Fox Run Management L.L.C. Has $935,000 Position in Utz Brands, Inc. $UTZ

Fox Run Management L.L.C. raised its holdings in shares of Utz Brands, Inc. (NYSE:UTZ) by 484.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,087 shares of the company’s stock after buying an additional 74,684 shares during the quarter. Fox Run Management L.L.C. owned about 0.06% of Utz Brands worth $935,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of Utz Brands by 12.2% during the fourth quarter. LPL Financial LLC now owns 100,211 shares of the company’s stock worth $1,040,000 after buying an additional 10,902 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of Utz Brands by 9.4% during the fourth quarter. Clearbridge Investments LLC now owns 932,242 shares of the company’s stock worth $9,677,000 after buying an additional 80,205 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Utz Brands by 37.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,750,418 shares of the company’s stock worth $18,169,000 after buying an additional 475,628 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of Utz Brands by 11.2% during the fourth quarter. Natixis Advisors LLC now owns 71,048 shares of the company’s stock worth $737,000 after buying an additional 7,151 shares during the last quarter. Finally, Easterly Investment Partners LLC acquired a new position in shares of Utz Brands during the fourth quarter worth approximately $391,000. 95.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on UTZ shares. Mizuho set a $14.00 price target on Utz Brands in a report on Monday, February 23rd. TD Cowen cut their price target on Utz Brands from $11.00 to $9.00 and set a “hold” rating for the company in a report on Monday, April 20th. Weiss Ratings reiterated a “sell (d)” rating on shares of Utz Brands in a report on Friday, March 27th. Zacks Research upgraded Utz Brands from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Royal Bank Of Canada set a $15.00 price target on Utz Brands in a report on Thursday, April 9th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $12.06.

Utz Brands Stock Performance

UTZ opened at $7.10 on Thursday. The stock has a market cap of $1.02 billion, a PE ratio of -70.94, a P/E/G ratio of 2.51 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 0.75 and a debt-to-equity ratio of 0.62. Utz Brands, Inc. has a 1 year low of $6.78 and a 1 year high of $14.67. The stock’s 50 day simple moving average is $7.52 and its 200-day simple moving average is $8.84.

Utz Brands (NYSE:UTZ) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $361.30 million for the quarter, compared to analysts’ expectations of $361.77 million. Utz Brands had a positive return on equity of 8.61% and a negative net margin of 0.58%.Utz Brands’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 earnings per share. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Sell-side analysts forecast that Utz Brands, Inc. will post 0.78 EPS for the current year.

Utz Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Monday, April 13th were given a dividend of $0.063 per share. The ex-dividend date was Monday, April 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.6%. Utz Brands’s payout ratio is currently -250.00%.

Utz Brands Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.