287,500 Shares in Utz Brands, Inc. $UTZ Bought by Systematic Financial Management LP

Systematic Financial Management LP acquired a new position in Utz Brands, Inc. (NYSE:UTZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 287,500 shares of the company’s stock, valued at approximately $2,984,000. Systematic Financial Management LP owned about 0.20% of Utz Brands as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UTZ. Balyasny Asset Management L.P. grew its stake in shares of Utz Brands by 42.3% in the second quarter. Balyasny Asset Management L.P. now owns 2,946,512 shares of the company’s stock worth $36,979,000 after purchasing an additional 875,847 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Utz Brands by 40.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,022,709 shares of the company’s stock worth $28,480,000 after purchasing an additional 585,952 shares during the last quarter. UBS Group AG grew its stake in shares of Utz Brands by 39.7% in the third quarter. UBS Group AG now owns 1,702,641 shares of the company’s stock worth $20,687,000 after purchasing an additional 483,638 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Utz Brands by 7.3% in the second quarter. Ameriprise Financial Inc. now owns 6,085,250 shares of the company’s stock worth $76,370,000 after purchasing an additional 413,493 shares during the last quarter. Finally, Copeland Capital Management LLC grew its stake in shares of Utz Brands by 10.2% in the fourth quarter. Copeland Capital Management LLC now owns 3,449,862 shares of the company’s stock worth $35,810,000 after purchasing an additional 318,763 shares during the last quarter. Institutional investors own 95.97% of the company’s stock.

Utz Brands Price Performance

Shares of NYSE UTZ opened at $7.79 on Monday. The firm’s 50-day moving average price is $7.61 and its 200-day moving average price is $9.10. Utz Brands, Inc. has a 1-year low of $6.92 and a 1-year high of $14.67. The firm has a market capitalization of $1.12 billion, a P/E ratio of -77.86, a P/E/G ratio of 2.83 and a beta of 0.87. 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 (NYSE:UTZ) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Utz Brands had a negative net margin of 0.58% and a positive return on equity of 8.61%. The firm had revenue of $361.30 million for the quarter, compared to analyst estimates of $361.77 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Equities research analysts anticipate that Utz Brands, Inc. will post 0.78 earnings per share for the current fiscal year.

Utz Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Monday, April 13th were issued a $0.063 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, April 13th. Utz Brands’s dividend payout ratio is currently -250.00%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on UTZ shares. BTIG Research started 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 on the stock. Zacks Research raised shares of Utz Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Royal Bank Of Canada set a $15.00 price target on shares of Utz Brands in a research report on Thursday, April 9th. UBS Group cut their price target on shares of Utz Brands from $10.00 to $8.50 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Finally, Barclays cut their price target on shares of Utz Brands from $12.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Utz Brands presently has a consensus rating of “Hold” and a consensus price target 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.