Turning Point Brands, Inc. $TPB is Findell Capital Management LLC’s 5th Largest Position

Posted by Francis Steltz on Jun 18th, 2026

Findell Capital Management LLC boosted its stake in Turning Point Brands, Inc. (NYSE:TPB – Free Report) by 41.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 127,000 shares of the company’s stock after buying an additional 37,000 shares during the quarter. Turning Point Brands makes up about 4.0% of Findell Capital Management LLC’s holdings, making the stock its 5th biggest position. Findell Capital Management LLC’s holdings in Turning Point Brands were worth $13,767,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Copeland Capital Management LLC lifted its position in Turning Point Brands by 29,795.8% in the 4th quarter. Copeland Capital Management LLC now owns 204,188 shares of the company’s stock worth $22,134,000 after buying an additional 203,505 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Turning Point Brands in the 3rd quarter worth approximately $3,735,000. Teachers Retirement System of The State of Kentucky purchased a new stake in Turning Point Brands in the 3rd quarter worth approximately $2,230,000. JPMorgan Chase & Co. lifted its position in Turning Point Brands by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 49,970 shares of the company’s stock worth $4,940,000 after buying an additional 21,131 shares in the last quarter. Finally, Crown Advisors Management Inc. lifted its position in Turning Point Brands by 60.0% in the 3rd quarter. Crown Advisors Management Inc. now owns 40,000 shares of the company’s stock worth $3,954,000 after buying an additional 15,000 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on TPB. Wall Street Zen upgraded shares of Turning Point Brands from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Needham & Company LLC upgraded shares of Turning Point Brands from a “hold” rating to a “buy” rating and set a $125.00 price target on the stock in a report on Friday, May 8th. Zacks Research downgraded shares of Turning Point Brands from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Finally, Weiss Ratings downgraded shares of Turning Point Brands from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Turning Point Brands presently has a consensus rating of “Hold” and a consensus target price of $118.75.

Get Our Latest Research Report on TPB

Insider Buying and Selling

In related news, CAO Brian Wigginton sold 4,000 shares of Turning Point Brands stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $91.67, for a total value of $366,680.00. Following the transaction, the chief accounting officer owned 9,230 shares in the company, valued at $846,114.10. This trade represents a 30.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.40% of the stock is owned by company insiders.

Turning Point Brands Stock Down 5.0%

Turning Point Brands stock opened at $79.55 on Thursday. The company has a market capitalization of $1.54 billion, a P/E ratio of 27.06 and a beta of 0.92. The firm’s fifty day simple moving average is $83.78 and its 200-day simple moving average is $99.67. The company has a current ratio of 5.87, a quick ratio of 4.05 and a debt-to-equity ratio of 0.76. Turning Point Brands, Inc. has a 1-year low of $65.80 and a 1-year high of $146.90.

Turning Point Brands (NYSE:TPB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.08. The business had revenue of $124.28 million for the quarter, compared to the consensus estimate of $115.67 million. Turning Point Brands had a net margin of 11.53% and a return on equity of 16.54%. Turning Point Brands’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 EPS. Sell-side analysts forecast that Turning Point Brands, Inc. will post 1.43 earnings per share for the current fiscal year.

Turning Point Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 19th will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. Turning Point Brands’s dividend payout ratio (DPR) is currently 10.88%.

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.