Jana Partners Increases Stake in Freshpet

Thursday, Aug 14, 2025 9:31 am ET1min read

Jana Partners has increased its stake in Freshpet, Inc. Freshpet is a pet food company that develops, manufactures, and distributes dog food, cat food, and dog treats. Its products are made with fresh, meat-based nutrition and minimal processing. The company sells its products through a network of branded refrigerators, Freshpet Fridges, and various retail channels.

Jana Partners has recently announced an increase in its stake in Freshpet, Inc., a leading provider of fresh, meat-based pet food. Freshpet, which develops, manufactures, and distributes dog food, cat food, and dog treats, has seen its stock price reach a 52-week low, hitting $62.26 USD on June 30, 2025 [1]. Despite this decline, the company maintains strong liquidity with a current ratio of 4.81 and has experienced impressive revenue growth of 19.3% over the past year.

The company's second-quarter 2025 earnings report highlighted a significant earnings-per-share (EPS) of $0.33, which exceeded the forecast by 200%. However, revenues of $265 million fell short of the consensus estimate of $268 million, though they still represented a 13% year-over-year growth. Analysts have responded with varied ratings, with some maintaining a Buy rating despite lowering price targets due to macro concerns [1].

Freshpet's stock has been volatile, and the company faces challenges in maintaining investor confidence amidst broader market fluctuations and company-specific hurdles. Despite this, the company's strategic response to these pressures is closely monitored by investors. The recent increase in Jana Partners' stake may indicate confidence in Freshpet's long-term prospects, particularly given the company's focus on fresh, meat-based nutrition and its network of branded refrigerators, Freshpet Fridges, and various retail channels.

For more detailed analysis and insights, investors can refer to the comprehensive Pro Research Report available on InvestingPro [1].

References:
[1] https://www.investing.com/news/company-news/freshpet-stock-hits-52week-low-at-6226-usd-93CH-4183370
[2] https://www.nasdaq.com/articles/frpt-october-17th-options-begin-trading

Jana Partners Increases Stake in Freshpet

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