SCHEDULE 13G/A: Aristotle Capital Boston Discloses 4.63% Passive Stake in 1-800 FLOWERS.COM, INC.

Aristotle Capital Boston, LLC has filed an amended Schedule 13G, reporting a beneficial ownership of 4.63% of 1-800 FLOWERS.COM, INC.'s Class A Common Stock as of December 31, 2024.

Summary

• Aristotle Capital Boston, LLC reported beneficial ownership of 1,690,604 shares of 1-800 FLOWERS.COM, INC. Class A Common Stock.
• This represents 4.63% of the total Class A Common Stock outstanding.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to their previously reported ownership.
• Aristotle Capital Boston, LLC, an investment adviser, holds these shares on behalf of various investment advisory clients.
• The firm has sole voting power over 1,487,956 shares and sole dispositive power over 1,690,604 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing is a routine disclosure of a passive stake by an institutional investor, which is generally a positive sign of continued institutional interest. It contains no negative news about the company itself.

Positives

• A significant institutional investor, Aristotle Capital Boston, LLC, maintains a substantial stake in 1-800 FLOWERS.COM, INC., indicating continued institutional interest.
• The filing confirms the shares are held for investment purposes in the ordinary course of business, not for activist or control-related intentions, which suggests a stable, long-term investment perspective.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future outlook.

Management Comments

• The filing includes a certification by Michelle M. Gosom, Chief Compliance Officer of Aristotle Capital Boston, LLC, stating that "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing reflects a routine disclosure of an institutional investor's passive stake in a publicly traded company within the e-commerce and gifting industry. It indicates continued institutional interest in 1-800 FLOWERS.COM, INC., a key player in its sector.

Comparison to Industry Standards

• As a Schedule 13G filing, this document primarily serves as a regulatory disclosure of ownership and does not provide financial or operational results for comparison to industry standards.
• It simply reports the beneficial ownership percentage of 4.63% by Aristotle Capital Boston, LLC, which is below the 5% threshold that would typically trigger more detailed reporting (Schedule 13D) if the intent were activist.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, potentially reinforcing confidence.
• Management: Awareness of a large passive institutional investor.

Key Dates

Keywords

1-800 FLOWERS.COM, FLWS, Aristotle Capital Boston, Schedule 13G, beneficial ownership, institutional ownership, Class A Common Stock, investment adviser, SEC filing