Saputo (TSE:SAP – Free Report) had its target price trimmed by Desjardins from C$34.00 to C$31.00 in a research note released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock. Desjardins also issued estimates for Saputo’s Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.52 EPS and FY2026 earnings at $1.92 EPS.
Several other analysts have also recently issued reports on SAP. CIBC dropped their price objective on shares of Saputo from C$35.00 to C$32.00 in a research note on Thursday, January 30th. National Bankshares dropped their price objective on shares of Saputo from C$31.00 to C$28.00 in a research note on Wednesday, January 15th. BMO Capital Markets dropped their price objective on shares of Saputo from C$30.00 to C$27.00 and set a “market perform” rating for the company in a research note on Friday, January 10th. Royal Bank of Canada dropped their price objective on shares of Saputo from C$38.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, February 7th. Finally, Jefferies Financial Group dropped their price objective on shares of Saputo from C$36.00 to C$32.00 and set a “buy” rating for the company in a research note on Monday, December 23rd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$31.29.
Read Our Latest Stock Analysis on SAP
Saputo Stock Up 1.2 %
Saputo Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.76 annualized dividend and a dividend yield of 3.13%. Saputo’s dividend payout ratio (DPR) is 120.63%.
Insider Activity
In related news, Senior Officer Leanne Cutts acquired 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average cost of C$26.25 per share, for a total transaction of C$105,000.00. Corporate insiders own 40.45% of the company’s stock.
Saputo Company Profile
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
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