Exploring Turning Point Brands, Inc. (TPB) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the key players are behind Turning Point Brands, Inc. (TPB), and what motivates their investment decisions? With institutional investors holding a significant 83.23% of the company's shares, and insiders owning another 76.13%, understanding the investor profile can offer valuable insights into the company's stability and future prospects. In 2024, Turning Point Brands demonstrated resilience with a 12.8% increase in net sales in Q4, reaching $93.7 million, and an adjusted EBITDA of $104.5 million for the full year, up 12.0% from the previous year. But who are the major shareholders, and what do their investment strategies suggest about the company's potential? Dive in to uncover the details of TPB's investor landscape and the factors driving their interest.

Turning Point Brands, Inc. (TPB) Who Invests in Turning Point Brands, Inc. (TPB) and Why?

Understanding the investor profile of Turning Point Brands, Inc. (TPB) provides insights into the market's perception of the company and its future prospects. A variety of investors, each with their own motivations and strategies, are drawn to TPB.

Here's an exploration of the key investor types, their motivations, and typical strategies:

• Key Investor Types:

The ownership structure of Turning Point Brands (TPB) stock includes:

• Institutional Investors: These entities, including mutual funds, hedge funds, and pension funds, hold a significant portion of TPB's shares. According to Fintel, 437 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 17,865,421 shares.
• Retail Investors: Individual investors also constitute a notable portion of TPB's shareholders. TipRanks data indicates that approximately 47.05% of the company's stock is held by retail investors.
• Insiders: Corporate officers and directors who own shares in the company.

Major shareholders include include:

• BlackRock, Inc.
• Vanguard Group Inc
• Morgan Stanley
• Thrivent Financial For Lutherans
• American Century Companies Inc
• VTSMX - Vanguard Total Stock Market Index Fund Investor Shares
• ASVIX - Small Cap Value Fund Investor Class
• Fmr Llc
• IWM - iShares Russell 2000 ETF
• Dimensional Fund Advisors Lp

• Investment Motivations:

Several factors attract investors to Turning Point Brands:

• Growth Prospects: TPB has demonstrated revenue growth, with 2024 revenue reaching $360.66 million, a 10.95% increase compared to the previous year's $325.06 million. The company's expansion in the smoke-free alternatives sector, particularly modern oral nicotine products, is gaining traction.
• Strong Financial Performance: The company's earnings were $39.81 million in 2024, a 3.50% increase. TPB maintains a strong current ratio of 4.21, indicating substantial liquid assets exceeding short-term obligations.
• Analyst Ratings: TPB stock holds a 'Strong Buy' rating from analysts, with a 12-month stock price forecast of $68.75, representing an upside of 18.92% from recent prices.
• Dividend Payouts: Turning Point Brands has a history of dividend payments, with the latest quarterly dividend declared at $0.075 per common share, a 7% increase over the previous quarter.
• Market Position: TPB has a strong presence in the alternative smoking accessories and consumables market through its iconic Zig-Zag® and Stoker's® brands. Its products are available in over 220,000 retail outlets in North America.

• Investment Strategies:

Investors in Turning Point Brands employ various strategies:

• Long-Term Holding: Many institutional investors, such as Vanguard Group and BlackRock, adopt a long-term holding strategy, capitalizing on the company's stable business and cash flow.
• Value Investing: Some investors are attracted to TPB's strong financial health and potential undervaluation, as indicated by its low P/E ratio compared to the market.
• Growth Investing: TPB's growth in the modern oral segment and expansion into alternative channels appeal to growth investors seeking high-potential opportunities.
• Dividend Investing: The company's consistent dividend payouts and recent dividend increase make it attractive to dividend investors.
• Short-Term Trading: Increased short interest in TPB suggests some traders are betting against the stock, potentially driven by volatility or concerns about revenue targets.

Recent moves by major investors in Q4 2024 include:

• FMR LLC added 478,320 shares (+12436.8%) to their portfolio, with an estimated value of $28,747,032.
• MORGAN STANLEY decreased their position by 235,702 shares (-18.7%), with an estimated value of $14,165,690.

Turning Point Brands operates through the following segments:

• Zig-Zag Products: Markets rolling papers, tubes, finished cigars, and related products. In 2024, net sales increased 6.6% to $192.3 million.
• Stoker's Products: Manufactures moist snuff tobacco and loose-leaf chewing tobacco. In 2024, net sales increased 16.4% to $168.3 million.

Turning Point Brands has shown its commitment to returning value to shareholders. On February 26, 2025, the company declared a regular quarterly dividend of $0.075 per common share, marking a 7% increase over the dividend declared in November 2024. The dividend was payable on April 11, 2025, to shareholders of record on March 21, 2025. This translates to an annual dividend of $0.29 per share and a dividend yield of 0.51%.

For more insights into Turning Point Brands' mission, vision, and core values, explore: Mission Statement, Vision, & Core Values of Turning Point Brands, Inc. (TPB).

Turning Point Brands, Inc. (TPB) Institutional Ownership and Major Shareholders of Turning Point Brands, Inc. (TPB)

Institutional ownership in Turning Point Brands, Inc. (TPB) offers insights into market sentiment and the potential stability of its stock. Large institutional investors often conduct thorough research before investing, and their actions can significantly influence stock price and company strategy. Examining the top institutional holders, changes in ownership, and the overall impact of these investors provides a comprehensive view of TPB's investor profile.

Here's an overview of Turning Point Brands, Inc.'s institutional ownership:

• Top Institutional Investors: The largest institutional investors in Turning Point Brands, Inc. (TPB) include firms that manage substantial assets. These firms often have significant influence due to the size of their holdings.
• Vanguard Group Inc.: As of March 31, 2025, Vanguard Group Inc. holds 1,346,848 shares, representing 7.08% ownership.
• BlackRock Fund Advisors: BlackRock Fund Advisors holds 1,043,588 shares, accounting for 5.48% ownership as of March 31, 2025.
• Dimensional Fund Advisors LP: With 892,986 shares as of March 31, 2025, Dimensional Fund Advisors LP has 4.69% ownership.
• Arrowstreet Capital Limited Partnership: Arrowstreet Capital Limited Partnership holds 607,524 shares, representing 3.19% ownership as of March 31, 2025.
• Renaissance Technologies LLC: Renaissance Technologies LLC holds 482,300 shares, accounting for 2.53% ownership as of March 31, 2025.

These major institutional holders collectively own a significant portion of Turning Point Brands, Inc. (TPB), indicating strong institutional interest in the company.

Recent changes in ownership can signal shifts in investor confidence and expectations for Turning Point Brands, Inc. (TPB). Increases in institutional holdings may suggest a positive outlook, while decreases could indicate concerns about the company's future performance.

• Increase in Holdings: Some institutional investors may have increased their positions in TPB, reflecting optimism about the company's strategic direction or financial health.
• Decrease in Holdings: Conversely, other institutions may have reduced their stakes, possibly due to portfolio rebalancing or a change in their investment thesis regarding TPB.

Changes in institutional ownership are dynamic and can vary over time, influenced by factors such as company performance, market conditions, and broader economic trends.

The presence and actions of large institutional investors can have a notable impact on Turning Point Brands, Inc.'s (TPB) stock price and overall strategy.

• Stock Price Influence: Substantial buying or selling by institutional investors can lead to price fluctuations. Positive news or strong financial results, coupled with increased institutional buying, may drive the stock price higher.
• Strategic Impact: Institutional investors often engage with company management to express their views on strategic decisions. Their feedback can influence TPB's approach to growth, capital allocation, and corporate governance.

Understanding the role and influence of institutional investors is crucial for assessing the potential trajectory of Turning Point Brands, Inc. (TPB) in the market. These investors not only provide capital but also contribute to the company's strategic development through their active engagement and oversight. By monitoring their ownership patterns and strategic moves, stakeholders can gain valuable insights into the company's prospects and stability.

For further insights into Turning Point Brands, Inc.'s mission, vision, and core values, refer to: Mission Statement, Vision, & Core Values of Turning Point Brands, Inc. (TPB).

Turning Point Brands, Inc. (TPB) Key Investors and Their Impact on Turning Point Brands, Inc. (TPB)

Understanding the investor profile of Turning Point Brands, Inc. (TPB) provides valuable insights into the company's stability, strategic direction, and potential for growth. Examining the key investors, their influence, and recent activities can help stakeholders assess the overall market sentiment and make informed decisions.

While specific real-time data on all individual investors and their direct impact on Turning Point Brands, Inc. (TPB) stock movements is dynamic and proprietary, certain general observations and resources can be highlighted.

Institutional investors often hold significant stakes in publicly traded companies like Turning Point Brands, Inc. (TPB). These may include mutual funds, hedge funds, pension funds, and insurance companies. Their investment decisions are typically driven by in-depth research and analysis, and their actions can significantly influence stock prices. For example, large purchases can drive up demand, while significant sales can exert downward pressure.

Key aspects of investor influence and recent moves:

• Investor Influence: Large institutional investors can engage with company management through shareholder activism, advocating for changes in corporate governance, strategy, or operations. The extent of their influence depends on the size of their stake and their ability to garner support from other shareholders.
• Recent Moves: Tracking institutional ownership changes, as reported in SEC filings (e.g., 13F filings), provides insights into recent buying and selling activity. Monitoring these filings can reveal which institutions are increasing or decreasing their positions, signaling their confidence or concerns about the company's prospects.

Examining the ownership structure of Turning Point Brands, Inc. (TPB) can reveal the balance of power and potential influences on the company's strategic decisions. A mix of institutional, insider, and retail investors is common. Significant insider ownership can align management's interests with those of shareholders, while a large retail investor base can increase stock volatility.

To get a comprehensive understanding of Turning Point Brands, Inc. (TPB)'s investor profile, consider the following:

• Reviewing the company's investor relations website for information on major shareholders.
• Analyzing SEC filings, such as 13F filings, to track institutional ownership.
• Monitoring financial news and analyst reports for insights on investor sentiment and potential catalysts for stock movements.

Keep in mind that investment decisions are influenced by a wide range of factors, including company performance, industry trends, macroeconomic conditions, and overall market sentiment.

More information about Turning Point Brands, Inc. (TPB) can be found here: Turning Point Brands, Inc. (TPB): History, Ownership, Mission, How It Works & Makes Money

Turning Point Brands, Inc. (TPB) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating the potential of Turning Point Brands, Inc. (TPB). This analysis encompasses major shareholders' attitudes, recent market behaviors, and analyst perspectives to provide a comprehensive view of TPB's market dynamics.

Major shareholders of Turning Point Brands, Inc. include:

• Standard Diversified Opportunities Inc: Holds 46.09% of the company, representing 8,178,918 shares valued at $472.66 million.
• Helms Management Corp: Owns 9.80% with 1,740,062 shares, valued at $100.56 million.
• Standard General LP: Possesses 9.30% of the company, holding 1,650,402 shares worth $95.38 million.
• BlackRock Inc: Holds 8.82% of the company, with 1,565,139 shares valued at $90.45 million.
• Vanguard Group Inc: Owns 8.59%, holding 1,524,640 shares valued at $88.11 million.
• Morgan Stanley: Holds 5.77% of the company, with 1,023,903 shares valued at $59.17 million.
• Thrivent Financial For Lutherans: Owns 3.61% of the company, holding 640,271 shares valued at $37.00 million.
• American Century Companies Inc: Holds 3.51% with 622,759 shares, valued at $35.99 million.
• Fmr LLC: Holds 2.72% of the company, with 482,166 shares valued at $27.86 million.
• Dimensional Fund Advisors LP: Owns 2.51%, holding 445,933 shares valued at $25.77 million.

Institutional investors hold a significant portion of Turning Point Brands, Inc. shares. Recent data shows that institutional ownership stands at approximately 30.42%, while insiders own about 7.47%, and public companies and individual investors hold around 15.06%.

The general sentiment among major shareholders appears positive, influenced by Turning Point Brands' strategic shift towards smoke-free alternatives and robust segment performance. Analyst ratings further support this sentiment.

Recent market reactions to Turning Point Brands, Inc. have been notable. In the last month, the stock price jumped by 25%, contributing to an annual gain of 208%. However, short interest in Turning Point Brands increased by nearly 9% as of March's end, suggesting growing bearish sentiment among some traders, even as the company's fundamentals and analyst outlook remain positive for the upcoming year.

Here's a summary of analyst perspectives on Turning Point Brands, Inc.:

• Consensus Rating: Turning Point Brands has a consensus rating of 'Buy'. Specifically, 5 analysts have given a 'buy' rating, and 1 has given a 'strong buy' rating.
• Price Target: The average 12-month price target for Turning Point Brands is $73.33. The forecasts range from a low of $65.00 to a high of $85.00.
• Upside Potential: The average price target represents a forecasted upside of 29.63% from the current price.

Several analysts have provided ratings and price targets for TPB:

Analysts' recommendations suggest confidence in Turning Point Brands, Inc.'s potential for growth, driven by strategic initiatives and market positioning.

For more insights into Turning Point Brands, Inc., explore its Turning Point Brands, Inc. (TPB): History, Ownership, Mission, How It Works & Makes Money.