B&G Foods Sees Unusually Large Options Volume (NYSE:BGS)

B&G Foods, Inc. (NYSE:BGS) was the recipient of unusually large options trading activity on Wednesday. Traders acquired 2,560 call options on the stock. This represents an increase of approximately 301% compared to the typical volume of 639 call options.

B&G Foods Stock Up 26.8%

Shares of BGS stock traded up $0.71 during trading hours on Wednesday, hitting $3.37. 7,677,548 shares of the company were exchanged, compared to its average volume of 2,157,508. B&G Foods has a 52 week low of $1.99 and a 52 week high of $6.38. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 5.08. The business has a 50 day moving average of $2.71 and a two-hundred day moving average of $4.02. The company has a market capitalization of $274.24 million, a PE ratio of -3.79 and a beta of 0.56.

B&G Foods (NYSE:BGS) last posted its quarterly earnings data on Tuesday, November 10th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.15 by $0.06. The business had revenue of $459.78 million for the quarter, compared to analysts’ expectations of $435.00 million. B&G Foods had a negative net margin of 4.00% and a positive return on equity of 10.74%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. Analysts anticipate that B&G Foods will post 0.57 earnings per share for the current fiscal year.

B&G Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 26th. Stockholders of record on Thursday, December 31st will be issued a $0.0950 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date is Thursday, December 31st. B&G Foods’s payout ratio is -42.70%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BGS shares. Jefferies Financial Group set a $4.00 price target on B&G Foods in a report on Wednesday, July 22nd. Barclays cut their target price on shares of B&G Foods from $4.50 to $3.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Weiss Ratings lowered shares of B&G Foods from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, October 8th. TD Cowen lowered their price target on shares of B&G Foods from $4.00 to $3.00 and set a “sell” rating for the company in a research report on Wednesday, August 12th. Finally, Evercore set a $4.50 price target on shares of B&G Foods in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Sell” and an average target price of $3.62.

Recent B&G Foods Headlines

Here are a few of the latest headlines about BGS:

• Positive Sentiment: B&G Foods reported third-quarter adjusted EPS of $0.21, above the $0.15 consensus, and revenue of $459.8 million, up 4.7% year over year and ahead of expectations of $435 million. B&G Foods Reports Financial Results for Third Quarter 2026
• Positive Sentiment: The company raised its 2026 outlook, projecting EPS of $0.575–$0.675 versus the $0.57 consensus and revenue of $1.76 billion–$1.80 billion, above the roughly $1.7 billion consensus. B&G Foods targets lower leverage and raises 2026 sales view
• Neutral Sentiment: B&G Foods aims to reduce leverage to below 6x by mid-2027. Progress toward that goal could ease balance-sheet concerns, but the target underscores that debt remains an important consideration for investors. B&G Foods leverage and sales outlook

Hedge Funds Weigh In On B&G Foods

Hedge funds have recently made changes to their positions in the business. State Street Corp lifted its position in shares of B&G Foods by 0.4% in the second quarter. State Street Corp now owns 1,787,165 shares of the company’s stock worth $7,280,000 after purchasing an additional 7,421 shares in the last quarter. Quantinno Capital Management LP grew its position in B&G Foods by 58.6% in the first quarter. Quantinno Capital Management LP now owns 629,032 shares of the company’s stock valued at $3,026,000 after purchasing an additional 232,351 shares in the last quarter. Renaissance Technologies LLC grew its position in B&G Foods by 395.1% in the first quarter. Renaissance Technologies LLC now owns 420,800 shares of the company’s stock valued at $2,024,000 after purchasing an additional 335,800 shares in the last quarter. Corient Private Wealth LP increased its stake in B&G Foods by 29.6% in the 2nd quarter. Corient Private Wealth LP now owns 479,620 shares of the company’s stock valued at $1,909,000 after buying an additional 109,416 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in B&G Foods by 16.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 407,582 shares of the company’s stock valued at $1,622,000 after buying an additional 57,620 shares during the last quarter. 66.15% of the stock is owned by institutional investors.

B&G Foods Company Profile

B&G Foods, Inc. is a branded food company headquartered in Parsippany, New Jersey. The company manufactures, sells and distributes a portfolio of shelf-stable, frozen and specialty food products through grocery stores, mass merchandisers, club stores, foodservice distributors and e-commerce channels. Its products include vegetables, beans, pickles, condiments, sauces, spices, seasonings, baking products, hot cereals, snacks and frozen foods. B&G Foods’ brand portfolio has included Ortega Mexican foods, Cream of Wheat, Mrs. Dash, Maple Grove Farms, Polaner, Cary’s, Las Palmas, Underwood and B&G pickles, among other consumer food brands.