Caisse de depot et placement du Quebec Buys Shares of 96,300 The Simply Good Foods Company $SMPL

Caisse de depot et placement du Quebec bought a new position in shares of The Simply Good Foods Company (NASDAQ:SMPL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 96,300 shares of the financial services provider’s stock, valued at approximately $1,279,000.

A number of other large investors have also recently made changes to their positions in SMPL. EverSource Wealth Advisors LLC raised its stake in shares of Simply Good Foods by 125.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 538 shares during the period. Johnson Financial Group Inc. bought a new position in Simply Good Foods in the 3rd quarter worth about $36,000. Hantz Financial Services Inc. grew its holdings in Simply Good Foods by 82.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock valued at $36,000 after buying an additional 807 shares in the last quarter. Parallel Advisors LLC grew its holdings in Simply Good Foods by 167.4% during the 4th quarter. Parallel Advisors LLC now owns 2,126 shares of the financial services provider’s stock valued at $43,000 after buying an additional 1,331 shares in the last quarter. Finally, Leonteq Securities AG increased its position in shares of Simply Good Foods by 96.2% during the first quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider’s stock valued at $33,000 after buying an additional 1,132 shares during the period. 88.45% of the stock is owned by institutional investors.

Key Stories Impacting Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

• Positive Sentiment: Investors who purchased SMPL shares during the specified class period may be eligible to seek compensation or appointment as lead plaintiff. The deadline to apply is October 13, 2026. Rosen class-action deadline article
• Neutral Sentiment: Several law firms, including Kaplan Fox, Robbins LLP, Rosen Law Firm and others, reiterated that a class action has been filed on behalf of investors who acquired Simply Good Foods securities between October 24, 2024, and April 8, 2026. These releases largely repeat previously reported allegations and solicit investors to participate in the litigation. Kaplan Fox class-action article
• Negative Sentiment: The lawsuits allege that Simply Good Foods and certain executives violated federal securities laws by failing to disclose problems with the OWYN acquisition and integration. The allegations reference the eventual $187 million impairment charge announced in April 2026, following earlier assurances that the $280 million integration was progressing as planned. Plaintiffs contend the disclosures contributed to a decline of more than 27% in the shares. The claims remain allegations and have not been proven in court. SMPL shareholder alert article
• Negative Sentiment: TD Cowen issued a pessimistic forecast for SMPL, adding to concerns about the company’s earnings outlook and valuation. Combined with the litigation over the OWYN impairment, the downgrade-like sentiment may reinforce uncertainty around future growth and management credibility. TD Cowen forecast article

Simply Good Foods Stock Performance

Shares of SMPL opened at $10.93 on Monday. The company has a market cap of $966.87 million, a PE ratio of -5.04 and a beta of 0.15. The company has a current ratio of 4.80, a quick ratio of 3.10 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average price of $11.60 and a 200-day moving average price of $12.88. The Simply Good Foods Company has a 12-month low of $9.88 and a 12-month high of $28.97.

Simply Good Foods (NASDAQ:SMPL) last posted its quarterly earnings data on Thursday, July 9th. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.07. The company had revenue of $356.98 million for the quarter, compared to analysts’ expectations of $332.99 million. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. Simply Good Foods’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. As a group, equities analysts forecast that The Simply Good Foods Company will post 1.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SMPL. UBS Group set a $15.00 price target on shares of Simply Good Foods in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $14.00 target price on shares of Simply Good Foods in a report on Friday, July 10th. Mizuho set a $19.00 price target on shares of Simply Good Foods in a report on Monday, May 4th. Truist Financial set a $11.00 price target on shares of Simply Good Foods in a research report on Wednesday. Finally, TD Cowen decreased their price target on shares of Simply Good Foods from $13.00 to $11.00 and set a “hold” rating on the stock in a report on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $14.45.

About Simply Good Foods

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.