XTX Topco Ltd Has $4.96 Million Stock Holdings in BellRing Brands Inc. $BRBR

XTX Topco Ltd boosted its position in BellRing Brands Inc. (NYSE:BRBR) by 325.9% during the 2nd quarter, Holdings Channel reports. The fund owned 85,657 shares of the company’s stock after buying an additional 65,546 shares during the period. XTX Topco Ltd’s holdings in BellRing Brands were worth $4,962,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BRBR. Maseco LLP acquired a new stake in shares of BellRing Brands in the 2nd quarter worth about $25,000. TCTC Holdings LLC boosted its stake in shares of BellRing Brands by 87.6% in the 1st quarter. TCTC Holdings LLC now owns 407 shares of the company’s stock worth $30,000 after buying an additional 190 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of BellRing Brands by 149.8% in the first quarter. Smartleaf Asset Management LLC now owns 517 shares of the company’s stock valued at $38,000 after acquiring an additional 310 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of BellRing Brands by 287.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 875 shares of the company’s stock valued at $65,000 after acquiring an additional 649 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in BellRing Brands during the second quarter worth $82,000. Institutional investors own 94.97% of the company’s stock.

BellRing Brands Price Performance

Shares of BRBR opened at $30.80 on Tuesday. BellRing Brands Inc. has a 1-year low of $22.45 and a 1-year high of $80.67. The company has a market capitalization of $3.88 billion, a P/E ratio of 18.33, a P/E/G ratio of 3.91 and a beta of 0.70. The firm’s 50 day simple moving average is $32.61 and its 200 day simple moving average is $45.74.

BellRing Brands (NYSE:BRBR) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). The company had revenue of $648.20 million during the quarter, compared to the consensus estimate of $633.21 million. BellRing Brands had a negative return on equity of 95.87% and a net margin of 9.33%.BellRing Brands’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS. BellRing Brands has set its FY 2026 guidance at EPS. On average, equities analysts anticipate that BellRing Brands Inc. will post 2.23 earnings per share for the current year.

BellRing Brands announced that its board has authorized a share buyback plan on Tuesday, September 2nd that permits the company to buyback $400.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts recently issued reports on BRBR shares. TD Cowen restated a “hold” rating and set a $31.00 price objective (down previously from $37.00) on shares of BellRing Brands in a report on Thursday, November 20th. Evercore ISI cut their price target on BellRing Brands from $40.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. DA Davidson set a $38.00 price objective on BellRing Brands in a research note on Thursday. Morgan Stanley lowered their price target on shares of BellRing Brands from $43.00 to $41.00 and set an “overweight” rating on the stock in a report on Wednesday, November 19th. Finally, Zacks Research cut shares of BellRing Brands from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 1st. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.87.

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.