Utz Brands, Inc. $UTZ Stock Position Raised by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in Utz Brands, Inc. (NYSE:UTZ) by 3.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,679,985 shares of the company’s stock after acquiring an additional 252,876 shares during the quarter. Vanguard Group Inc. owned approximately 5.38% of Utz Brands worth $79,718,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in UTZ. Royal Bank of Canada increased its stake in Utz Brands by 39.7% in the 1st quarter. Royal Bank of Canada now owns 248,912 shares of the company’s stock valued at $3,504,000 after buying an additional 70,739 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Utz Brands by 5.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,470 shares of the company’s stock valued at $556,000 after buying an additional 2,190 shares during the period. Goldman Sachs Group Inc. increased its stake in Utz Brands by 40.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,022,709 shares of the company’s stock valued at $28,480,000 after buying an additional 585,952 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Utz Brands by 36.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 196,013 shares of the company’s stock valued at $2,760,000 after buying an additional 52,285 shares during the period. Finally, Legal & General Group Plc increased its stake in Utz Brands by 10.0% in the 2nd quarter. Legal & General Group Plc now owns 77,578 shares of the company’s stock valued at $974,000 after buying an additional 7,073 shares during the period. Institutional investors and hedge funds own 95.97% of the company’s stock.

Analysts Set New Price Targets

UTZ has been the topic of several research reports. BTIG Research initiated coverage on shares of Utz Brands in a research note on Monday, April 13th. They issued a “buy” rating and a $10.00 price objective on the stock. DA Davidson set a $15.00 price objective on shares of Utz Brands in a research note on Wednesday, January 14th. Royal Bank Of Canada set a $15.00 price objective on shares of Utz Brands in a research note on Thursday, April 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Utz Brands in a research note on Friday, March 27th. Finally, Mizuho set a $14.00 price objective on shares of Utz Brands in a research note on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Utz Brands presently has an average rating of “Hold” and a consensus target price of $12.06.

Utz Brands Stock Performance

Shares of UTZ opened at $6.96 on Thursday. The company’s fifty day moving average is $7.73 and its 200-day moving average is $9.30. Utz Brands, Inc. has a 12 month low of $6.93 and a 12 month high of $14.67. The firm has a market cap of $999.99 million, a price-to-earnings ratio of -69.54, a price-to-earnings-growth ratio of 2.70 and a beta of 0.87. 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 announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.15 EPS for the quarter, topping 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 company had revenue of $361.30 million for the quarter, compared to analyst estimates of $361.77 million. During the same quarter in the prior year, the business posted $0.16 EPS. Utz Brands’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. Equities analysts expect that Utz Brands, Inc. will post 0.78 EPS for the current fiscal year.

Utz Brands Dividend Announcement

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

About Utz Brands

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.