Quantbot Technologies LP Purchases New Position in Flowers Foods, Inc. $FLO

Quantbot Technologies LP acquired a new stake in Flowers Foods, Inc. (NYSE:FLO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,992 shares of the company’s stock, valued at approximately $640,000.

Several other hedge funds also recently made changes to their positions in FLO. Evolve Private Wealth LLC purchased a new stake in shares of Flowers Foods in the 2nd quarter valued at about $88,000. Farringdon Capital Ltd. purchased a new position in Flowers Foods during the 2nd quarter worth approximately $97,000. EP Wealth Advisors LLC acquired a new position in Flowers Foods during the second quarter worth approximately $392,000. Ieq Capital LLC purchased a new stake in Flowers Foods in the second quarter valued at approximately $570,000. Finally, Callan Family Office LLC purchased a new stake in Flowers Foods in the second quarter valued at approximately $271,000. Hedge funds and other institutional investors own 75.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on FLO shares. Wall Street Zen lowered shares of Flowers Foods from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Jefferies Financial Group set a $7.00 price objective on shares of Flowers Foods in a research report on Monday, August 3rd. Weiss Ratings lowered shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. Zacks Research raised shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Stephens decreased their target price on shares of Flowers Foods from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Monday. Four research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $7.60.

Insider Activity at Flowers Foods

In other Flowers Foods news, CFO Diego Anthony Scaglione purchased 5,000 shares of Flowers Foods stock in a transaction dated Monday, June 8th. The stock was acquired at an average cost of $7.51 per share, with a total value of $37,550.00. Following the acquisition, the chief financial officer directly owned 194,180 shares of the company’s stock, valued at $1,458,291.80. This represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.23% of the stock is owned by corporate insiders.

Flowers Foods Stock Down 2.6%

Shares of NYSE:FLO opened at $6.98 on Friday. Flowers Foods, Inc. has a fifty-two week low of $6.80 and a fifty-two week high of $15.14. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 0.97. The firm’s 50-day simple moving average is $7.74 and its 200-day simple moving average is $8.28. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 26.86 and a beta of 0.40.

Flowers Foods (NYSE:FLO) last posted its quarterly earnings results on Thursday, August 20th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). Flowers Foods had a return on equity of 14.91% and a net margin of 1.06%.The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the company earned $0.28 earnings per share. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. As a group, equities research analysts predict that Flowers Foods, Inc. will post 0.79 earnings per share for the current year.

Flowers Foods Company Profile

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.