Diego Anthony Scaglione Buys 5,000 Shares of Flowers Foods (NYSE:FLO) Stock

Flowers Foods, Inc. (NYSE:FLO) CFO Diego Anthony Scaglione purchased 5,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average cost of $7.51 per share, with a total value of $37,550.00. Following the completion of the purchase, the chief financial officer directly owned 194,180 shares in the company, valued at approximately $1,458,291.80. This represents a 2.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Flowers Foods Price Performance

Shares of FLO opened at $7.81 on Friday. The stock has a market capitalization of $1.65 billion, a P/E ratio of 22.30 and a beta of 0.40. Flowers Foods, Inc. has a twelve month low of $6.80 and a twelve month high of $16.85. The company has a 50 day moving average of $8.06 and a 200-day moving average of $9.51. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 1.02.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings results on Thursday, May 21st. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Flowers Foods had a net margin of 1.38% and a return on equity of 15.98%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the business earned $0.35 EPS. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, equities research analysts forecast that Flowers Foods, Inc. will post 0.85 EPS for the current fiscal year.

Flowers Foods Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, June 12th. Flowers Foods’s dividend payout ratio is presently 282.86%.

Institutional Investors Weigh In On Flowers Foods

Several hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC lifted its holdings in Flowers Foods by 34.9% during the 4th quarter. Larson Financial Group LLC now owns 3,272 shares of the company’s stock valued at $36,000 after purchasing an additional 846 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Flowers Foods by 2.5% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 40,293 shares of the company’s stock valued at $526,000 after purchasing an additional 997 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Flowers Foods by 64.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company’s stock valued at $41,000 after purchasing an additional 1,001 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Flowers Foods by 16.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,789 shares of the company’s stock valued at $102,000 after purchasing an additional 1,074 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Flowers Foods by 7.6% during the 1st quarter. HB Wealth Management LLC now owns 16,256 shares of the company’s stock valued at $132,000 after purchasing an additional 1,155 shares during the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Analyst Upgrades and Downgrades

FLO has been the subject of several recent analyst reports. Stephens cut their price objective on Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. BNP Paribas Exane cut their price objective on Flowers Foods from $10.00 to $8.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft cut their price objective on Flowers Foods from $11.00 to $7.00 and set a “hold” rating for the company in a report on Monday, March 30th. Wall Street Zen downgraded Flowers Foods from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Zacks Research raised Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Five analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $9.60.

Key Stories Impacting Flowers Foods

Here are the key news stories impacting Flowers Foods this week:

• Positive Sentiment: Flowers Foods CFO Diego Anthony Scaglione bought 5,000 shares at $7.51 each, signaling insider confidence in the company’s outlook. SEC filing
• Neutral Sentiment: Zacks Research raised its Q1 2028 EPS estimate to $0.34 from $0.32, but kept a Hold rating on Flowers Foods, suggesting limited conviction despite the improved longer-term view.
• Negative Sentiment: Zacks Research lowered its FY2026 EPS estimate to $0.86 from $0.90, pointing to softer expected full-year earnings for Flowers Foods.
• Negative Sentiment: The firm also trimmed near-term estimates, including Q2 2026 to $0.23 from $0.25, Q3 2026 to $0.18 from $0.20, and Q4 2026 to $0.15 from $0.17, which may pressure sentiment on FLO.
• Negative Sentiment: Additional reductions to 2027 estimates, including Q1 2027, Q2 2027, Q3 2027, and Q4 2027, suggest analysts see slower earnings momentum ahead.

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.