G. Willi-Food International (NASDAQ:WILC) Announces Earnings Results

G. Willi-Food International (NASDAQ:WILC) posted its quarterly earnings results on Tuesday. The company reported $0.50 earnings per share (EPS) for the quarter, FiscalAI reports. G. Willi-Food International had a net margin of 14.51% and a return on equity of 14.12%. The business had revenue of $53.87 million during the quarter.

G. Willi-Food International Trading Up 2.4%

Shares of NASDAQ WILC opened at $28.66 on Tuesday. The company has a 50 day simple moving average of $32.35 and a two-hundred day simple moving average of $30.33. The stock has a market cap of $399.23 million, a price-to-earnings ratio of 14.56 and a beta of 1.09. G. Willi-Food International has a 12 month low of $17.66 and a 12 month high of $37.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of G. Willi-Food International by 786.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,146 shares of the company’s stock valued at $40,000 after buying an additional 1,904 shares during the period. Acadian Asset Management LLC acquired a new position in G. Willi-Food International in the first quarter valued at approximately $50,000. Geode Capital Management LLC acquired a new position in G. Willi-Food International in the fourth quarter valued at approximately $203,000. Noked Israel Ltd purchased a new stake in G. Willi-Food International in the 4th quarter worth approximately $230,000. Finally, Y.D. More Investments Ltd boosted its position in G. Willi-Food International by 3,072.6% in the 1st quarter. Y.D. More Investments Ltd now owns 68,750 shares of the company’s stock worth $1,751,000 after purchasing an additional 66,583 shares in the last quarter. 9.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of G. Willi-Food International in a research note on Friday, June 26th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

About G. Willi-Food International

G. Willi-Food International, Inc is a specialty food manufacturer based in Porterville, California, that develops, produces and distributes a variety of seasoned and roasted nut products, trail mixes and snack foods. The company serves both retail and foodservice channels through branded and private-label offerings, catering to grocery chains, club stores, convenience outlets, airlines, hotels, universities and restaurants throughout North America.

Founded in 1977, G. Willi-Food has expanded from a single roasting line to multiple production facilities in California, supported by satellite distribution centers to ensure efficient delivery and inventory management.