Flowers Foods, Inc. $FLO Shares Acquired by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC lifted its holdings in Flowers Foods, Inc. (NYSE:FLO) by 327.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,255 shares of the company’s stock after buying an additional 65,315 shares during the period. Berkeley Capital Partners LLC’s holdings in Flowers Foods were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. ProShare Advisors LLC raised its holdings in Flowers Foods by 139.1% in the 3rd quarter. ProShare Advisors LLC now owns 4,295,812 shares of the company’s stock valued at $56,060,000 after acquiring an additional 2,499,194 shares during the last quarter. Norges Bank purchased a new stake in shares of Flowers Foods in the second quarter valued at approximately $37,674,000. Pacer Advisors Inc. acquired a new stake in shares of Flowers Foods in the third quarter valued at approximately $16,726,000. Allen Mooney & Barnes Investment Advisors LLC lifted its position in Flowers Foods by 382.5% during the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 935,708 shares of the company’s stock worth $12,211,000 after buying an additional 741,780 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Flowers Foods by 59.5% during the second quarter. Bank of America Corp DE now owns 1,841,985 shares of the company’s stock worth $29,435,000 after buying an additional 687,488 shares in the last quarter. Hedge funds and other institutional investors own 75.45% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Zacks Research upgraded Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Truist Financial lowered their price target on shares of Flowers Foods from $15.00 to $10.00 and set a “hold” rating on the stock in a research report on Thursday, November 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Flowers Foods in a research report on Thursday, January 22nd. Stephens set a $11.00 target price on shares of Flowers Foods in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 target price on shares of Flowers Foods in a report on Tuesday. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $12.60.

Flowers Foods Trading Up 0.1%

Shares of FLO stock opened at $9.90 on Friday. Flowers Foods, Inc. has a 1-year low of $9.44 and a 1-year high of $20.23. The firm has a market cap of $2.09 billion, a PE ratio of 24.75 and a beta of 0.33. The company has a 50-day moving average of $10.94 and a two-hundred day moving average of $12.35. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.41 and a quick ratio of 0.57.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. Flowers Foods had a net margin of 1.59% and a return on equity of 16.61%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business posted $0.22 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, analysts predict that Flowers Foods, Inc. will post 1.18 EPS for the current year.

Insider Activity at Flowers Foods

In other news, CEO Ryals Mcmullian sold 209,000 shares of Flowers Foods stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $10.87, for a total value of $2,271,830.00. Following the completion of the sale, the chief executive officer directly owned 1,022,380 shares of the company’s stock, valued at approximately $11,113,270.60. The trade was a 16.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.57% of the stock is currently owned by corporate insiders.

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.