B&G Foods (BGS) Price Target Raised to $5 at Barclays After Green Giant Sale Move

B&G Foods, Inc. (NYSE:BGS) is included among the 15 Best Stocks to Buy Now for Passive Income.

On March 5, Barclays expert Andrew Lazar raised the firm’s terms proposal connected B&G Foods, Inc. (NYSE:BGS) to $5 from $4 and kept an Equal Weight standing connected the shares. The steadfast said it believes the institution whitethorn determination person to its mid-year leverage people with the divestiture of its Green Giant frozen business.

B&G Foods Inc. reported its Q4 2025 net connected March 3. During the net call, President, CEO and Director Kenneth Keller said the institution reached an important milestone successful reshaping its portfolio. He noted that the steadfast agreed to merchantability the Green Giant U.S. frozen concern to Seneca Foods Corporation. Keller said the divestiture represents the largest measurement truthful acold successful the company’s portfolio transformation. He indicated that the determination should assistance the institution sharpen its focus, simplify operations, make stronger synergies, and enactment higher margins crossed its halfway shelf-stable merchandise lines.

Keller besides explained that the Green Giant US frozen conception was not an perfect strategical acceptable for the company. He said the concern progressive seasonal accumulation cycles, geographic complexity, and important moving superior requirements, which made it little aligned with B&G Foods’ broader strategy.

Looking astatine quarterly performance, Keller pointed to a humble betterment successful basal concern income trends. Base concern nett income declined astir 2.4% successful the 4th quarter, compared with a 2.7% diminution successful the 3rd quarter. Adjusted EBITDA for the 4th totaled $84.7 million. That fig came successful somewhat beneath the anterior year, reflecting the interaction of divestitures and further tariff-related costs.

B&G Foods, Inc. (NYSE:BGS) manufactures, sells, and distributes branded shelf-stable and frozen nutrient products. The institution serves customers crossed the United States, Canada, and Puerto Rico. The institution operates successful 4 segments: Specialty, Meals, Frozen and Vegetables, and Spices and Flavor Solutions.

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