In addition to the sale, Zadoks exercised options to acquire 28,969 shares at a price of $62.10 per share. Following these transactions, he holds 67,788 shares directly. The filing also detailed several transfers of stock, including 57,000 shares transferred to a family trust and 48,740 shares to his spouse, both at no cost, reflecting adjustments in indirect ownership. According to InvestingPro data, POST maintains a GREAT financial health score, with liquid assets exceeding short-term obligations. Subscribers can access 8 additional ProTips and comprehensive financial metrics in the Pro Research Report. According to InvestingPro data, POST maintains a GREAT financial health score, with liquid assets exceeding short-term obligations. Subscribers can access 8 additional ProTips and comprehensive financial metrics in the Pro Research Report.
In addition to the sale, Zadoks exercised options to acquire 28,969 shares at a price of $62.10 per share. Following these transactions, he holds 67,788 shares directly. The filing also detailed several transfers of stock, including 57,000 shares transferred to a family trust and 48,740 shares to his spouse, both at no cost, reflecting adjustments in indirect ownership.
In other recent news, Post Holdings (NYSE:POST) has made significant strides in its financial performance. The company recently completed the redemption of 5.625% senior notes due in 2028, a significant financial event that could influence its debt profile and interest obligations. The redeemed notes, with a principal amount of $464.9 million, were settled at a redemption price of 100.938%, totaling approximately $469.3 million.
Post Holdings also reported a robust performance in its fourth-quarter earnings for the fiscal year 2024, with a 45% increase in adjusted EBITDA over the past two years. Despite a slight 2% decline in consumption volumes, the company generated approximately $1 billion in free cash flow and significantly reduced its net leverage.
In terms of analyst perspectives, Evercore ISI recently upgraded the price target for Post Holdings from $123.00 to $126.00, maintaining an Outperform rating. The analyst noted a 3% year-over-year growth in the FY25 EBITDA estimate, surpassing both the previous forecast and the consensus estimate. The firm also highlighted the potential for organic profit growth from the execution of the Nutrish brand relaunch and the enterprise resource planning implementation at Weetabix.
These recent developments reflect Post Holdings' broader financial strategy and its commitment to optimizing its capital structure. As part of this strategy, the company is also planning a relaunch of the Nutrish brand in early 2025 and has closed the Lancaster cereal plant to optimize capacity. Such moves are in line with standard corporate treasury activities and underscore the company's focus on operational efficiency and disciplined capital management.
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