Utz Brands (NYSE:UTZ) Posts Earnings Results, Beats Expectations By $0.01 EPS

Utz Brands (NYSE:UTZ) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01, FiscalAI reports. Utz Brands had a positive return on equity of 8.61% and a negative net margin of 0.58%.The business had revenue of $371.80 million during the quarter, compared to analysts’ expectations of $374.18 million. During the same period in the previous year, the firm posted $0.17 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis.

Utz Brands Trading Up 0.0%

Shares of NYSE UTZ traded up $0.01 during midday trading on Wednesday, hitting $14.12. The stock had a trading volume of 1,406,278 shares, compared to its average volume of 2,541,398. 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 has a 1-year low of $6.78 and a 1-year high of $14.19. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of -141.14 and a beta of 0.74. The company has a fifty day moving average price of $8.89 and a 200 day moving average price of $8.66.

Utz Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 22nd were issued a $0.063 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, June 22nd. Utz Brands’s dividend payout ratio (DPR) is -250.00%.

Hedge Funds Weigh In On Utz Brands

Hedge funds have recently made changes to their positions in the business. Pathstone Holdings LLC raised its position in Utz Brands by 0.8% in the third quarter. Pathstone Holdings LLC now owns 140,831 shares of the company’s stock valued at $1,711,000 after purchasing an additional 1,075 shares during the period. Orion Porfolio Solutions LLC grew its position in Utz Brands by 1.0% in the second quarter. Orion Porfolio Solutions LLC now owns 109,921 shares of the company’s stock valued at $1,380,000 after acquiring an additional 1,137 shares in the last quarter. Osaic Holdings Inc. increased its stake in Utz Brands by 76.1% during the 2nd 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 period. NewEdge Advisors LLC purchased a new stake in shares of Utz Brands during the second quarter worth about $25,000. Finally, Legal & General Group Plc grew its position in shares of Utz Brands by 2.8% during the third quarter. Legal & General Group Plc now owns 79,740 shares of the company’s stock worth $969,000 after buying an additional 2,162 shares in the last quarter. Hedge funds and other institutional investors own 95.97% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on UTZ shares. Barclays downgraded Utz Brands from an “overweight” rating to an “equal weight” rating and set a $14.00 price objective for the company. in a research report on Tuesday, July 21st. DA Davidson restated a “neutral” rating and set a $14.25 target price (down from $15.00) on shares of Utz Brands in a research report on Wednesday, July 22nd. Stephens set a $14.25 price target on Utz Brands in a research note on Tuesday, July 21st. Jefferies Financial Group lowered shares of Utz Brands from a “strong-buy” rating to a “hold” rating and set a $14.25 price target on the stock. in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada set a $15.00 target price on Utz Brands in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.39.

Utz Brands News Roundup

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

• Positive Sentiment: Utz reported second-quarter adjusted earnings of $0.19 per share, ahead of the $0.18 analyst consensus in some estimates and up from $0.17 a year earlier. The company also posted 1.4% year-over-year sales growth, while organic branded salty-snacks sales increased 3.3%. Utz Brands Reports Second Quarter 2026 Results
• Neutral Sentiment: Quarterly net sales of $371.8 million fell short of the approximately $374.2 million consensus, limiting the benefit from the earnings beat. Gross margin also declined by 10 basis points, although organic sales growth remained positive. Utz Reports Sales Below Analyst Estimates
• Positive Sentiment: The announced take-private transaction values Utz at $14.25 per share, providing a potential valuation floor and helping explain why the stock is trading near that level. The founding Rice and Lissette families are expected to own 50% of the post-merger company. Utz Transaction Investigation Announcement
• Negative Sentiment: Bleichmar Fonti & Auld announced an investigation into whether shareholders are receiving a fair deal in the proposed transaction. The inquiry does not establish wrongdoing, but it introduces legal and deal-completion uncertainty and could pressure the stock if investors become concerned about the merger terms. Utz Legal Investigation

Utz Brands Company 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.