Turning Point Brands (NYSE:TPB) Upgraded at Wall Street Zen

28 Jul 2026, 05:13 by Danessa Lincoln · The Markets Daily

Wall Street Zen upgraded shares of Turning Point Brands (NYSE:TPB – Free Report) from a strong sell rating to a sell rating in a research report sent to investors on Saturday.

A number of other equities analysts have also recently commented on the company. Needham & Company LLC raised Turning Point Brands from a “hold” rating to a “buy” rating and set a $125.00 target price on the stock in a report on Friday, May 8th. Weiss Ratings lowered Turning Point Brands from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Compass Point set a $103.00 price target on Turning Point Brands in a research report on Tuesday, July 21st. Finally, BTIG Research initiated coverage on Turning Point Brands in a research note on Tuesday, July 21st. They issued a “buy” rating and a $103.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Turning Point Brands presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.50.

View Our Latest Report on TPB

Turning Point Brands Stock Up 3.3%

Shares of TPB stock opened at $78.67 on Friday. The company has a current ratio of 5.87, a quick ratio of 4.05 and a debt-to-equity ratio of 0.76. Turning Point Brands has a 12 month low of $65.80 and a 12 month high of $146.90. The stock has a market cap of $1.52 billion, a P/E ratio of 26.76 and a beta of 0.92. The company has a 50 day simple moving average of $83.94 and a two-hundred day simple moving average of $95.22.

Turning Point Brands (NYSE:TPB – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.08. Turning Point Brands had a net margin of 11.53% and a return on equity of 16.54%. The business had revenue of $124.28 million for the quarter, compared to analysts’ expectations of $115.67 million. During the same quarter last year, the company posted $0.91 EPS. The company’s revenue was up 16.8% compared to the same quarter last year. On average, research analysts expect that Turning Point Brands will post 1.39 earnings per share for the current year.

Turning Point Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 19th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 18th. Turning Point Brands’s payout ratio is 10.88%.

Insider Buying and Selling at Turning Point Brands

In related news, CAO Brian Wigginton sold 4,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $91.67, for a total transaction of $366,680.00. Following the completion of the transaction, the chief accounting officer directly owned 9,230 shares of the company’s stock, valued at approximately $846,114.10. This trade represents a 30.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 5.40% of the company’s stock.

Institutional Investors Weigh In On Turning Point Brands

A number of hedge funds have recently made changes to their positions in the company. Kemnay Advisory Services Inc. purchased a new position in Turning Point Brands during the 4th quarter valued at approximately $27,000. Empowered Funds LLC bought a new stake in Turning Point Brands in the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd bought a new stake in Turning Point Brands in the third quarter worth $28,000. Advisory Services Network LLC purchased a new stake in Turning Point Brands during the third quarter valued at $28,000. Finally, GAMMA Investing LLC raised its stake in Turning Point Brands by 33.4% during the fourth quarter. GAMMA Investing LLC now owns 491 shares of the company’s stock valued at $53,000 after purchasing an additional 123 shares in the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

About Turning Point Brands

(Get Free Report)

Turning Point Brands, Inc (NYSE: TPB) is a U.S.-based consumer products company focused on the manufacture, marketing and distribution of smokeless tobacco, vaping and cigar products. Headquartered in Old Hickory, Tennessee, the company serves retail outlets across all 50 states through a direct-store-delivery network and select third-party distributors. Turning Point Brands operates two reporting segments—Smokeless Products and Cigar—and leverages its logistics capabilities to offer a broad portfolio of brands and SKUs.