BellRing BrandsBRBR
About: BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.
Employees: 380
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
303% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $11.7M
58% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 48
7% more funds holding
Funds holding: 416 [Q1] → 444 (+28) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 148
0.43% less ownership
Funds ownership: 95.19% [Q1] → 94.77% (-0.43%) [Q2]
4% less capital invested
Capital invested by funds: $7.36B [Q1] → $7.06B (-$294M) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Truist Securities Bill Chappell 70% 1-year accuracy 14 / 20 met price target | 9%downside $60 | Hold Maintained | 16 Oct 2024 |
B of A Securities Bryan Spillane 72% 1-year accuracy 13 / 18 met price target | 14%upside $75 | Buy Maintained | 15 Oct 2024 |
Barclays Lauren Lieberman 64% 1-year accuracy 46 / 72 met price target | 4%upside $68 | Overweight Maintained | 11 Oct 2024 |
JP Morgan Kenneth Goldman 100% 1-year accuracy 2 / 2 met price target | 2%downside $64 | Overweight Maintained | 7 Aug 2024 |
Needham Matt McGinley 50% 1-year accuracy 14 / 28 met price target | 1%upside $66 | Buy Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 3 articles about BRBR published over the past 30 days