First Eagle Investment Management LLC Increases Stock Position in Utz Brands, Inc. $UTZ

First Eagle Investment Management LLC boosted its stake in shares of Utz Brands, Inc. (NYSE:UTZ) by 22.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 886,250 shares of the company’s stock after buying an additional 160,720 shares during the quarter. First Eagle Investment Management LLC’s holdings in Utz Brands were worth $9,199,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new position in Utz Brands during the second quarter worth about $25,000. Aster Capital Management DIFC Ltd boosted its stake in Utz Brands by 194.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company’s stock worth $32,000 after buying an additional 1,730 shares during the period. Farther Finance Advisors LLC boosted its stake in Utz Brands by 118.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,356 shares of the company’s stock worth $45,000 after buying an additional 2,362 shares during the period. Osaic Holdings Inc. boosted its stake in Utz Brands by 76.1% during the second quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock worth $47,000 after buying an additional 1,623 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in Utz Brands by 505.6% during the second quarter. Canada Pension Plan Investment Board now owns 10,900 shares of the company’s stock worth $137,000 after buying an additional 9,100 shares during the period. Hedge funds and other institutional investors own 95.97% of the company’s stock.

Utz Brands Price Performance

Shares of NYSE UTZ opened at $7.40 on Wednesday. The stock’s 50-day moving average is $7.77 and its two-hundred day moving average is $9.34. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.14 and a quick ratio of 0.75. Utz Brands, Inc. has a 1-year low of $7.11 and a 1-year high of $14.67. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -73.94, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87.

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

Utz Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Monday, April 13th were paid a $0.063 dividend. The ex-dividend date was Monday, April 13th. This represents a $0.25 dividend on an annualized basis and a yield of 3.4%. Utz Brands’s payout ratio is currently -250.00%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Barclays lowered their target price on shares of Utz Brands from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. BTIG Research assumed coverage on shares of Utz Brands in a research note on Monday, April 13th. They issued a “buy” rating and a $10.00 price objective for the company. UBS Group lowered their price objective on shares of Utz Brands from $10.00 to $8.50 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Bank of America lowered their price objective on shares of Utz Brands from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Finally, DA Davidson set a $15.00 price objective on shares of Utz Brands in a research note on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.06.

About Utz Brands

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.