XTX Topco Ltd Has $4.96 Million Position in BellRing Brands Inc. $BRBR

XTX Topco Ltd lifted its position in shares of BellRing Brands Inc. (NYSE:BRBR) by 325.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,657 shares of the company’s stock after acquiring an additional 65,546 shares during the period. XTX Topco Ltd owned approximately 0.07% of BellRing Brands worth $4,962,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. TCTC Holdings LLC raised its position in BellRing Brands by 87.6% during the first quarter. TCTC Holdings LLC now owns 407 shares of the company’s stock valued at $30,000 after purchasing an additional 190 shares in the last quarter. Maseco LLP acquired a new stake in shares of BellRing Brands in the 2nd quarter valued at $25,000. Smartleaf Asset Management LLC increased its stake in shares of BellRing Brands by 149.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 310 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of BellRing Brands by 287.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 875 shares of the company’s stock worth $65,000 after buying an additional 649 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of BellRing Brands during the 1st quarter worth $91,000. 94.97% of the stock is owned by institutional investors.

BellRing Brands Price Performance

BellRing Brands stock opened at $30.80 on Tuesday. The company has a market capitalization of $3.88 billion, a P/E ratio of 18.33, a P/E/G ratio of 3.91 and a beta of 0.70. BellRing Brands Inc. has a 1 year low of $22.45 and a 1 year high of $80.67. The business has a 50 day moving average of $32.61 and a 200-day moving average of $45.74.

BellRing Brands (NYSE:BRBR) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.03). The company had revenue of $648.20 million during the quarter, compared to analyst estimates of $633.21 million. BellRing Brands had a net margin of 9.33% and a negative return on equity of 95.87%. The company’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 EPS. BellRing Brands has set its FY 2026 guidance at EPS. Equities analysts anticipate that BellRing Brands Inc. will post 2.23 EPS for the current year.

BellRing Brands declared that its board has initiated a stock repurchase plan on Tuesday, September 2nd that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts recently weighed in on BRBR shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $48.00 price objective on shares of BellRing Brands in a research note on Wednesday, November 19th. UBS Group dropped their target price on shares of BellRing Brands from $40.00 to $39.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. Bank of America restated a “neutral” rating and issued a $28.00 price target (down from $50.00) on shares of BellRing Brands in a research note on Wednesday, November 19th. Morgan Stanley lowered their price objective on shares of BellRing Brands from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Finally, Evercore ISI dropped their price objective on shares of BellRing Brands from $40.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, BellRing Brands has a consensus rating of “Moderate Buy” and a consensus target price of $42.87.

BellRing Brands Company Profile

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.