Freshpet, Inc. $FRPT Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its position in shares of Freshpet, Inc. (NASDAQ:FRPT) by 58.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,187 shares of the company’s stock after acquiring an additional 13,000 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Freshpet were worth $1,939,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. State of Wyoming acquired a new position in Freshpet in the 2nd quarter worth about $34,000. EverSource Wealth Advisors LLC grew its holdings in Freshpet by 1,388.2% in the second quarter. EverSource Wealth Advisors LLC now owns 506 shares of the company’s stock valued at $34,000 after purchasing an additional 472 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Freshpet in the second quarter valued at approximately $35,000. Ossiam raised its stake in shares of Freshpet by 81.1% during the 2nd quarter. Ossiam now owns 509 shares of the company’s stock worth $35,000 after buying an additional 228 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in shares of Freshpet by 258.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 542 shares of the company’s stock valued at $37,000 after buying an additional 391 shares in the last quarter.

Freshpet News Summary

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Q4 results and outlook beat expectations — Freshpet reported stronger-than-expected Q4 metrics (volume growth ~9.7%, EBITDA up ~16%) and a solid 2026 outlook, which lifted sentiment after the print. Read More.
• Positive Sentiment: Wells Fargo raised its price target to $90 and moved to “overweight,” giving the largest upside among recent analyst actions and providing bullish third‑party validation. Read More.
• Positive Sentiment: Morgan Stanley upgraded Freshpet — another major shop showing improved conviction after the quarter. Read More.
• Neutral Sentiment: JPMorgan lifted its target to $80 but maintained a neutral rating, signaling cautious optimism but limited near-term upside. Read More.
• Neutral Sentiment: TD Cowen raised its target to $80 (hold) and DA Davidson reaffirmed a $80 price target (buy), reflecting analyst recalibration after the results. Read More.
• Neutral Sentiment: Bank of America reiterated a Hold and highlighted that long-term margin potential remains, but elevated near-term spending tempers enthusiasm. Read More.
• Neutral Sentiment: Transcript of the Q4 earnings call is available for investors who want management’s commentary on demand, pricing and capital allocation. Read More.
• Negative Sentiment: Freshpet disclosed growing reliance on AI and flagged operational, legal and cyber risks tied to that use — a new risk item that could prompt investor caution around execution and compliance. Read More.
• Negative Sentiment: Independent analysis raised questions about Freshpet’s growth dynamics and sustainability, which may temper investor enthusiasm despite the recent beat. Read More.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Robert W. Baird cut their price target on shares of Freshpet from $100.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, October 31st. Stephens reiterated an “overweight” rating and issued a $90.00 target price on shares of Freshpet in a research report on Tuesday. Morgan Stanley upgraded shares of Freshpet from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $71.00 to $90.00 in a research report on Tuesday. TD Cowen set a $60.00 price target on shares of Freshpet in a research note on Tuesday. Finally, Piper Sandler boosted their price objective on Freshpet from $80.00 to $87.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $76.47.

Freshpet Trading Down 1.6%

Shares of Freshpet stock opened at $79.63 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 5.54 and a quick ratio of 4.61. The stock’s 50 day simple moving average is $67.49 and its 200-day simple moving average is $59.89. The stock has a market cap of $3.91 billion, a P/E ratio of 30.98, a P/E/G ratio of 1.94 and a beta of 1.72. Freshpet, Inc. has a 1-year low of $46.76 and a 1-year high of $111.62.

Freshpet (NASDAQ:FRPT) last posted its quarterly earnings results on Monday, February 23rd. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.43 by $0.21. The firm had revenue of $285.23 million during the quarter, compared to analysts’ expectations of $285.66 million. Freshpet had a return on equity of 6.93% and a net margin of 12.63%.The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.36 earnings per share. Analysts predict that Freshpet, Inc. will post 1.55 EPS for the current fiscal year.

Insider Activity at Freshpet

In other news, President Scott James Morris sold 5,142 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $62.33, for a total transaction of $320,500.86. Following the transaction, the president owned 30,858 shares of the company’s stock, valued at approximately $1,923,379.14. The trade was a 14.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.43% of the stock is currently owned by corporate insiders.

About Freshpet

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.