Tudor Investment Corp ET AL Raises Stock Position in Flowers Foods, Inc. $FLO

Tudor Investment Corp ET AL raised its holdings in shares of Flowers Foods, Inc. (NYSE:FLO) by 96.5% during the third quarter, Holdings Channel.com reports. The fund owned 1,092,633 shares of the company’s stock after buying an additional 536,507 shares during the period. Tudor Investment Corp ET AL’s holdings in Flowers Foods were worth $14,259,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FLO. First Trust Advisors LP raised its stake in Flowers Foods by 13.5% during the 3rd quarter. First Trust Advisors LP now owns 4,371,965 shares of the company’s stock valued at $57,054,000 after purchasing an additional 521,670 shares during the period. Thomasville National Bank lifted its holdings in Flowers Foods by 64.7% in the 3rd quarter. Thomasville National Bank now owns 703,740 shares of the company’s stock worth $9,184,000 after purchasing an additional 276,411 shares in the last quarter. ProShare Advisors LLC boosted its stake in Flowers Foods by 139.1% in the 3rd quarter. ProShare Advisors LLC now owns 4,295,812 shares of the company’s stock worth $56,060,000 after purchasing an additional 2,499,194 shares during the period. Campbell & CO Investment Adviser LLC boosted its stake in Flowers Foods by 249.8% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 253,542 shares of the company’s stock worth $3,309,000 after purchasing an additional 181,060 shares during the period. Finally, SG Americas Securities LLC grew its holdings in Flowers Foods by 1,057.7% during the 3rd quarter. SG Americas Securities LLC now owns 343,957 shares of the company’s stock valued at $4,489,000 after buying an additional 314,247 shares in the last quarter. 75.45% of the stock is currently owned by hedge funds and other institutional investors.

Flowers Foods Stock Performance

NYSE:FLO opened at $8.24 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.75 and a quick ratio of 0.54. Flowers Foods, Inc. has a 1 year low of $7.86 and a 1 year high of $20.23. The stock’s 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $10.94. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 20.59 and a beta of 0.39.

Flowers Foods (NYSE:FLO) last posted its earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. Flowers Foods had a return on equity of 16.61% and a net margin of 1.59%.The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the company earned $0.22 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, equities analysts anticipate that Flowers Foods, Inc. will post 1.18 earnings per share for the current fiscal year.

Flowers Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were given a dividend of $0.2475 per share. The ex-dividend date was Friday, March 6th. This represents a $0.99 annualized dividend and a yield of 12.0%. Flowers Foods’s dividend payout ratio (DPR) is 247.50%.

Analyst Ratings Changes

FLO has been the topic of several recent analyst reports. Zacks Research cut shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Flowers Foods from $11.00 to $7.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Flowers Foods in a report on Thursday, January 22nd. Wall Street Zen cut shares of Flowers Foods from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Stephens set a $11.00 price objective on shares of Flowers Foods in a report on Wednesday, February 18th. Four research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $11.80.

Insider Activity at Flowers Foods

In other Flowers Foods 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 value of $1,678,270.00. Following the completion of the transaction, the chief executive officer directly owned 813,380 shares of the company’s stock, valued at $6,531,441.40. This trade represents a 20.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 11.57% of the stock is owned by insiders.

Flowers Foods Company 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.