Empowered Funds LLC Invests $3.33 Million in The Simply Good Foods Company $SMPL

Empowered Funds LLC purchased a new stake in The Simply Good Foods Company (NASDAQ:SMPL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 250,791 shares of the financial services provider’s stock, valued at approximately $3,331,000.

A number of other institutional investors have also recently modified their holdings of SMPL. BlackRock Inc. acquired a new position in Simply Good Foods during the second quarter worth $180,913,000. Vanguard Group Inc. lifted its holdings in Simply Good Foods by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 10,631,429 shares of the financial services provider’s stock valued at $213,479,000 after acquiring an additional 249,405 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Simply Good Foods by 8.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,288,680 shares of the financial services provider’s stock worth $106,443,000 after purchasing an additional 346,395 shares in the last quarter. State Street Corp boosted its position in shares of Simply Good Foods by 0.4% during the 2nd quarter. State Street Corp now owns 3,645,749 shares of the financial services provider’s stock worth $115,169,000 after purchasing an additional 14,089 shares in the last quarter. Finally, Boston Trust Walden Corp grew its stake in shares of Simply Good Foods by 10.0% during the 1st quarter. Boston Trust Walden Corp now owns 3,635,464 shares of the financial services provider’s stock worth $52,169,000 after purchasing an additional 330,330 shares during the period. 88.45% of the stock is currently owned by hedge funds and other institutional investors.

Simply Good Foods Trading Down 0.6%

NASDAQ:SMPL opened at $11.38 on Wednesday. The Simply Good Foods Company has a 52-week low of $9.88 and a 52-week high of $28.95. The company has a quick ratio of 3.10, a current ratio of 4.80 and a debt-to-equity ratio of 0.28. The stock has a fifty day simple moving average of $11.57 and a 200-day simple moving average of $12.81. The company has a market capitalization of $1.01 billion, a PE ratio of -5.24 and a beta of 0.15.

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

More Simply Good Foods News

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

• Neutral Sentiment: Multiple firms announced that a class action has been filed and reminded investors of the October 13, 2026 deadline to seek lead-plaintiff status. The notices cover investors who purchased SMPL shares during periods generally beginning October 24, 2024, with end dates ranging from April 8 to August 8, 2026. Robbins Geller class action notice
• Negative Sentiment: The lawsuits allege that Simply Good Foods overstated the health of the OWYN business and failed to disclose that integration problems were already occurring, while its public filings allegedly provided inadequate warnings. The allegations concern potential violations of federal securities laws and have not been proven in court. SueWallSt SMPL deadline alert
• Negative Sentiment: Investor notices tie the alleged disclosures to sharp stock repricing on two disclosure dates, with shares falling from class-period highs above $40 to below $11; another notice cites a decline of more than 27%. The litigation could increase legal expenses and create financial, operational and reputational risks for SMPL. KSF Simply Good Foods securities fraud notice
• Negative Sentiment: The concentration of announcements from Robbins Geller, Pomerantz, Bronstein Gewirtz, Rosen, and other firms keeps the OWYN-related allegations in focus and likely explains the heightened selling pressure and above-average trading activity. Pomerantz investor alert

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SMPL shares. UBS Group set a $15.00 price target on shares of Simply Good Foods in a report on Friday, July 10th. Truist Financial set a $11.00 price objective on shares of Simply Good Foods in a report on Wednesday, August 26th. Jefferies Financial Group set a $15.00 target price on shares of Simply Good Foods in a research report on Wednesday, August 26th. Zacks Research raised shares of Simply Good Foods from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $14.00 price target on shares of Simply Good Foods in a research report on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.45.

Simply Good Foods Profile

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.