80,992 Shares in Flowers Foods, Inc. $FLO Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Flowers Foods, Inc. (NYSE:FLO) in the 2nd quarter, Holdings Channel reports. The firm purchased 80,992 shares of the company’s stock, valued at approximately $640,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new position in shares of Flowers Foods in the 1st quarter valued at $499,000. Millennium Management LLC increased its holdings in shares of Flowers Foods by 209.6% during the 1st quarter. Millennium Management LLC now owns 949,688 shares of the company’s stock worth $18,054,000 after buying an additional 642,942 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Flowers Foods by 7.2% in the 1st 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 during the period. Empowered Funds LLC raised its position in shares of Flowers Foods by 10.6% in the 1st quarter. Empowered Funds LLC now owns 150,404 shares of the company’s stock worth $2,859,000 after buying an additional 14,476 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in 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 during the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on FLO. Jefferies Financial Group set a $7.00 price target on Flowers Foods in a research report on Monday, August 3rd. Wall Street Zen downgraded Flowers Foods from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Zacks Research raised Flowers Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Weiss Ratings cut Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 13th. Finally, Stephens dropped their target price on shares of Flowers Foods from $8.00 to $6.00 and set an “equal weight” rating for the company in a research report on Monday. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $7.60.

Flowers Foods Stock Down 2.6%

Shares of NYSE FLO opened at $6.98 on Friday. The stock has a fifty day moving average price of $7.74 and a 200 day moving average price of $8.28. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97. Flowers Foods, Inc. has a 12-month low of $6.80 and a 12-month high of $15.14. The company has a market cap of $1.48 billion, a P/E ratio of 26.86 and a beta of 0.40.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Thursday, August 20th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Flowers Foods had a return on equity of 14.91% and a net margin of 1.06%.The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the firm earned $0.28 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. Research analysts anticipate that Flowers Foods, Inc. will post 0.79 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Diego Anthony Scaglione purchased 5,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was purchased at an average price of $7.51 per share, for a total transaction of $37,550.00. Following the acquisition, the chief financial officer directly owned 194,180 shares in the company, valued at $1,458,291.80. The trade was a 2.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.23% of the company’s stock.

About Flowers Foods

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.