Flowers Foods (NYSE:FLO) CFO Diego Anthony Scaglione Buys 5,000 Shares

Flowers Foods, Inc. (NYSE:FLO) CFO Diego Anthony Scaglione acquired 5,000 shares of the stock in a transaction dated Monday, June 8th. The stock was bought at an average price of $7.51 per share, with a total value of $37,550.00. Following the purchase, the chief financial officer directly owned 194,180 shares in the company, valued at $1,458,291.80. This represents a 2.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Flowers Foods Stock Performance

NYSE:FLO opened at $7.78 on Thursday. The company has a fifty day moving average of $8.07 and a 200-day moving average of $9.53. The firm has a market capitalization of $1.65 billion, a P/E ratio of 22.22 and a beta of 0.40. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 1.02. Flowers Foods, Inc. has a twelve month low of $6.80 and a twelve month high of $16.85.

Flowers Foods (NYSE:FLO) last released its quarterly earnings data on Thursday, May 21st. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.58 billion. Flowers Foods had a net margin of 1.38% and a return on equity of 15.98%. Flowers Foods’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 EPS. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, sell-side analysts anticipate that Flowers Foods, Inc. will post 0.87 EPS for the current year.

Flowers Foods Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be paid a $0.125 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.50 annualized dividend and a dividend yield of 6.4%. Flowers Foods’s payout ratio is currently 282.86%.

More Flowers Foods News

Here are the key news stories impacting Flowers Foods this week:

• Positive Sentiment: Flowers Foods’ CFO, Diego Anthony Scaglione, bought 5,000 shares at an average price of $7.51, a sign of insider confidence that can support sentiment around the stock. SEC filing
• Neutral Sentiment: Zacks Research raised its Q1 2028 EPS estimate to $0.34 from $0.32, showing some longer-term optimism, though the firm kept a Hold rating.
• Neutral Sentiment: The company also remains close to consensus earnings expectations for the current year, with analysts looking for about $0.87 per share in FY2026.
• Negative Sentiment: Zacks Research trimmed several near- and medium-term earnings estimates, including FY2026 to $0.86 from $0.90, Q2 2026 to $0.23 from $0.25, Q3 2026 to $0.18 from $0.20, and Q4 2026 to $0.15 from $0.17, which may pressure shares.
• Negative Sentiment: Additional cuts were made to 2027 estimates, including Q1 2027 to $0.30 from $0.32, Q2 2027 to $0.23 from $0.24, Q3 2027 to $0.19 from $0.20, and Q4 2027 to $0.18 from $0.19, indicating softer expected profitability ahead.

Analyst Ratings Changes

Several research firms have recently weighed in on FLO. Zacks Research upgraded shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Flowers Foods from $11.00 to $7.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Weiss Ratings downgraded shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Wall Street Zen downgraded shares of Flowers Foods from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, BNP Paribas Exane reduced their price target on shares of Flowers Foods from $10.00 to $8.00 and set an “underperform” rating for the company in a research report on Thursday, April 9th. Five research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Flowers Foods presently has an average rating of “Reduce” and an average price target of $9.60.

Institutional Trading of Flowers Foods

Several hedge funds have recently bought and sold shares of FLO. WealthCollab LLC boosted its holdings in Flowers Foods by 1,623.7% during the 4th quarter. WealthCollab LLC now owns 2,327 shares of the company’s stock worth $25,000 after acquiring an additional 2,192 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in Flowers Foods by 225.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,400 shares of the company’s stock worth $31,000 after acquiring an additional 1,663 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Flowers Foods by 64.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company’s stock worth $41,000 after acquiring an additional 1,001 shares during the last quarter. True Wealth Design LLC boosted its holdings in Flowers Foods by 262.9% during the 4th quarter. True Wealth Design LLC now owns 2,620 shares of the company’s stock worth $29,000 after acquiring an additional 1,898 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in Flowers Foods by 140.7% during the 4th quarter. IFP Advisors Inc now owns 3,025 shares of the company’s stock worth $33,000 after acquiring an additional 1,768 shares during the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

Flowers Foods Company Profile

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.