612,455 Shares in Flowers Foods, Inc. $FLO Bought by Invenomic Capital Management LP

Invenomic Capital Management LP bought a new position in Flowers Foods, Inc. (NYSE:FLO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 612,455 shares of the company’s stock, valued at approximately $6,664,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP lifted its position in Flowers Foods by 13.5% in the third quarter. First Trust Advisors LP now owns 4,371,965 shares of the company’s stock worth $57,054,000 after purchasing an additional 521,670 shares during the period. Vanguard Group Inc. lifted its position in Flowers Foods by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 21,091,556 shares of the company’s stock worth $229,476,000 after purchasing an additional 736,624 shares during the period. CWA Asset Management Group LLC bought a new position in Flowers Foods in the fourth quarter worth $1,818,000. Tudor Investment Corp ET AL lifted its position in Flowers Foods by 96.5% in the third quarter. Tudor Investment Corp ET AL now owns 1,092,633 shares of the company’s stock worth $14,259,000 after purchasing an additional 536,507 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Flowers Foods by 1,515.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 357,726 shares of the company’s stock worth $3,892,000 after purchasing an additional 335,582 shares during the period. 75.45% of the stock is owned by institutional investors.

Flowers Foods Stock Performance

Shares of NYSE:FLO opened at $7.32 on Thursday. Flowers Foods, Inc. has a twelve month low of $6.80 and a twelve month high of $16.85. The firm has a market cap of $1.55 billion, a PE ratio of 20.91 and a beta of 0.40. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 0.77. The business has a fifty day moving average of $8.01 and a 200-day moving average of $9.43.

Flowers Foods (NYSE:FLO) last announced its earnings results on Thursday, May 21st. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.58 billion. Flowers Foods had a return on equity of 15.98% and a net margin of 1.38%.The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period last year, the company posted $0.35 earnings per share. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, equities research analysts predict that Flowers Foods, Inc. will post 0.85 EPS for the current fiscal year.

Flowers Foods Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, June 12th. Flowers Foods’s dividend payout ratio (DPR) is presently 142.86%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings cut Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Zacks Research upgraded Flowers Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. BNP Paribas Exane dropped their price objective on Flowers Foods from $10.00 to $8.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Stephens dropped their price objective on Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Flowers Foods from $11.00 to $7.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $9.60.

Insider Transactions at Flowers Foods

In other news, CFO Diego Anthony Scaglione acquired 5,000 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $7.51 per share, for a total transaction of $37,550.00. Following the completion of the transaction, the chief financial officer directly owned 194,180 shares in the company, valued at $1,458,291.80. This trade represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Ryals Mcmullian sold 209,000 shares of Flowers Foods stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $8.03, for a total value of $1,678,270.00. Following the completion of the sale, the chief executive officer owned 813,380 shares of the company’s stock, valued at approximately $6,531,441.40. The trade was a 20.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.23% of the stock is owned by company insiders.

Flowers Foods 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.