Iridian Asset Management LLC CT Sells 20,874 Shares of Post Holdings, Inc. $POST

Iridian Asset Management LLC CT lowered its position in Post Holdings, Inc. (NYSE:POST) by 14.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 119,081 shares of the company’s stock after selling 20,874 shares during the period. Post comprises approximately 5.0% of Iridian Asset Management LLC CT’s holdings, making the stock its 7th largest position. Iridian Asset Management LLC CT owned about 0.22% of Post worth $12,799,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Post by 119.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. Byrne Asset Management LLC purchased a new position in Post in the second quarter worth $52,000. Signaturefd LLC lifted its holdings in Post by 131.1% in the second quarter. Signaturefd LLC now owns 550 shares of the company’s stock valued at $60,000 after acquiring an additional 312 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of Post by 39.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 570 shares of the company’s stock worth $62,000 after purchasing an additional 160 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Post during the 2nd quarter worth $64,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on POST. Mizuho reduced their price objective on shares of Post from $122.00 to $120.00 and set an “outperform” rating for the company in a research note on Monday, December 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Post in a research report on Monday, December 29th. Wells Fargo & Company decreased their price target on Post from $115.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Monday, November 24th. Evercore ISI dropped their price objective on Post from $131.00 to $129.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. Finally, JPMorgan Chase & Co. boosted their target price on Post from $131.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.33.

Post Price Performance

POST stock opened at $99.05 on Monday. The stock’s 50 day moving average price is $101.33 and its 200 day moving average price is $105.15. The firm has a market cap of $5.11 billion, a P/E ratio of 18.08 and a beta of 0.45. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.95 and a current ratio of 1.67. Post Holdings, Inc. has a 1 year low of $95.07 and a 1 year high of $119.85.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, November 20th. The company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.20. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Post had a return on equity of 11.72% and a net margin of 4.11%.The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.53 earnings per share. On average, sell-side analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Insider Transactions at Post

In other Post news, SVP Bradly A. Harper sold 1,658 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $96.69, for a total transaction of $160,312.02. Following the sale, the senior vice president directly owned 11,441 shares of the company’s stock, valued at $1,106,230.29. This trade represents a 12.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David W. Kemper purchased 1,800 shares of the stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $97.93 per share, with a total value of $176,274.00. Following the completion of the acquisition, the director owned 31,522 shares of the company’s stock, valued at approximately $3,086,949.46. This represents a 6.06% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 14.05% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: MarketBeat included POST in a roundup of “under-the-radar consumer staples stocks with pricing power,” highlighting the company’s margin resilience and dividend/earnings profile — a direct positive for investor interest in the stock. 5 Under-the-Radar Consumer Staples Stocks With Pricing Power (POST)
• Positive Sentiment: Gold has jumped after a softer U.S. jobs report, reinforcing expectations of future Fed easing. Lower-rate expectations typically support equity multiples and reduce financing costs, which can be favorable for consumer-staples names like Post. Gold Rockets Above $4,500, Set For 4% Weekly Gain Post U.S. NFP
• Neutral Sentiment: Energy/Geopolitics developments — oil CEOs meeting the White House and reports that Venezuela may cooperate on exports — could push oil prices lower if supply rises. Lower fuel and freight costs would be a modest tailwind for Post’s input and distribution expenses, but impacts are indirect and timing is uncertain. Oil CEOs are meeting with Trump today. These are their demands – CNN

About Post

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.