Cwm LLC raised its stake in Flowers Foods, Inc. (NYSE:FLO – Free Report) by 204.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 164,772 shares of the company’s stock after purchasing an additional 110,651 shares during the quarter. Cwm LLC owned about 0.08% of Flowers Foods worth $1,793,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in FLO. Integrated Wealth Concepts LLC acquired a new position in shares of Flowers Foods in the 1st quarter valued at $499,000. Millennium Management LLC boosted its holdings in shares of Flowers Foods by 209.6% in the 1st quarter. Millennium Management LLC now owns 949,688 shares of the company’s stock valued at $18,054,000 after purchasing an additional 642,942 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Flowers Foods by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 976,456 shares of the company’s stock valued at $18,562,000 after purchasing an additional 65,258 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Flowers Foods by 10.6% in the 1st quarter. Empowered Funds LLC now owns 150,404 shares of the company’s stock valued at $2,859,000 after purchasing an additional 14,476 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Flowers Foods by 12.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 744,714 shares of the company’s stock valued at $14,157,000 after purchasing an additional 81,066 shares during the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.
Insider Buying and Selling at Flowers Foods
In related news, CEO Ryals Mcmullian sold 209,000 shares of Flowers Foods stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $8.03, for a total transaction of $1,678,270.00. Following the transaction, the chief executive officer owned 813,380 shares in the company, valued at approximately $6,531,441.40. The trade was a 20.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 11.57% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on FLO
Flowers Foods Stock Performance
NYSE:FLO opened at $8.79 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 21.96 and a beta of 0.39. The firm’s fifty day simple moving average is $8.82 and its 200 day simple moving average is $10.46. Flowers Foods, Inc. has a twelve month low of $7.86 and a twelve month high of $18.05.
Flowers Foods (NYSE:FLO – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Flowers Foods had a net margin of 1.59% and a return on equity of 16.61%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, equities research analysts expect that Flowers Foods, Inc. will post 0.86 earnings per share for the current fiscal year.
Flowers Foods Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were issued a dividend of $0.2475 per share. The ex-dividend date was Friday, March 6th. This represents a $0.99 annualized dividend and a dividend yield of 11.3%. Flowers Foods’s payout ratio is presently 247.50%.
Flowers Foods Profile
Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.
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