Envestnet Asset Management Inc. Lowers Position in BellRing Brands Inc. $BRBR

Envestnet Asset Management Inc. reduced its stake in BellRing Brands Inc. (NYSE:BRBR) by 36.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 199,038 shares of the company’s stock after selling 115,453 shares during the period. Envestnet Asset Management Inc.’s holdings in BellRing Brands were worth $7,235,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in BellRing Brands by 820.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 47,808 shares of the company’s stock worth $1,662,000 after buying an additional 42,612 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of BellRing Brands during the third quarter worth $1,287,000. Savoir Faire Capital Management L.P. raised its stake in shares of BellRing Brands by 144.4% in the third quarter. Savoir Faire Capital Management L.P. now owns 97,969 shares of the company’s stock valued at $3,561,000 after acquiring an additional 57,879 shares in the last quarter. Hunter Associates Investment Management LLC raised its stake in shares of BellRing Brands by 96.2% in the third quarter. Hunter Associates Investment Management LLC now owns 138,929 shares of the company’s stock valued at $5,069,000 after acquiring an additional 68,136 shares in the last quarter. Finally, CWM LLC boosted its holdings in BellRing Brands by 2,681.6% in the third quarter. CWM LLC now owns 88,287 shares of the company’s stock valued at $3,209,000 after purchasing an additional 85,113 shares during the period. Hedge funds and other institutional investors own 94.97% of the company’s stock.

Insider Buying and Selling

In related news, insider Douglas J. Cornille sold 3,970 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $30.93, for a total value of $122,792.10. Following the completion of the sale, the insider directly owned 54,812 shares of the company’s stock, valued at $1,695,335.16. The trade was a 6.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

BellRing Brands Stock Up 0.5%

BRBR stock opened at $19.07 on Friday. The business has a 50 day moving average price of $24.44 and a 200 day moving average price of $31.01. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 13.15, a PEG ratio of 3.74 and a beta of 0.64. BellRing Brands Inc. has a fifty-two week low of $17.09 and a fifty-two week high of $79.57.

BellRing Brands (NYSE:BRBR) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The company had revenue of $537.30 million for the quarter, compared to analysts’ expectations of $505.44 million. BellRing Brands had a net margin of 7.88% and a negative return on equity of 64.79%. The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the company earned $0.58 earnings per share. As a group, sell-side analysts anticipate that BellRing Brands Inc. will post 2.23 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BRBR. TD Cowen restated a “hold” rating on shares of BellRing Brands in a report on Thursday, January 8th. Mizuho cut their target price on shares of BellRing Brands from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. UBS Group set a $23.00 target price on shares of BellRing Brands in a report on Wednesday, February 4th. Morgan Stanley set a $32.00 price target on shares of BellRing Brands in a report on Friday, January 16th. Finally, DA Davidson reissued a “buy” rating and issued a $32.00 price objective on shares of BellRing Brands in a research report on Wednesday, February 4th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.88.

Key Stories Impacting BellRing Brands

Here are the key news stories impacting BellRing Brands this week:

• Positive Sentiment: Company fundamentals/reminder — BellRing recently reported a quarterly earnings beat (Feb. 3) with revenue above consensus and positive net margin, which provides some operational context that could limit downside from legal headlines.
• Neutral Sentiment: Multiple law firms are issuing procedural reminders about the March 23, 2026 lead-plaintiff deadline for a class action covering purchases between Nov. 19, 2024 and Aug. 4, 2025; these notices are primarily solicitations to potential plaintiffs rather than new allegations. Faruqi & Faruqi reminder
• Negative Sentiment: Multiple firms have filed or publicized a securities class action alleging BellRing and certain executives misled investors about the drivers of 2025 sales growth and that inventory issues precipitated a large stock drop; one notice cites an alleged ~$2.9 billion market-value wipeout. These allegations increase the risk of litigation costs, management distraction, and continued selling pressure. Hagens Berman alert
• Negative Sentiment: Several other national plaintiffs’ firms have filed suits or issued client alerts (BFA Law, Berger Montague, Pomerantz, Levi & Korsinsky, etc.), amplifying publicity and the likelihood of competing lead-plaintiff motions and consolidated litigation—factors that can prolong resolution and increase legal expense. BFA Law filing

BellRing Brands Company Profile

BellRing Brands, Inc is a consumer packaged goods company specializing in high‐protein, better‐for‐you nutrition products. Formed in March 2020 as a spin‐off from Post Holdings, the company focuses on delivering convenient protein solutions to health‐conscious consumers through a portfolio of well‐known and emerging brands.

The company’s product offerings include ready‐to‐drink protein shakes, protein powders, nutrition bars and other performance nutrition items. BellRing Brands’ flagship brands include Premier Protein, a line of shakes and bars designed for everyday protein supplementation, as well as Dymatize and PowerBar, which cater to athletes and active individuals seeking advanced sports nutrition formulas.

BellRing Brands markets its products primarily across North America, leveraging relationships with major retailers, wholesale clubs and e-commerce platforms to reach consumers in the United States and Canada.