competing lead-plaintiff motions and consolidated litigation—factors that can prolong resolution and increase legal expense. BFA Law filing

Wall Street Analyst Weigh In

A number of equities analysts have commented on BRBR shares. William Blair reissued an “outperform” rating on shares of BellRing Brands in a report on Tuesday, February 3rd. TD Cowen reiterated a “hold” rating on shares of BellRing Brands in a research report on Thursday, January 8th. Jefferies Financial Group restated a “buy” rating and issued a $48.00 price objective on shares of BellRing Brands in a report on Wednesday, November 19th. Evercore lowered their target price 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, DA Davidson reiterated a “buy” rating and issued a $32.00 target price on shares of BellRing Brands in a research report on Wednesday, February 4th. Twelve analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.88.

BellRing Brands Stock Up 0.5%

Shares of NYSE:BRBR opened at $19.07 on Friday. BellRing Brands Inc. has a 52-week low of $17.09 and a 52-week high of $79.57. The stock has a market cap of $2.24 billion, a P/E ratio of 13.15, a PEG ratio of 3.74 and a beta of 0.64. The business has a fifty day moving average of $24.44 and a two-hundred day moving average of $31.01.

BellRing Brands (NYSE:BRBR) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. BellRing Brands had a net margin of 7.88% and a negative return on equity of 64.79%. The firm had revenue of $537.30 million for the quarter, compared to analysts’ expectations of $505.44 million. During the same quarter in the previous year, the company posted $0.58 EPS. The company’s revenue was up .8% compared to the same quarter last year. On average, equities analysts anticipate that BellRing Brands Inc. will post 2.23 earnings per share for the current year.

BellRing Brands Profile

BellRing Brands, Inc is a consumer packaged goods company specializing in high‐protein, better‐for‐you nutrition products. Formed in March 2020 as a spin‐off from Post Holdings, the company focuses on delivering convenient protein solutions to health‐conscious consumers through a portfolio of well‐known and emerging brands.

The company’s product offerings include ready‐to‐drink protein shakes, protein powders, nutrition bars and other performance nutrition items. BellRing Brands’ flagship brands include Premier Protein, a line of shakes and bars designed for everyday protein supplementation, as well as Dymatize and PowerBar, which cater to athletes and active individuals seeking advanced sports nutrition formulas.

BellRing Brands markets its products primarily across North America, leveraging relationships with major retailers, wholesale clubs and e-commerce platforms to reach consumers in the United States and Canada.