B&G Foods, Inc. (BGS) reported second-quarter 2026 revenue of $383.3 million, down 9.7% from a year ago and slightly below the $399.9 million estimate. Gross profit came in at $79.6 million, while operating profit rose sharply to $34.6 million.
The company posted a net loss attributable to common shareholders of $4.0 million, or ($0.05) per diluted share. That compared with an earnings estimate of $0.07 per share.
Cash from operating activities increased 32.3% year over year to $23.6 million, while capital spending totaled $4.9 million. B&G Foods ended the quarter with cash and cash equivalents of $591.6 million, up sharply from a year earlier.
Key highlights:
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
B&G Foods, Inc. Insider Trading Activity
B&G Foods, Inc. insiders have traded $BGS stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $BGS stock by insiders over the last 6 months:
- ANDREW D VOGEL (EVP, PRESIDENT OF MEALS) sold 20,000 shares for an estimated $103,762
- DAVID L WENNER sold 19,500 shares for an estimated $101,119
- MARTIN C. SCHOCH (EVP of Supply Chain) sold 11,321 shares for an estimated $61,084
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
B&G Foods, Inc. Hedge Fund Activity
We have seen 75 institutional investors add shares of B&G Foods, Inc. stock to their portfolio, and 130 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 2,349,584 shares (-98.4%) from their portfolio in Q1 2026, for an estimated $11,301,499
- TWO SIGMA INVESTMENTS, LP added 1,621,644 shares (+101.4%) to their portfolio in Q1 2026, for an estimated $7,800,107
- DIMENSIONAL FUND ADVISORS LP added 1,317,400 shares (+78.6%) to their portfolio in Q2 2026, for an estimated $5,243,252
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 1,082,800 shares (+inf%) to their portfolio in Q1 2026, for an estimated $5,208,268
- GOLDMAN SACHS GROUP INC added 780,030 shares (+21.0%) to their portfolio in Q1 2026, for an estimated $3,751,944
- JANE STREET GROUP, LLC added 761,007 shares (+1355.6%) to their portfolio in Q1 2026, for an estimated $3,660,443
- BANK OF AMERICA CORP /DE/ removed 519,314 shares (-43.2%) from their portfolio in Q1 2026, for an estimated $2,497,900
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
B&G Foods, Inc. Price Targets
Multiple analysts have issued price targets for $BGS recently. We have seen 2 analysts offer price targets for $BGS in the last 6 months, with a median target of $5.5.
Here are some recent targets:
- Brandt Montour from Barclays set a target price of $6.0 on 04/15/2026
- David Palmer from Evercore ISI Group set a target price of $5.0 on 03/04/2026
