Flowers Foods, Inc. $FLO Shares Purchased by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC boosted its position in Flowers Foods, Inc. (NYSE:FLO) by 327.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 85,255 shares of the company’s stock after buying an additional 65,315 shares during the period. Berkeley Capital Partners LLC’s holdings in Flowers Foods were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of FLO. State Street Corp boosted its holdings in shares of Flowers Foods by 6.3% in the 2nd quarter. State Street Corp now owns 10,245,714 shares of the company’s stock valued at $163,727,000 after acquiring an additional 602,920 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Flowers Foods by 3.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 7,701,163 shares of the company’s stock valued at $123,065,000 after purchasing an additional 251,923 shares during the period. ProShare Advisors LLC lifted its position in Flowers Foods by 139.1% during the third quarter. ProShare Advisors LLC now owns 4,295,812 shares of the company’s stock valued at $56,060,000 after purchasing an additional 2,499,194 shares during the period. First Trust Advisors LP boosted its holdings in Flowers Foods by 9.6% in the second quarter. First Trust Advisors LP now owns 3,850,295 shares of the company’s stock valued at $61,528,000 after purchasing an additional 337,399 shares during the last quarter. Finally, Invesco Ltd. grew its position in Flowers Foods by 4.6% during the 2nd quarter. Invesco Ltd. now owns 2,910,525 shares of the company’s stock worth $46,510,000 after purchasing an additional 127,669 shares during the period. Institutional investors and hedge funds own 75.45% of the company’s stock.

Insider Buying and Selling

In other news, CEO Ryals Mcmullian sold 209,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $10.87, for a total value of $2,271,830.00. Following the transaction, the chief executive officer owned 1,022,380 shares in the company, valued at $11,113,270.60. This trade represents a 16.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 11.57% of the company’s stock.

Flowers Foods Trading Up 0.1%

Shares of FLO stock opened at $9.90 on Friday. Flowers Foods, Inc. has a 1-year low of $9.44 and a 1-year high of $20.23. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 24.75 and a beta of 0.33. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.41 and a quick ratio of 0.57. The stock has a 50 day simple moving average of $10.94 and a 200-day simple moving average of $12.35.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $1.23 billion during 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 firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 EPS. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, equities research analysts expect that Flowers Foods, Inc. will post 1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Zacks Research raised Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 price target on shares of Flowers Foods in a report on Tuesday. Weiss Ratings restated a “sell (d+)” rating on shares of Flowers Foods in a research report on Thursday, January 22nd. Truist Financial dropped their price objective on shares of Flowers Foods from $15.00 to $10.00 and set a “hold” rating on the stock in a research note on Thursday, November 13th. Finally, Stephens set a $11.00 target price on shares of Flowers Foods in a research note on Wednesday. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $12.60.

About Flowers Foods

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.