Tudor Investment Corp ET AL Increases Position in Flowers Foods, Inc. $FLO

Tudor Investment Corp ET AL boosted its holdings in shares of Flowers Foods, Inc. (NYSE:FLO) by 96.5% in the 3rd quarter, Holdings Channel reports. The fund owned 1,092,633 shares of the company’s stock after acquiring an additional 536,507 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Flowers Foods were worth $14,259,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FLO. Elevation Point Wealth Partners LLC purchased a new position in Flowers Foods in the 2nd quarter worth approximately $28,000. Quent Capital LLC purchased a new stake in shares of Flowers Foods in the third quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB grew its position in shares of Flowers Foods by 225.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 2,400 shares of the company’s stock valued at $31,000 after purchasing an additional 1,663 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Flowers Foods by 64.4% in the second quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company’s stock valued at $41,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of Flowers Foods by 56.4% in the second quarter. Nomura Asset Management Co. Ltd. now owns 2,800 shares of the company’s stock valued at $45,000 after purchasing an additional 1,010 shares during the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Insider Activity at Flowers Foods

In other news, CEO Ryals Mcmullian sold 209,000 shares of Flowers Foods stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $10.87, for a total value of $2,271,830.00. Following the completion of the sale, the chief executive officer directly owned 1,022,380 shares of the company’s stock, valued at approximately $11,113,270.60. The trade was a 16.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.57% of the stock is currently owned by corporate insiders.

Flowers Foods Price Performance

Flowers Foods stock opened at $8.19 on Friday. The company’s 50 day simple moving average is $10.24 and its 200-day simple moving average is $11.36. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 20.47 and a beta of 0.36. Flowers Foods, Inc. has a 1 year low of $8.17 and a 1 year high of $20.23. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.54 and a current ratio of 0.75.

Flowers Foods (NYSE:FLO) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. Flowers Foods had a net margin of 1.59% and a return on equity of 16.61%. During the same quarter in the previous year, the company posted $0.22 earnings per share. Flowers Foods’s quarterly revenue was up 11.0% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, equities research analysts expect that Flowers Foods, Inc. will post 1.18 earnings per share for the current year.

Flowers Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were given a dividend of $0.2475 per share. This represents a $0.99 annualized dividend and a dividend yield of 12.1%. The ex-dividend date was Friday, March 6th. Flowers Foods’s dividend payout ratio (DPR) is currently 247.50%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FLO. Zacks Research lowered Flowers Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 25th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Flowers Foods in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Flowers Foods in a report on Tuesday, February 17th. Stephens set a $11.00 price target on shares of Flowers Foods in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of Flowers Foods from a “hold” rating to a “buy” rating in a report on Saturday. Four research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $12.60.

Flowers Foods Company 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.