Jupiter Topco LLC Acquires Shares of 7,872 Turning Point Brands, Inc. $TPB

Posted by George Bondi on Sep 7th, 2026

Jupiter Topco LLC bought a new position in shares of Turning Point Brands, Inc. (NYSE:TPB – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,872 shares of the company’s stock, valued at approximately $667,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TPB. BlackRock Inc. bought a new position in shares of Turning Point Brands during the second quarter valued at about $137,273,000. Lord Abbett & CO. LLC bought a new stake in Turning Point Brands in the 4th quarter worth about $28,454,000. Madison Avenue Partners LP bought a new stake in Turning Point Brands in the 4th quarter worth about $26,853,000. Wellington Management Group LLP purchased a new stake in Turning Point Brands in the 3rd quarter valued at about $20,788,000. Finally, First Trust Advisors LP lifted its position in shares of Turning Point Brands by 72.4% during the 4th quarter. First Trust Advisors LP now owns 494,262 shares of the company’s stock worth $53,578,000 after buying an additional 207,604 shares in the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Turning Point Brands Stock Performance

NYSE TPB opened at $75.49 on Monday. Turning Point Brands, Inc. has a 12-month low of $65.80 and a 12-month high of $146.90. The firm has a market cap of $1.46 billion, a P/E ratio of 32.40 and a beta of 0.94. The company has a quick ratio of 4.16, a current ratio of 5.67 and a debt-to-equity ratio of 0.65. The company’s 50 day moving average is $82.94 and its 200-day moving average is $87.55.

Turning Point Brands (NYSE:TPB – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.11. Turning Point Brands had a return on equity of 11.35% and a net margin of 8.78%.The firm had revenue of $142.96 million for the quarter, compared to the consensus estimate of $129.56 million. During the same quarter in the prior year, the business posted $0.98 earnings per share. The business’s quarterly revenue was up 22.6% on a year-over-year basis. Sell-side analysts predict that Turning Point Brands, Inc. will post 1.23 earnings per share for the current year.

Turning Point Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 18th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Friday, September 18th. Turning Point Brands’s dividend payout ratio (DPR) is presently 13.73%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TPB shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Turning Point Brands in a research report on Friday, August 28th. BTIG Research restated a “buy” rating on shares of Turning Point Brands in a research note on Monday, August 10th. Compass Point set a $116.00 target price on Turning Point Brands in a research report on Monday, August 10th. Finally, Wall Street Zen upgraded Turning Point Brands from a “strong sell” rating to a “sell” rating in a research note on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Turning Point Brands has a consensus rating of “Moderate Buy” and an average price target of $115.67.

Read Our Latest Research Report on TPB

Turning Point Brands Profile

(Free Report)

Turning Point Brands, Inc (NYSE: TPB) is a U.S.-based consumer products company focused on the manufacture, marketing and distribution of smokeless tobacco, vaping and cigar products. Headquartered in Old Hickory, Tennessee, the company serves retail outlets across all 50 states through a direct-store-delivery network and select third-party distributors. Turning Point Brands operates two reporting segments—Smokeless Products and Cigar—and leverages its logistics capabilities to offer a broad portfolio of brands and SKUs.

In its Smokeless Products segment, Turning Point Brands produces moist smokeless tobacco under leading brand names such as Grizzly, Kodiak and Stoker’s.