Clearbridge Investments LLC Has $9.68 Million Stock Holdings in Utz Brands, Inc. $UTZ

Clearbridge Investments LLC boosted its stake in shares of Utz Brands, Inc. (NYSE:UTZ) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 932,242 shares of the company’s stock after purchasing an additional 80,205 shares during the period. Clearbridge Investments LLC’s holdings in Utz Brands were worth $9,677,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC acquired a new position in Utz Brands during the second quarter valued at approximately $25,000. Aster Capital Management DIFC Ltd increased its holdings in Utz Brands by 194.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company’s stock worth $32,000 after buying an additional 1,730 shares during the last quarter. Global Retirement Partners LLC increased its holdings in Utz Brands by 431.5% during the fourth quarter. Global Retirement Partners LLC now owns 3,343 shares of the company’s stock worth $35,000 after buying an additional 2,714 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Utz Brands by 118.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,356 shares of the company’s stock worth $45,000 after buying an additional 2,362 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in Utz Brands by 76.1% during the second quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock worth $47,000 after buying an additional 1,623 shares during the last quarter. 95.97% of the stock is owned by institutional investors and hedge funds.

Utz Brands Stock Performance

UTZ opened at $7.10 on Thursday. Utz Brands, Inc. has a 12-month low of $6.78 and a 12-month high of $14.67. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -70.94, a PEG ratio of 2.51 and a beta of 0.83. The business has a 50 day moving average of $7.52 and a 200-day moving average of $8.84. The company has a quick ratio of 0.75, a current ratio of 1.14 and a debt-to-equity ratio of 0.62.

Utz Brands (NYSE:UTZ) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Utz Brands had a negative net margin of 0.58% and a positive return on equity of 8.61%. The firm had revenue of $361.30 million for the quarter, compared to the consensus estimate of $361.77 million. During the same period in the previous year, the company earned $0.16 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. On average, equities research analysts expect that Utz Brands, Inc. will post 0.78 earnings per share for the current year.

Utz Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Monday, April 13th were issued a $0.063 dividend. This represents a $0.25 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, April 13th. Utz Brands’s payout ratio is currently -250.00%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Utz Brands from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Barclays cut their target price on shares of Utz Brands from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Mizuho set a $14.00 target price on shares of Utz Brands in a research note on Monday, February 23rd. BTIG Research started coverage on shares of Utz Brands in a research note on Monday, April 13th. They issued a “buy” rating and a $10.00 target price for the company. Finally, Royal Bank Of Canada set a $15.00 target price on shares of Utz Brands in a research note on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.06.

Utz Brands Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.