<div id="readability-page-1"><p>Seneca Foods (NASDAQ:SENEA - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $3.46 earnings per share (EPS) for the quarter, Zacks reports. Seneca Foods had a net margin of 2.76% and a return on equity of 10.07%.</p><h2>Seneca Foods Stock Down 1.7%</h2><p>Shares of Seneca Foods stock traded down $1.75 during midday trading on Wednesday, hitting $101.18. The company had a trading volume of 42,596 shares, compared to its average volume of 46,756. Seneca Foods has a 52-week low of $63.40 and a 52-week high of $124.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 4.11. The stock has a market capitalization of $694.50 million, a P/E ratio of 16.24 and a beta of 0.19. The company has a 50 day moving average of $111.08 and a 200 day moving average of $101.99. </p><h2>Institutional Investors Weigh In On Seneca Foods</h2><p>Hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming increased its holdings in shares of  Seneca Foods by 102.3% during the second quarter. State of Wyoming now owns 3,718 shares of the company's stock valued at $377,000 after acquiring an additional 1,880 shares in the last quarter.  Tidal Investments LLC boosted its stake in  Seneca Foods by 29.7% in the 2nd quarter. Tidal Investments LLC now owns 4,225 shares of the company's stock worth $429,000 after purchasing an additional 967 shares in the last quarter.  Oxford Asset Management LLP purchased a new stake in  Seneca Foods during the 2nd quarter valued at about $226,000.  Man Group plc bought a new stake in  Seneca Foods during the 2nd quarter valued at about $817,000.  Finally, Lazard Asset Management LLC increased its stake in  Seneca Foods by 16.6% during the 2nd quarter. Lazard Asset Management LLC now owns 14,074 shares of the company's stock valued at $1,427,000 after purchasing an additional 2,005 shares in the last quarter. 42.51% of the stock is owned by institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research firms have weighed in on SENEA. Wall Street Zen downgraded Seneca Foods from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, August 9th. Weiss Ratings lowered Seneca Foods from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research report on Saturday, October 25th. One research analyst  has rated the stock with a Hold rating,  According to MarketBeat, Seneca Foods currently has a consensus rating of &#34;Hold&#34;.</p><p><b>Read Our Latest Stock Analysis on SENEA</b></p><h2>Seneca Foods Company Profile</h2> (Get Free Report)<p>Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Seneca Foods</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>Why Vertical Aerospace Stock Could Double After This Flight Test</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>Amazon: Breakout Confirmed—Here’s Where It Could Go Next</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>AI Stocks Are Surging—But Volatility Could Be the Next Big Test</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VORUE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0VORUE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Seneca Foods Right Now?</h2><p>Before you consider Seneca Foods, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seneca Foods wasn't on the list.</p><p>While Seneca Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SENEB

SENEA

<p>Seneca Foods (NASDAQ:SENEA) reported quarterly earnings of $3.46 per share, with a net margin of 2.76% and a return on equity of 10.07%. The stock fell 1.7% to $101.18, with a market cap of $694.50 million. Institutional investors hold 42.51% of the stock. Analysts have downgraded the stock to a "hold" rating, with a consensus rating of "hold". The company provides packaged fruits and vegetables under various brands.</p>

Seneca Foods (NASDAQ:SENEA) Releases Quarterly Earnings Results