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Turning Point Brands Sees Strong Growth Despite Stake Cuts

9/14/2025

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Summary

Story summary

AQR Capital Management cut its stake in Turning Point Brands (TPB) by 22.2%, now holding 82,804 shares worth $4.92 million.
Institutional investors like Virtus Fund Advisers, Sunbelt Securities, and ProShare Advisors made new investments.
Zacks Research upgraded TPB to “strong-buy,” while Oppenheimer increased its price target from $85 to $98.
TPB reported Q2 earnings of $0.98 EPS and revenue of $116.63 million, a 25.1% increase year-over-year.
The company announced a quarterly dividend of $0.075 per share, payable on October 10.

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Story summary

AQR Capital Management cut its stake in Turning Point Brands (TPB) by 22.2%, now holding 82,804 shares worth $4.92 million.
Institutional investors like Virtus Fund Advisers, Sunbelt Securities, and ProShare Advisors made new investments.
Zacks Research upgraded TPB to “strong-buy,” while Oppenheimer increased its price target from $85 to $98.
TPB reported Q2 earnings of $0.98 EPS and revenue of $116.63 million, a 25.1% increase year-over-year.
The company announced a quarterly dividend of $0.075 per share, payable on October 10.