SCHEDULE 13G/A: T. Rowe Price Investment Management Discloses 1.7% Stake in UTZ Brands Inc.

T. Rowe Price Investment Management, Inc. has filed an amended Schedule 13G, disclosing a 1.7% beneficial ownership stake in UTZ Brands Inc., holding 1,487,374 shares of common stock as of March 31, 2025.

Summary

• T. Rowe Price Investment Management, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in UTZ BRANDS INC common stock.
• As of March 31, 2025, T. Rowe Price Investment Management, Inc. beneficially owns 1,487,374 shares of UTZ Brands Inc. common stock.
• This ownership represents 1.7% of the total class of UTZ Brands Inc. common stock.
• T. Rowe Price Investment Management, Inc. holds sole voting power and sole dispositive power over all 1,487,374 shares.
• The securities were acquired and are held in the ordinary course of business, and not for the purpose or effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G) by an institutional investor, T. Rowe Price Investment Management, Inc., indicating a passive stake of 1.7% in UTZ Brands Inc. It contains no positive or negative operational or financial news about the issuer, making its sentiment neutral.

Positives

• A major institutional investment firm, T. Rowe Price Investment Management, Inc., maintains a stake in UTZ Brands Inc., which can be interpreted as a sign of continued confidence in the company's long-term prospects.

Future Outlook

This Schedule 13G filing does not provide any forward-looking statements or guidance regarding UTZ Brands Inc.'s future outlook.

Management Comments

• T. Rowe Price Investment Management, Inc. certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
• T. Rowe Price Investment Management, Inc. declared that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities, which beneficial ownership is expressly denied.

Industry Context

This filing is a routine disclosure by an institutional investment manager, T. Rowe Price Investment Management, Inc., regarding its passive beneficial ownership stake in UTZ Brands Inc. It reflects standard portfolio management activities within the investment management industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding institutional ownership, potentially signaling institutional confidence.

Key Dates

Recommendation

Keywords

UTZ Brands Inc, T. Rowe Price Investment Management, Schedule 13G, Common Stock, Beneficial Ownership, SEC Filing, Investment Management