New York State Teachers Retirement System Grows Position in TreeHouse Foods, Inc. $THS

New York State Teachers Retirement System increased its holdings in TreeHouse Foods, Inc. (NYSE:THS) by 6.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,065 shares of the company’s stock after acquiring an additional 4,350 shares during the quarter. New York State Teachers Retirement System’s holdings in TreeHouse Foods were worth $1,380,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new stake in TreeHouse Foods in the second quarter worth about $263,000. Dynamic Technology Lab Private Ltd purchased a new stake in TreeHouse Foods in the first quarter worth about $1,025,000. Hsbc Holdings PLC raised its holdings in TreeHouse Foods by 8.8% in the first quarter. Hsbc Holdings PLC now owns 9,814 shares of the company’s stock worth $268,000 after purchasing an additional 790 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in TreeHouse Foods by 4.3% in the second quarter. Exchange Traded Concepts LLC now owns 62,029 shares of the company’s stock worth $1,205,000 after purchasing an additional 2,556 shares in the last quarter. Finally, Sessa Capital IM L.P. raised its holdings in TreeHouse Foods by 29.5% in the first quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company’s stock worth $113,778,000 after purchasing an additional 957,517 shares in the last quarter. 99.81% of the stock is owned by hedge funds and other institutional investors.

TreeHouse Foods Stock Performance

THS opened at $19.45 on Thursday. TreeHouse Foods, Inc. has a 52-week low of $15.85 and a 52-week high of $40.77. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 0.98. The company has a market cap of $982.17 million, a P/E ratio of 49.87 and a beta of 0.26. The firm’s 50-day moving average price is $18.54 and its 200-day moving average price is $20.44.

TreeHouse Foods (NYSE:THS) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.07. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. The firm had revenue of $801.40 million for the quarter, compared to the consensus estimate of $788.84 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Analyst Ratings Changes

THS has been the subject of a number of recent research reports. Stifel Nicolaus reduced their target price on shares of TreeHouse Foods from $24.00 to $23.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. Mizuho reduced their target price on shares of TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Monday, July 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of TreeHouse Foods in a report on Wednesday, October 8th. Finally, Barclays reduced their target price on shares of TreeHouse Foods from $25.00 to $21.00 and set an “equal weight” rating for the company in a report on Tuesday, July 15th. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $24.00.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.