50,184 Shares in Utz Brands, Inc. $UTZ Bought by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. purchased a new stake in Utz Brands, Inc. (NYSE:UTZ) during the 1st quarter, HoldingsChannel reports. The firm purchased 50,184 shares of the company’s stock, valued at approximately $397,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. ProShare Advisors LLC raised its holdings in Utz Brands by 8.7% in the 4th quarter. ProShare Advisors LLC now owns 13,457 shares of the company’s stock worth $140,000 after purchasing an additional 1,074 shares in the last quarter. Pathstone Holdings LLC lifted its position in shares of Utz Brands by 0.8% in the 3rd quarter. Pathstone Holdings LLC now owns 140,831 shares of the company’s stock worth $1,711,000 after purchasing an additional 1,075 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of Utz Brands by 1.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 109,921 shares of the company’s stock valued at $1,380,000 after purchasing an additional 1,137 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Utz Brands by 76.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock valued at $47,000 after purchasing an additional 1,623 shares in the last quarter. Finally, First Bank & Trust increased its position in shares of Utz Brands by 10.8% during the fourth quarter. First Bank & Trust now owns 17,986 shares of the company’s stock valued at $187,000 after buying an additional 1,748 shares during the period. 95.97% of the stock is owned by hedge funds and other institutional investors.

Utz Brands Stock Up 0.2%

NYSE:UTZ opened at $14.09 on Friday. The firm’s 50-day moving average price is $7.83 and its 200-day moving average price is $8.43. The company has a market capitalization of $2.03 billion, a PE ratio of -140.84, a P/E/G ratio of 5.11 and a beta of 0.82. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.14 and a quick ratio of 0.75. Utz Brands, Inc. has a 1-year low of $6.78 and a 1-year high of $14.53.

Utz Brands (NYSE:UTZ) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Utz Brands had a negative net margin of 0.58% and a positive return on equity of 8.61%. The company had revenue of $361.30 million during the quarter, compared to analyst estimates of $361.76 million. During the same period last year, the business earned $0.16 EPS. Utz Brands’s quarterly revenue was up 2.6% compared to the same quarter last year. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. On average, equities analysts predict that Utz Brands, Inc. will post 0.78 EPS for the current fiscal year.

Utz Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 22nd were paid a dividend of $0.063 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.8%. Utz Brands’s dividend payout ratio (DPR) is currently -250.00%.

Trending Headlines about Utz Brands

Here are the key news stories impacting Utz Brands this week:

• Positive Sentiment: Utz announced a take-private agreement with Intersnack at $14.25 per share, which lifted the stock sharply as investors priced in the acquisition premium. Utz Will Go Private in $2.9B Deal With Intersnack
• Positive Sentiment: Piper Sandler reaffirmed a neutral rating but raised its price target to $14.25 from $10.00, effectively aligning its target with the deal price and reinforcing the transaction’s valuation. Piper Sandler rating update
• Neutral Sentiment: Several law firms announced investigations into whether the buyout price and process were fair to shareholders, which may add headline noise but does not change the announced terms. Kaskela Law Alert
• Neutral Sentiment: Other reports focused on the deal and cited UTZ’s move to go private, keeping attention on the acquisition rather than operations or earnings. Baltimore favorite Utz plans to go private in deal valued at nearly $3B
• Negative Sentiment: DA Davidson, Barclays, and Stephens all downgraded the stock or moved to a more cautious stance, suggesting less upside beyond the deal price and reflecting uncertainty around the transaction. Barclays Downgrades Utz Brands

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. UBS Group reissued a “neutral” rating and issued a $14.25 price target on shares of Utz Brands in a research note on Wednesday. DA Davidson reaffirmed a “neutral” rating and set a $14.25 price objective (down from $15.00) on shares of Utz Brands in a research report on Wednesday. BTIG Research began coverage on Utz Brands in a report on Monday, April 13th. They set a “buy” rating and a $10.00 target price on the stock. Zacks Research raised Utz Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, TD Cowen lowered their target price on Utz Brands from $11.00 to $9.00 and set a “hold” rating for the company in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.39.

Utz Brands Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.