CWA Asset Management Group LLC Invests $1.82 Million in Flowers Foods, Inc. $FLO

CWA Asset Management Group LLC bought a new position in Flowers Foods, Inc. (NYSE:FLO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 167,118 shares of the company’s stock, valued at approximately $1,818,000.

A number of other institutional investors have also added to or reduced their stakes in FLO. Securian Asset Management Inc. raised its position in Flowers Foods by 5.7% during the third quarter. Securian Asset Management Inc. now owns 15,812 shares of the company’s stock valued at $206,000 after purchasing an additional 859 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV lifted its stake in Flowers Foods by 8.6% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,025 shares of the company’s stock worth $157,000 after purchasing an additional 950 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of Flowers Foods by 2.5% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 40,293 shares of the company’s stock worth $526,000 after purchasing an additional 997 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Flowers Foods by 64.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company’s stock worth $41,000 after purchasing an additional 1,001 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its position in shares of Flowers Foods by 56.4% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 2,800 shares of the company’s stock valued at $45,000 after purchasing an additional 1,010 shares during the last quarter. Institutional investors own 75.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FLO. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 price objective on shares of Flowers Foods in a report on Tuesday, February 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Flowers Foods in a research report on Thursday, January 22nd. Zacks Research downgraded shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 25th. Stephens set a $11.00 price objective on shares of Flowers Foods in a report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of Flowers Foods from a “hold” rating to a “buy” rating in a research note on Saturday. Four research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $12.60.

Insider Buying and Selling at Flowers Foods

In other news, CEO Ryals Mcmullian sold 209,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $10.87, for a total value of $2,271,830.00. Following the transaction, the chief executive officer owned 1,022,380 shares in the company, valued at approximately $11,113,270.60. This trade represents a 16.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.57% of the company’s stock.

Flowers Foods Stock Down 2.2%

FLO opened at $8.19 on Monday. Flowers Foods, Inc. has a 12 month low of $8.17 and a 12 month high of $20.23. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 1.04. The business’s 50-day moving average price is $10.24 and its 200-day moving average price is $11.34. The company has a market cap of $1.73 billion, a P/E ratio of 20.47 and a beta of 0.36.

Flowers Foods (NYSE:FLO) last issued its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. Flowers Foods had a return on equity of 16.61% and a net margin of 1.59%.During the same quarter in the previous year, the firm posted $0.22 earnings per share. Flowers Foods’s revenue for the quarter was up 11.0% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, equities analysts expect that Flowers Foods, Inc. will post 1.18 EPS for the current year.

Flowers Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend was Friday, March 6th. Flowers Foods’s dividend payout ratio is 247.50%.

Flowers Foods 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.