Fox Run Management L.L.C. Purchases 74,684 Shares of Utz Brands, Inc. $UTZ

Fox Run Management L.L.C. raised its stake in Utz Brands, Inc. (NYSE:UTZ) by 484.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 90,087 shares of the company’s stock after acquiring an additional 74,684 shares during the quarter. Fox Run Management L.L.C.’s holdings in Utz Brands were worth $935,000 at the end of the most recent reporting period.

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

Utz Brands Price Performance

Shares of UTZ stock opened at $7.10 on Thursday. The stock’s fifty day moving average is $7.52 and its 200-day moving average is $8.84. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.75 and a current ratio of 1.14. The stock has a market capitalization of $1.02 billion, a PE ratio of -70.94, a PEG ratio of 2.51 and a beta of 0.83. Utz Brands, Inc. has a 52 week low of $6.78 and a 52 week high of $14.67.

Utz Brands (NYSE:UTZ) last announced its earnings results on Wednesday, May 6th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. The company 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%.The business’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.16 earnings per share. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Equities research analysts expect that Utz Brands, Inc. will post 0.78 EPS for the current fiscal year.

Utz Brands Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on UTZ shares. BTIG Research started coverage on Utz Brands in a research report on Monday, April 13th. They issued a “buy” rating and a $10.00 price target on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Utz Brands in a research report on Friday, March 27th. Royal Bank Of Canada set a $15.00 price target on Utz Brands in a research report on Thursday, April 9th. Mizuho set a $14.00 price target on Utz Brands in a research report on Monday, February 23rd. Finally, UBS Group lowered their price target on Utz Brands from $10.00 to $8.50 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.