SummitTX Capital L.P. Boosts Stake in Post Holdings, Inc. $POST

SummitTX Capital L.P. lifted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 136.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,926 shares of the company’s stock after buying an additional 5,736 shares during the period. SummitTX Capital L.P.’s holdings in Post were worth $981,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Post during the 3rd quarter valued at about $26,000. Larson Financial Group LLC raised its holdings in shares of Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC bought a new position in Post during the first quarter valued at approximately $28,000. Finally, Highlander Partners L.P. bought a new position in Post during the fourth quarter valued at approximately $33,000. 94.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Post

In other news, Director Gregory L. Curl sold 6,186 shares of Post stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the transaction, the director owned 15,107 shares in the company, valued at $1,586,990.35. This trade represents a 29.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 14.05% of the stock is owned by corporate insiders.

Key Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: Post’s latest reported quarter showed mixed results: earnings per share of $1.94 exceeded the $1.73 consensus estimate, while revenue of $2.04 billion fell short of expectations of $2.08 billion. Revenue still increased 4.7% year over year, but the sales miss may limit enthusiasm for the shares.
• Negative Sentiment: The company carries elevated leverage, with debt-to-equity of 2.38. That could make investors more sensitive to interest rates and slower economic growth, particularly after data showed U.S. second-quarter growth slowed to 1.5% while inflation remained elevated. U.S. economy growth and inflation report
• Negative Sentiment: Post Holdings’ shares remain below their 200-day moving average, indicating continued technical weakness and potentially encouraging short-term selling.

Wall Street Analysts Forecast Growth

POST has been the topic of several research reports. Wells Fargo & Company dropped their target price on shares of Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Jefferies Financial Group set a $117.00 target price on shares of Post in a research note on Monday. BTIG Research assumed coverage on Post in a report on Monday, April 13th. They set a “neutral” rating on the stock. Barclays dropped their price target on Post from $119.00 to $106.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating and issued a $128.00 price objective on shares of Post in a report on Thursday, July 23rd. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $114.17.

Post Price Performance

Shares of NYSE:POST opened at $93.17 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38. The stock has a market capitalization of $4.22 billion, a PE ratio of 15.68 and a beta of 0.39. The firm’s 50 day moving average price is $90.54 and its 200-day moving average price is $98.04. Post Holdings, Inc. has a twelve month low of $83.89 and a twelve month high of $117.28.

Post (NYSE:POST) last announced its earnings results on Thursday, May 7th. The company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.21. Post had a net margin of 4.01% and a return on equity of 13.36%. The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the business posted $1.41 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts expect that Post Holdings, Inc. will post 7.57 EPS for the current year.

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.