WINTON GROUP Ltd Trims Stock Position in The Simply Good Foods Company $SMPL

WINTON GROUP Ltd cut its stake in The Simply Good Foods Company (NASDAQ:SMPL) by 51.4% in the 2nd quarter, Holdings Channel reports. The firm owned 202,150 shares of the financial services provider’s stock after selling 214,108 shares during the period. WINTON GROUP Ltd’s holdings in Simply Good Foods were worth $2,685,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SMPL. Public Employees Retirement System of Ohio purchased a new position in shares of Simply Good Foods during the second quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its holdings in Simply Good Foods by 125.4% in the second quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock worth $31,000 after buying an additional 538 shares during the period. Leonteq Securities AG boosted its position in Simply Good Foods by 96.2% during the 1st quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 1,132 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Simply Good Foods by 82.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 807 shares during the period. Finally, Johnson Financial Group Inc. bought a new position in shares of Simply Good Foods in the 3rd quarter worth approximately $36,000. Institutional investors own 88.45% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Jefferies Financial Group set a $15.00 price objective on Simply Good Foods in a report on Wednesday, August 26th. DA Davidson decreased their price target on shares of Simply Good Foods from $39.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, July 10th. TD Cowen lowered their price target on shares of Simply Good Foods from $13.00 to $11.00 and set a “hold” rating for the company in a research report on Wednesday, August 26th. Sanford C. Bernstein cut shares of Simply Good Foods from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $17.00 to $12.00 in a report on Wednesday, June 3rd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Simply Good Foods in a report on Thursday, June 18th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Simply Good Foods currently has a consensus rating of “Hold” and a consensus target price of $14.45.

Key Headlines Impacting Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

• Negative Sentiment: The lawsuit alleges that Simply Good Foods and certain executives misled investors about the performance and success of the company’s approximately $280 million OWYN acquisition and integration. One investor notice claims that more than 70% of the acquisition price was eventually written off, potentially exposing the company to financial damages, legal costs and reputational harm. These allegations have not been proven. SMPL Shareholder Alert
• Negative Sentiment: Multiple firms—including Robbins LLP, SBS Law, Kaplan Fox, Bronstein Gewirtz & Grossman, Bernstein Liebhard, Pomerantz and others—are soliciting investors connected with the same class action. The litigation covers purchases of SMPL shares from October 24, 2024, through April 8, 2026, and alleges violations of federal securities laws, including Sections 10(b) and 20(a) and Rule 10b-5. Robbins LLP class-action notice
• Neutral Sentiment: Investors have until October 13, 2026, to seek appointment as lead plaintiff. The deadline is a procedural step and does not establish liability, but continued litigation could keep attention focused on the company’s acquisition accounting and disclosures. Kaplan Fox deadline notice
• Neutral Sentiment: A reported short-interest update lists zero shares short and a zero-day days-to-cover ratio, making the data unusable as a meaningful explanation for SMPL’s trading activity.

Simply Good Foods Stock Down 3.9%

SMPL stock opened at $9.84 on Friday. The stock has a market capitalization of $870.45 million, a P/E ratio of -4.53 and a beta of 0.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.80 and a quick ratio of 3.10. The Simply Good Foods Company has a 1-year low of $9.83 and a 1-year high of $27.52. The business has a fifty day moving average price of $11.20 and a 200-day moving average price of $12.54.

Simply Good Foods (NASDAQ:SMPL) last released its quarterly earnings data on Thursday, July 9th. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.35 by $0.07. Simply Good Foods had a positive return on equity of 9.34% and a negative net margin of 14.28%.The company had revenue of $356.98 million for the quarter, compared to analysts’ expectations of $332.99 million. During the same period last year, the firm posted $0.51 earnings per share. Simply Good Foods’s revenue was down 6.3% compared to the same quarter last year. Equities analysts forecast that The Simply Good Foods Company will post 1.54 earnings per share for the current fiscal year.

Simply Good Foods Profile

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.