290,514 Flowers Foods, Inc. $FLO Shares Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its stake in shares of Flowers Foods, Inc. (NYSE:FLO) by 200.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 435,421 shares of the company’s stock after acquiring an additional 290,514 shares during the period. Quadrant Capital Group LLC’s holdings in Flowers Foods were worth $2,599,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Flowers Foods by 115.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 4,701 shares of the company’s stock worth $26,000 after buying an additional 2,514 shares during the last quarter. Optiver Holding B.V. grew its holdings in Flowers Foods by 542.5% during the first quarter. Optiver Holding B.V. now owns 3,386 shares of the company’s stock worth $28,000 after acquiring an additional 2,859 shares during the period. Parkside Financial Bank & Trust raised its position in Flowers Foods by 200.0% during the second quarter. Parkside Financial Bank & Trust now owns 3,663 shares of the company’s stock valued at $29,000 after acquiring an additional 2,442 shares in the last quarter. Nykredit A S purchased a new position in Flowers Foods during the second quarter valued at approximately $30,000. Finally, IFP Advisors Inc raised its position in Flowers Foods by 232.5% during the second quarter. IFP Advisors Inc now owns 4,319 shares of the company’s stock valued at $34,000 after acquiring an additional 3,020 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Flowers Foods Stock Performance

Shares of FLO stock opened at $5.80 on Thursday. The company has a market capitalization of $1.23 billion, a P/E ratio of 22.33 and a beta of 0.43. The business’s 50 day moving average is $6.31 and its two-hundred day moving average is $7.38. 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 $5.40 and a 12-month high of $13.11.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Thursday, August 20th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.23 billion. Flowers Foods had a net margin of 1.06% and a return on equity of 14.91%. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. Analysts expect that Flowers Foods, Inc. will post 0.80 EPS for the current fiscal year.

Flowers Foods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a dividend of $0.1250 per share. The ex-dividend date was Friday, September 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 8.6%. Flowers Foods’s dividend payout ratio (DPR) is 192.31%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Stephens decreased their price target on Flowers Foods from $8.00 to $6.00 and set an “equal weight” rating for the company in a report on Monday, August 24th. BNP Paribas Exane dropped their price objective on shares of Flowers Foods from $6.50 to $5.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings lowered shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 16th. Jefferies Financial Group decreased their target price on shares of Flowers Foods from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. Finally, Zacks Research cut shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 15th. Four equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Flowers Foods currently has an average rating of “Reduce” and a consensus price target of $6.80.

Insider Transactions at Flowers Foods

In related news, insider Cindy Cox sold 4,400 shares of Flowers Foods stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $5.89, for a total value of $25,916.00. Following the sale, the insider owned 41,030 shares of the company’s stock, valued at approximately $241,666.70. This trade represents a 9.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 7.23% of the company’s stock.

Flowers Foods Company Profile

Flowers Foods, Inc is a producer and marketer of packaged bakery foods in the United States. The company makes and distributes bread, buns, rolls, snack cakes, pastries, and other baked goods through a network of bakeries and distribution operations.

Its portfolio includes well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Tastykake, Canyon Bakehouse, and Mrs. Freshley’s. Flowers Foods sells products through grocery stores, mass merchandisers, club stores, foodservice distributors, convenience stores, and other retail channels.

Founded in 1919 and headquartered in Thomasville, Georgia, Flowers Foods serves customers across the United States.