Flowers Foods, Inc. $FLO Stock Holdings Increased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in Flowers Foods, Inc. (NYSE:FLO) by 32.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 75,776 shares of the company’s stock after buying an additional 18,729 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Flowers Foods were worth $1,211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. IFP Advisors Inc increased its stake in shares of Flowers Foods by 860.2% in the second quarter. IFP Advisors Inc now owns 1,978 shares of the company’s stock worth $32,000 after acquiring an additional 1,772 shares during the last quarter. Allworth Financial LP increased its position in Flowers Foods by 904.8% in the 1st quarter. Allworth Financial LP now owns 2,502 shares of the company’s stock worth $45,000 after purchasing an additional 2,253 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in Flowers Foods by 278.8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 2,917 shares of the company’s stock worth $47,000 after purchasing an additional 2,147 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Flowers Foods by 54.2% during the 2nd quarter. UMB Bank n.a. now owns 3,357 shares of the company’s stock worth $54,000 after purchasing an additional 1,180 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Flowers Foods by 63.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,739 shares of the company’s stock valued at $71,000 after buying an additional 1,446 shares during the last quarter. 75.45% of the stock is currently owned by hedge funds and other institutional investors.

Flowers Foods Price Performance

Shares of Flowers Foods stock opened at $12.77 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.90 and a debt-to-equity ratio of 1.23. The firm has a fifty day simple moving average of $14.09 and a 200-day simple moving average of $15.87. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 12.28 and a beta of 0.27. Flowers Foods, Inc. has a 1-year low of $12.42 and a 1-year high of $23.09.

Flowers Foods (NYSE:FLO) last announced its earnings results on Friday, August 15th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.29 by $0.01. Flowers Foods had a net margin of 4.30% and a return on equity of 17.85%. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the firm posted $0.36 EPS. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Flowers Foods has set its FY 2025 guidance at 1.000-1.10 EPS. On average, sell-side analysts expect that Flowers Foods, Inc. will post 1.18 earnings per share for the current year.

Flowers Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 5th were paid a dividend of $0.2475 per share. The ex-dividend date was Friday, September 5th. This represents a $0.99 annualized dividend and a yield of 7.8%. Flowers Foods’s dividend payout ratio is presently 95.19%.

Insider Activity at Flowers Foods

In other news, insider Cindy Cox sold 3,600 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $15.00, for a total value of $54,000.00. Following the completion of the sale, the insider directly owned 16,994 shares of the company’s stock, valued at approximately $254,910. This represents a 17.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ryals Mcmullian sold 350,000 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.82, for a total transaction of $4,487,000.00. Following the completion of the sale, the chief executive officer owned 1,231,380 shares in the company, valued at approximately $15,786,291.60. The trade was a 22.13% decrease in their position. The disclosure for this sale can be found here. 11.57% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. DA Davidson reissued a “neutral” rating and issued a $15.00 price target on shares of Flowers Foods in a research note on Monday, August 18th. Truist Financial decreased their target price on shares of Flowers Foods from $20.00 to $15.00 and set a “hold” rating for the company in a research report on Monday, August 18th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Flowers Foods in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $15.33.

Flowers Foods Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.