Hunter Perkins Capital Management LLC Has $2.09 Million Stake in Flowers Foods, Inc. $FLO

Hunter Perkins Capital Management LLC lowered its stake in Flowers Foods, Inc. (NYSE:FLO) by 46.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,430 shares of the company’s stock after selling 165,495 shares during the quarter. Hunter Perkins Capital Management LLC owned approximately 0.09% of Flowers Foods worth $2,094,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. First Trust Advisors LP increased its holdings in shares of Flowers Foods by 13.5% during the third quarter. First Trust Advisors LP now owns 4,371,965 shares of the company’s stock worth $57,054,000 after buying an additional 521,670 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Flowers Foods by 59.3% during the 2nd quarter. Franklin Resources Inc. now owns 267,898 shares of the company’s stock valued at $4,281,000 after acquiring an additional 99,744 shares in the last quarter. Thomasville National Bank grew its position in Flowers Foods by 64.7% during the 3rd quarter. Thomasville National Bank now owns 703,740 shares of the company’s stock worth $9,184,000 after acquiring an additional 276,411 shares during the last quarter. ProShare Advisors LLC grew its position in Flowers Foods by 139.1% during the 3rd quarter. ProShare Advisors LLC now owns 4,295,812 shares of the company’s stock worth $56,060,000 after acquiring an additional 2,499,194 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new position in Flowers Foods in the 4th quarter worth about $1,818,000. 75.45% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Flowers Foods news, CEO Ryals Mcmullian sold 209,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $10.87, for a total transaction of $2,271,830.00. Following the completion of the sale, the chief executive officer owned 1,022,380 shares of the company’s stock, valued at approximately $11,113,270.60. This represents a 16.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.57% of the company’s stock.

Flowers Foods Stock Up 0.5%

Shares of NYSE:FLO opened at $8.40 on Friday. The firm has a market cap of $1.78 billion, a P/E ratio of 21.01 and a beta of 0.36. Flowers Foods, Inc. has a 12-month low of $8.04 and a 12-month high of $20.23. The business has a fifty day simple moving average of $9.99 and a 200 day simple moving average of $11.13. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 1.04.

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

Flowers Foods Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were issued a $0.2475 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.99 annualized dividend and a yield of 11.8%. Flowers Foods’s dividend payout ratio is presently 247.50%.

Analysts Set New Price Targets

FLO has been the subject of several research reports. Zacks Research downgraded Flowers Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 25th. Wall Street Zen upgraded Flowers Foods from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Flowers Foods in a research note on Tuesday, February 17th. Stephens set a $11.00 target price on shares of Flowers Foods in a research report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Flowers Foods in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price 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.