TreeHouse Foods, Inc. $THS Shares Purchased by Pullen Investment Management LLC

Pullen Investment Management LLC boosted its stake in TreeHouse Foods, Inc. (NYSE:THSFree Report) by 82.2% during the second quarter, Holdings Channel.com reports. The fund owned 92,355 shares of the company’s stock after purchasing an additional 41,680 shares during the quarter. Pullen Investment Management LLC’s holdings in TreeHouse Foods were worth $1,794,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in THS. Illinois Municipal Retirement Fund grew its stake in TreeHouse Foods by 2.3% in the 1st quarter. Illinois Municipal Retirement Fund now owns 25,462 shares of the company’s stock valued at $690,000 after acquiring an additional 562 shares during the period. Principal Financial Group Inc. grew its stake in TreeHouse Foods by 0.7% in the 1st quarter. Principal Financial Group Inc. now owns 225,073 shares of the company’s stock valued at $6,097,000 after acquiring an additional 1,551 shares during the period. Envestnet Asset Management Inc. grew its stake in TreeHouse Foods by 5.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 33,324 shares of the company’s stock valued at $903,000 after acquiring an additional 1,830 shares during the period. New York State Common Retirement Fund grew its stake in TreeHouse Foods by 70.7% in the 1st quarter. New York State Common Retirement Fund now owns 29,405 shares of the company’s stock valued at $797,000 after acquiring an additional 12,177 shares during the period. Finally, MQS Management LLC acquired a new stake in TreeHouse Foods in the 1st quarter valued at $298,000. Institutional investors and hedge funds own 99.81% of the company’s stock.

Wall Street Analysts Forecast Growth

THS has been the topic of a number of research reports. Stifel Nicolaus decreased their price objective on TreeHouse Foods from $21.00 to $19.00 and set a “hold” rating on the stock in a report on Friday. Barclays reduced their price target on TreeHouse Foods from $25.00 to $21.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of TreeHouse Foods in a report on Wednesday, October 8th. Finally, Mizuho reduced their price target on TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, July 28th. Seven investment 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, TreeHouse Foods has an average rating of “Reduce” and an average target price of $23.33.

Read Our Latest Report on TreeHouse Foods

TreeHouse Foods Stock Up 1.1%

Shares of THS opened at $19.31 on Friday. The firm has a market cap of $974.90 million, a P/E ratio of 49.50 and a beta of 0.26. TreeHouse Foods, Inc. has a 12-month low of $15.85 and a 12-month high of $40.77. The company’s 50-day moving average price is $18.56 and its 200 day moving average price is $20.37. The company has a current ratio of 1.26, a quick ratio of 0.38 and a debt-to-equity ratio of 0.98.

TreeHouse Foods (NYSE:THSGet Free Report) last issued 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. The firm had revenue of $801.40 million for the quarter, compared to analyst estimates of $788.84 million. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. TreeHouse Foods’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 EPS. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

TreeHouse Foods Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for TreeHouse Foods (NYSE:THS)

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