Flowers Foods, Inc. $FLO Stock Position Raised by Quadrant Capital Group LLC

Quadrant Capital Group LLC grew its holdings in Flowers Foods, Inc. (NYSE:FLO) by 200.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 435,421 shares of the company’s stock after acquiring an additional 290,514 shares during the quarter. Quadrant Capital Group LLC owned 0.21% of Flowers Foods worth $2,599,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Flowers Foods during the second quarter valued at about $273,587,000. Dimensional Fund Advisors LP boosted its stake in Flowers Foods by 14.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,545,153 shares of the company’s stock worth $61,497,000 after purchasing an additional 925,245 shares in the last quarter. Bank of America Corp DE acquired a new stake in Flowers Foods in the 2nd quarter worth approximately $18,168,000. Bank of New York Mellon Corp boosted its stake in Flowers Foods by 8.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,770,355 shares of the company’s stock worth $14,428,000 after purchasing an additional 138,775 shares in the last quarter. Finally, Man Group plc purchased a new stake in Flowers Foods during the 2nd quarter worth approximately $11,830,000. Institutional investors and hedge funds own 75.45% of the company’s stock.

Flowers Foods Stock Down 3.3%

Shares of FLO stock opened at $5.80 on Thursday. Flowers Foods, Inc. has a fifty-two week low of $5.40 and a fifty-two week high of $13.11. The firm has a market capitalization of $1.23 billion, a PE ratio of 22.33 and a beta of 0.43. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.77. The stock’s 50-day simple moving average is $6.31 and its 200-day simple moving average is $7.38.

Flowers Foods (NYSE:FLO) last released its earnings results on Thursday, August 20th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.23 billion. Flowers Foods had a return on equity of 14.91% and a net margin of 1.06%. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm earned $0.28 EPS. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. Equities analysts expect that Flowers Foods, Inc. will post 0.80 earnings per share for the current year.

Flowers Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a yield of 8.6%. The ex-dividend date was Friday, September 11th. Flowers Foods’s payout ratio is presently 192.31%.

Insider Buying and Selling

In other news, insider Cindy Cox sold 4,400 shares of the company’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $5.89, for a total value of $25,916.00. Following the sale, the insider directly owned 41,030 shares of the company’s stock, valued at $241,666.70. This represents a 9.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.23% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on FLO shares. BNP Paribas Exane cut their price target on shares of Flowers Foods from $6.50 to $5.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 7th. Zacks Research downgraded shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 15th. Stephens lowered their price objective 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, August 24th. Weiss Ratings lowered shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 16th. Finally, Jefferies Financial Group cut their target price on Flowers Foods from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Four investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Flowers Foods has a consensus rating of “Reduce” and an average price target of $6.80.

Flowers Foods Company Profile

Flowers Foods, Inc is a producer and marketer of packaged bakery foods in the United States. The company makes and distributes bread, buns, rolls, snack cakes, pastries, and other baked goods through a network of bakeries and distribution operations.

Its portfolio includes well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Tastykake, Canyon Bakehouse, and Mrs. Freshley’s. Flowers Foods sells products through grocery stores, mass merchandisers, club stores, foodservice distributors, convenience stores, and other retail channels.

Founded in 1919 and headquartered in Thomasville, Georgia, Flowers Foods serves customers across the United States.