Carnegie Investment Counsel Sells 5,999 Shares of Post Holdings, Inc. $POST

Carnegie Investment Counsel reduced its stake in shares of Post Holdings, Inc. (NYSE:POST) by 3.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 145,887 shares of the company’s stock after selling 5,999 shares during the period. Carnegie Investment Counsel owned approximately 0.31% of Post worth $14,422,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC raised its holdings in shares of Post by 62.8% in the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Post during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. raised its stake in Post by 119.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after buying an additional 135 shares during the period. Summit Securities Group LLC bought a new position in shares of Post during the 1st quarter worth approximately $28,000. Finally, Highlander Partners L.P. acquired a new stake in shares of Post during the 4th quarter worth about $33,000. 94.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Post

In related news, Director Gregory L. Curl sold 6,186 shares of Post stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total transaction of $649,839.30. Following the transaction, the director owned 15,107 shares of the company’s stock, valued at $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 14.05% of the stock is owned by corporate insiders.

Post Trading Up 1.9%

Shares of POST stock traded up $1.60 during trading hours on Friday, hitting $86.30. 728,214 shares of the company were exchanged, compared to its average volume of 811,148. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.03 and a current ratio of 1.85. Post Holdings, Inc. has a fifty-two week low of $83.89 and a fifty-two week high of $117.28. The company has a 50 day simple moving average of $93.84 and a two-hundred day simple moving average of $99.01. The firm has a market cap of $3.91 billion, a P/E ratio of 14.53 and a beta of 0.39.

Post (NYSE:POST) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.21. Post had a net margin of 4.01% and a return on equity of 13.36%. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the previous year, the firm posted $1.41 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. Equities analysts anticipate that Post Holdings, Inc. will post 7.57 EPS for the current year.

More Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post Holdings is actively offsetting inflation through pricing actions, cost reductions, and a stronger private-label mix, which could help preserve earnings power. How Is Post Holdings Navigating Through Inflation & Cost Pressures?
• Neutral Sentiment: Another Zacks article asked whether value investors should buy POST, suggesting the stock is being viewed through a valuation lens rather than on a fresh operational catalyst. Should Value Investors Buy Post Holdings (POST) Stock?

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays reduced their price target on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. BTIG Research assumed coverage on Post in a research report on Monday, April 13th. They issued a “neutral” rating on the stock. Weiss Ratings cut shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Finally, Wells Fargo & Company reduced their price target on Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $117.00.

Post Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.