Turning Point Brands (TPB)

• Market cap: $1.78B
• 1 day: 1.83%
• 5 days: 2.11%
• 1 month: 26.99%
• 3 months: 34.72%
• 6 months: 43.57%
• Year to date: 63.15%
• 1 year: 152.94%
• 5 years: 246.95%
• 10 years: 877.77%
• Sector: Consumer Staples
• Industry: Tobacco

About: Turning Point Brands Inc operates as manufacturer, marketer, provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.

Employees: 310

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

2,433% more call options, than puts

Call options by funds: $38.4M | Put options by funds: $1.52M

39% more capital invested

Capital invested by funds: $918M [Q1] → $1.27B (+$356M) [Q2]

29% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 58

7.47% more ownership

Funds ownership: 86.44% [Q1] → 93.92% (+7.47%) [Q2]

6% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 33

0% more funds holding in top 10

Funds holding in top 10: 10 [Q1] → 10 (+0) [Q2]

0% less funds holding

Funds holding: 206 [Q1] → 205 (-1) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $98 1% downside
• Avg. target: $98 1% downside
• High target: $98 1% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Oppenheimer Ian Zaffino

1% downside $98

Outperform Maintained

7 Aug 2025