Fieldview Capital Management LLC Invests $1.30 Million in Flowers Foods, Inc. $FLO

Fieldview Capital Management LLC bought a new stake in shares of Flowers Foods, Inc. (NYSE:FLO) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 99,428 shares of the company’s stock, valued at approximately $1,298,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FLO. Integrated Wealth Concepts LLC acquired a new stake in shares of Flowers Foods in the first quarter valued at approximately $499,000. Millennium Management LLC grew its holdings in Flowers Foods by 209.6% during the 1st quarter. Millennium Management LLC now owns 949,688 shares of the company’s stock valued at $18,054,000 after buying an additional 642,942 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Flowers Foods by 7.2% during the first quarter. Goldman Sachs Group Inc. now owns 976,456 shares of the company’s stock worth $18,562,000 after buying an additional 65,258 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Flowers Foods by 10.6% in the first quarter. Empowered Funds LLC now owns 150,404 shares of the company’s stock worth $2,859,000 after acquiring an additional 14,476 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Flowers Foods by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 744,714 shares of the company’s stock valued at $14,157,000 after acquiring an additional 81,066 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Insiders Place Their Bets

In other Flowers Foods news, CEO Ryals Mcmullian sold 209,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,022,380 shares in the company, valued at $11,113,270.60. This represents a 16.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.57% of the stock is currently owned by corporate insiders.

Flowers Foods Stock Performance

NYSE:FLO opened at $8.88 on Tuesday. The firm’s fifty day simple moving average is $10.61 and its 200 day simple moving average is $11.75. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 1.04. Flowers Foods, Inc. has a twelve month low of $8.70 and a twelve month high of $20.23. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 22.20 and a beta of 0.36.

Flowers Foods (NYSE:FLO) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. Flowers Foods had a return on equity of 16.61% and a net margin of 1.59%.The company’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share. 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 fiscal year.

Flowers Foods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be given a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.99 annualized dividend and a yield of 11.1%. Flowers Foods’s payout ratio is 247.50%.

Analyst Ratings Changes

A number of analysts recently commented on FLO shares. Stephens set a $11.00 price objective on Flowers Foods in a research report on Wednesday, February 18th. Truist Financial cut their price objective on shares of Flowers Foods from $15.00 to $10.00 and set a “hold” rating for the company in a research report on Thursday, November 13th. Zacks Research lowered shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Flowers Foods in a report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $11.00 price objective on shares of Flowers Foods in a report on Tuesday, February 17th. Four research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $12.60.

Flowers Foods 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.