Principal Financial Group Inc. Sells 167,724 Shares of BellRing Brands Inc. $BRBR

Principal Financial Group Inc. lowered its holdings in BellRing Brands Inc. (NYSE:BRBR) by 14.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,005,441 shares of the company’s stock after selling 167,724 shares during the quarter. Principal Financial Group Inc. owned 0.80% of BellRing Brands worth $36,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its stake in shares of BellRing Brands by 820.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 47,808 shares of the company’s stock worth $1,662,000 after purchasing an additional 42,612 shares during the period. Harbor Capital Advisors Inc. purchased a new stake in BellRing Brands during the third quarter valued at approximately $1,287,000. Savoir Faire Capital Management L.P. increased its holdings in BellRing Brands by 144.4% during the third quarter. Savoir Faire Capital Management L.P. now owns 97,969 shares of the company’s stock valued at $3,561,000 after buying an additional 57,879 shares during the last quarter. Hunter Associates Investment Management LLC raised its position in BellRing Brands by 96.2% in the third quarter. Hunter Associates Investment Management LLC now owns 138,929 shares of the company’s stock worth $5,069,000 after acquiring an additional 68,136 shares during the period. Finally, Vontobel Holding Ltd. boosted its stake in shares of BellRing Brands by 216.1% during the 2nd quarter. Vontobel Holding Ltd. now owns 18,006 shares of the company’s stock worth $1,043,000 after acquiring an additional 12,310 shares during the last quarter. 94.97% of the stock is owned by hedge funds and other institutional investors.

More BellRing Brands News

Here are the key news stories impacting BellRing Brands this week:

• Positive Sentiment: Q1 results slightly beat expectations (EPS and revenue modestly above consensus), which provides some near‑term fundamental support. Q1 Earnings Call Highlights
• Positive Sentiment: DA Davidson reaffirmed a “buy” rating with a $32 price target, showing at least one analyst still sees upside from current levels. DA Davidson Reaffirmation
• Neutral Sentiment: Company earnings presentation and call materials are available for details on growth drivers and margin outlook — useful for investors assessing whether the beats are sustainable. Q1 Presentation
• Negative Sentiment: CEO announced departure, raising near‑term leadership and execution concerns for a company already navigating a difficult sales/margin environment. CEO to Step Down
• Negative Sentiment: Stifel cut its price target from $50 to $34 (still a “buy”), signaling reduced confidence in BellRing’s near‑term recovery and lowering analyst‑driven upside. Stifel Price Target Cut
• Negative Sentiment: Multiple law firms have filed or are soliciting claims in a securities‑fraud class action alleging misrepresentations about sales drivers and inventory — litigation risk, potential settlements and reputational damage are key catalysts pushing the stock lower. Class Action Announcement

Insider Transactions at BellRing Brands

In other BellRing Brands news, insider Douglas J. Cornille sold 3,970 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $30.93, for a total transaction of $122,792.10. Following the completion of the transaction, the insider owned 54,812 shares of the company’s stock, valued at $1,695,335.16. This represents a 6.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on BRBR. Jefferies Financial Group restated a “buy” rating and issued a $48.00 price objective on shares of BellRing Brands in a research note on Wednesday, November 19th. William Blair restated an “outperform” rating on shares of BellRing Brands in a research report on Tuesday. Evercore ISI decreased their price objective on BellRing Brands from $40.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $31.00 price objective on shares of BellRing Brands in a research note on Monday, January 26th. Finally, Bank of America raised their target price on shares of BellRing Brands from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Twelve investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, BellRing Brands currently has an average rating of “Moderate Buy” and an average price target of $38.88.

BellRing Brands Trading Down 7.6%

Shares of BRBR opened at $19.50 on Friday. The business’s 50 day moving average is $27.30 and its 200 day moving average is $33.80. BellRing Brands Inc. has a 12-month low of $19.45 and a 12-month high of $79.57. The company has a market capitalization of $2.33 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 4.87 and a beta of 0.64.

BellRing Brands (NYSE:BRBR) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. The business had revenue of $537.30 million during the quarter, compared to the consensus estimate of $505.44 million. BellRing Brands had a negative return on equity of 64.79% and a net margin of 7.88%.The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.58 EPS. Equities research analysts predict that BellRing Brands Inc. will post 2.23 earnings per share for the current year.

BellRing Brands Company Profile

BellRing Brands, Inc is a consumer packaged goods company specializing in high‐protein, better‐for‐you nutrition products. Formed in March 2020 as a spin‐off from Post Holdings, the company focuses on delivering convenient protein solutions to health‐conscious consumers through a portfolio of well‐known and emerging brands.

The company’s product offerings include ready‐to‐drink protein shakes, protein powders, nutrition bars and other performance nutrition items. BellRing Brands’ flagship brands include Premier Protein, a line of shakes and bars designed for everyday protein supplementation, as well as Dymatize and PowerBar, which cater to athletes and active individuals seeking advanced sports nutrition formulas.

BellRing Brands markets its products primarily across North America, leveraging relationships with major retailers, wholesale clubs and e-commerce platforms to reach consumers in the United States and Canada.