Fieldview Capital Management LLC Makes New Investment in Flowers Foods, Inc. $FLO

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

Other large investors also recently modified their holdings of the company. Securian Asset Management Inc. lifted its position in shares of Flowers Foods by 5.7% during the 3rd quarter. Securian Asset Management Inc. now owns 15,812 shares of the company’s stock worth $206,000 after purchasing an additional 859 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its holdings in Flowers Foods by 8.6% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,025 shares of the company’s stock valued at $157,000 after buying an additional 950 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in Flowers Foods by 2.5% in the third quarter. Ameritas Investment Partners Inc. now owns 40,293 shares of the company’s stock valued at $526,000 after buying an additional 997 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in 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 buying an additional 1,001 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in 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 buying an additional 1,010 shares in the last quarter. 75.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Flowers Foods

In related 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 sale, 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 SEC, which is available at this hyperlink. 11.57% of the stock is owned by company insiders.

Analysts Set New Price Targets

FLO has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price target on shares of Flowers Foods in a report on Tuesday, February 17th. Truist Financial reduced their price target 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. Weiss Ratings restated a “sell (d+)” rating on shares of Flowers Foods in a research note on Thursday, January 22nd. Zacks Research lowered Flowers Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. Finally, Stephens set a $11.00 target price on Flowers Foods in a research report on Wednesday, February 18th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $12.60.

Flowers Foods Price Performance

Flowers Foods stock opened at $8.88 on Tuesday. Flowers Foods, Inc. has a one year low of $8.70 and a one 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. The business has a fifty day moving average of $10.61 and a two-hundred day moving average of $11.75. The company has a market cap of $1.88 billion, a P/E ratio of 22.20 and a beta of 0.36.

Flowers Foods (NYSE:FLO) last posted its quarterly earnings results 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 firm posted $0.22 EPS. The business’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, analysts predict that Flowers Foods, Inc. will post 1.18 earnings per share for the current fiscal year.

Flowers Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid 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 dividend yield of 11.1%. Flowers Foods’s payout ratio is 247.50%.

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.