In this article, we will discuss the 10 Best Mid Cap FMCG Stocks to Buy Now.
At the start of 2025, cautious optimism supported expectations for a steady recovery in deal activity in the broader consumer markets, according to PwC. However, continuous inflationary pressure, higher-than-expected long-term interest rates, as well as uncertainty related to tariffs, weakened the investor conviction and consumer sentiment. Therefore, overall M&A activity in the sector is subdued, added PwC.
What’s Next for Consumer Markets?
In the 2025 mid-year outlook, PwC noted that the food and beverages sector is resilient, amidst continued interest from corporates and PE. Notably, the changing consumer preferences, ESG-driven regulatory pressures, and higher commodity costs continue to influence industries and drive reconfigurations throughout value chains.
Furthermore, PwC expects that geographic expansion and market consolidation can continue to drive significant M&A activity in the broader grocery retail sector. Also, the personal care sector has remained dynamic due to a combination of PE interest and corporate-led consolidation, added PwC. Moving forward, the firm expects sustained investor interest in the personal care sector, thanks to the strong pipeline of transactions through the remainder of 2025 and in 2026.
Amidst such trends, we will now have a look at the 10 Best Mid Cap FMCG Stocks to Buy Now.
A retail employee stocking shelves with consumer packaged goods/manufacturing products.
Our Methodology
To list the 10 Best Mid Cap FMCG Stocks to Buy Now, we used a screener to shortlist the stocks catering to the broader FMCG space. Next, we narrowed our list to the ones belonging to the mid-cap category. Finally, we chose the ones popular among hedge funds. The stocks were arranged in ascending order of their hedge fund sentiment, as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best Mid Cap FMCG Stocks to Buy Now
10. Interparfums, Inc. (NASDAQ:IPAR)
Market Cap as of July 21: $4.26 billion
Number of Hedge Fund Holders: 17
Interparfums, Inc. (NASDAQ:IPAR) is one of the Best Mid Cap FMCG Stocks to Buy Now. Analyst Susan Anderson from Canaccord Genuity maintained a “Buy” rating on the company’s stock, while keeping the price objective of $168.00. The analyst’s rating is backed by several compelling factors demonstrating Interparfums, Inc. (NASDAQ:IPAR)’s growth and strategic positioning. Its management remains optimistic regarding the short-term and long-term prospects, as the company continues to execute effective brand-building strategies.
Additionally, Interparfums, Inc. (NASDAQ:IPAR)’s asset-light licensing model enables it for operational flexibility and agility, which remains important in the broader fast-growing fragrance market. The emphasis on prestige fragrances and partnerships with brands possessing strong growth potential further strengthens the position. Considering that the fragrance category continues to experience strong growth, mainly in critical markets such as the US and Asia, Interparfums, Inc. (NASDAQ:IPAR) remains well-placed to benefit from such favorable market dynamics.
Interparfums, Inc. (NASDAQ:IPAR) has reaffirmed its 2025 guidance of net sales of $1.51 billion and earnings per diluted share of $5.35, reflecting 4% growth for both metrics.
Interparfums, Inc. (NASDAQ:IPAR) is a leading player in the broader FMCG space since it produces and distributes branded fragrances and personal care products which are frequently purchased, non-durable as well as available via global retail channels.
9. PriceSmart, Inc. (NASDAQ:PSMT)
Market Cap as of July 21: $3.33 billion
Number of Hedge Fund Holders: 20
PriceSmart, Inc. (NASDAQ:PSMT) is one of the Best Mid Cap FMCG Stocks to Buy Now. The company announced results for the fiscal Q3 2025, wherein its total revenues rose 7.1% to $1.32 billion compared to $1.23 billion in the comparable period of the previous year, with net merchandise sales rising 8.0% YoY to $1.29 billion. PriceSmart, Inc. (NASDAQ:PSMT) has been pursuing opportunities to add new warehouse clubs in the current markets and to assess opportunities in the new markets. Primarily, it is presently evaluating Chile as a potential new market for multiple PriceSmart warehouse clubs.
PriceSmart, Inc. (NASDAQ:PSMT) continues to strengthen its distribution and logistics infrastructure. It operates major distribution centers in Miami, Costa Rica, and Panama. In FY 2026, the company plans to upgrade its Panama DC to support coal products and to open new DCs in Guatemala, Trinidad, and the Dominican Republic. Such local facilities can improve product availability, reduce lead times, and lower landed costs. PriceSmart, Inc. (NASDAQ:PSMT) also highlighted that with international trade becoming more complex, its free trade zone operations in the US and Costa Rica offer a strategic advantage by enabling to consolidate and export goods without duties or tariffs.
PriceSmart, Inc. (NASDAQ:PSMT) continues to pursue strategies like supply chain diversification, expanded offshore consolidation, and increased free trade zone utilization to improve efficiency and offset increased costs.
PriceSmart, Inc. (NASDAQ:PSMT) is a membership-based warehouse club retailer selling a wide range of FMCGs like food, beverages, and household items in bulk.
8. National Beverage Corp. (NASDAQ:FIZZ)
Market Cap as of July 21: $4.35 billion
Number of Hedge Fund Holders: 20
National Beverage Corp. (NASDAQ:FIZZ) is one of the Best Mid Cap FMCG Stocks to Buy Now. UBS lifted the price target on the company’s stock to $45 from $42, while keeping a “Sell’’ rating. As per the firm analyst, National Beverage Corp. (NASDAQ:FIZZ)’s Q4 2025 top line was better than feared, but margins might be more challenged. Furthermore, the firm remains encouraged by management’s commentary that volume performance was robust quarter-to-date. However, UBS believes that investors are likely to take a wait-and-see approach and will check for more concrete signs in the data pointing to a sustained inflection. In Q4 2025, the company’s net sales rose 5.5% to $314 million.
National Beverage Corp. (NASDAQ:FIZZ)’s net sales, operating profit, and net income touched record highs, with both Power + Brands and carbonated soft drinks reporting volume increases. LaCroix’s new variants- Sunshine, Cherry Lime, and Blackberry Cucumber- began shipping in Q4 2025, offering a growth stimulus amidst a tough consumer environment. The company’s net sales for FY 2025 rose 0.8% to $1,201.4 million compared to $1,191.7 million for FY 2024. The rise in sales was mainly because of a 1.7% rise in average selling price per case and an additional selling week, partially mitigated by a 0.9% decline in case volume.
National Beverage Corp. (NASDAQ:FIZZ)’s gross profit for FY 2025 increased to $443.9 million as compared to $428.5 million for FY 2024. This was mainly because of a decline in packaging costs and higher average selling price per case.
National Beverage Corp. (NASDAQ:FIZZ) develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks.
7. Coty Inc. (NYSE:COTY)
Market Cap as of July 21: $4.37 billion
Number of Hedge Fund Holders: 29
Coty Inc. (NYSE:COTY) is one of the Best Mid Cap FMCG Stocks to Buy Now. Analyst Filippo Falorni of Citi reiterated a “Buy” rating on the company’s stock, while retaining the price objective of $6.50. The analyst’s rating is backed by a combination of factors demonstrating a favourable outlook for the company’s stock. One of the critical reasons is the potential for M&As, with Coty Inc. (NYSE:COTY) reportedly being in discussions to sell parts of its Prestige and Consumer Beauty businesses. This sale can unlock significant value, given the company’s progress in reducing its debt and the possibility of monetizing the stake in Wella.
Coty Inc. (NYSE:COTY)’s strong fundamentals, along with its multi-pronged plan for accelerating innovation, distribution, and efficiencies, provide confidence. Coty Inc. (NYSE:COTY) is focused on entering FY 2026 with alignment between sell-in and sell-out in order to create a healthy baseline for growth. Coty Inc. (NYSE:COTY) stated that CY 2026 debt maturities of ~$1.1 billion can be addressed via either refinancing, seasonal FCF at CYE and/or revolver, with available liquidity at Q3 2025 end coming at $1.8 billion.
Meridian Funds, managed by ArrowMark Partners, released its Q4 2024 investor letter. Here is what the fund said:
“Coty Inc. (NYSE:COTY) is a global beauty company with a growing portfolio of prestige and consumer brands. We hold Coty for its transformation potential through strategic investments in brand development and expansion within high-growth beauty markets. Performance this quarter was impacted by broader retail headwinds, as distributors in the U.S., Australia, and Asian retail channels maintained cautious inventory positions. Weak sales in China further pressured results. Despite these challenges, management implemented cost-saving measures to protect margins while maintaining strategic growth initiatives. We anticipate sales momentum to reaccelerate, supported by holiday season performance and continued expansion of the prestige portfolio.”
6. The Campbell’s Company (NASDAQ:CPB)
Market Cap as of July 21: $9.17 billion
Number of Hedge Fund Holders: 30
The Campbell’s Company (NASDAQ:CPB) is one of the Best Mid Cap FMCG Stocks to Buy Now. Piper Sandler reduced the price objective on the company’s stock to $35 from $41, while keeping an
“Overweight” rating on the shares, as reported by The Fly. The firm has updated its estimates for 2026 headwinds, mainly tariffs, which could impact the EPS. However, the firm believes that M&B (Meals & Beverages)’s sustainable momentum is expected to continue in 2026, but The Campbell’s Company (NASDAQ:CPB) also has tough comparable sales.
The Campbell’s Company (NASDAQ:CPB) delivered strong Q3 2025 results, which surpassed expectations, partially because of favorable shipment timing. In Meals & Beverages, the company continues to see improvement in consumption throughout all consumer income groups. In Snacks, there was a mixed performance across the portfolio. While The Campbell’s Company (NASDAQ:CPB) is benefiting from some robust innovation launches, it continues to adjust its plans to ensure competitiveness across the full brand portfolio. Overall, its performance showcased healthy execution and disciplined cost management.
As of the end of Q3 2025, The Campbell’s Company (NASDAQ:CPB) delivered ~$110 million of savings under the $250 million cost savings program, which was announced in September 2024.
The Campbell’s Company (NASDAQ:CPB) manufactures and markets food and beverage products.
5. Post Holdings, Inc. (NYSE:POST)
Market Cap as of July 21: $5.94 billion
Number of Hedge Fund Holders: 30
Post Holdings, Inc. (NYSE:POST) is one of the Best Mid Cap FMCG Stocks to Buy Now. Wells Fargo reduced the price target on the company’s stock to $117 from $120, while keeping an “Equal Weight” rating, as reported by The Fly. The firm has been aggregating models throughout Beverage/Food/HPC and is updating price targets. The firm noted that this is approximately in line with the current NTM trading EV/EBITDA. However, it is just below the 3/5 year historical averages of 9.9x/10.2x as a result of category headwinds and leverage exposure.
Post Holdings, Inc. (NYSE:POST) announced that it has completed the acquisition of 8th Avenue Food & Provisions, Inc. With this acquisition, Post Holdings, Inc. (NYSE:POST) enhanced its strategy of tactical private label positioning alongside leading brands. This acquisition internalizes the manufacturing of Post Holdings, Inc. (NYSE:POST)’s Peter Pan® peanut butter, representing the company’s entry into the dry pasta category with leading brand Ronzoni®, and allows increased participation in the growing granola sub-category of ready-to-eat cereal.
With respect to Foodservice, for Q2 2025, net sales came in at $607.9 million, reflecting a rise of 9.6%, or $53.1 million, as compared to the prior-year period. Volumes went up by 2.8%, thanks to the inclusion of ready-to-drink shakes in the current-year period, partially offset by declines in egg and potato volumes.
Post Holdings, Inc. (NYSE:POST) operates as a consumer-packaged goods holding company.
4. Cal-Maine Foods, Inc. (NASDAQ:CALM)
Market Cap as of July 21: $5.14 billion
Number of Hedge Fund Holders: 33
Cal-Maine Foods, Inc. (NASDAQ:CALM) is one of the Best Mid Cap FMCG Stocks to Buy Now. Benjamin Mayhew from BMO Capital maintained a “Hold” rating on the company’s stock, with a price objective of $100.00. Despite the potential for increased earnings through FY 2026, thanks to the Echo Lake Foods acquisition and lower feed costs, the analyst believes that the risk/reward profile seems to be balanced. Furthermore, while Cal-Maine Foods, Inc. (NASDAQ:CALM) remains well-placed to grow its specialty and value-added product mix and improve shareholder returns, the analyst highlighted that the overall market conditions reflect a cautious approach.
Cal-Maine Foods, Inc. (NASDAQ:CALM) has announced the closing of its acquisition of Echo Lake Foods. This acquisition enables Cal-Maine Foods, Inc. (NASDAQ:CALM) to enter the large, growing, and highly stable value-added food portion of the egg category. Furthermore, it expands strategic customer relationships with retail, quick service restaurants, as well as other food service customers. The addition of Echo Lake Foods advances Cal-Maine Foods, Inc. (NASDAQ:CALM)’s stated strategy to expand and diversify the product portfolio and customer mix. The combined product lines and capabilities of the 2 companies remain highly complementary.
Cal-Maine Foods, Inc. (NASDAQ:CALM) is engaged in the production, grading, packaging, marketing, and distribution of shell eggs and egg products. Diamond Hill Capital, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:
“Other top Q4 contributors included Centrus Energy, Graham Corp and Cal-Maine Foods, Inc. (NASDAQ:CALM). Fresh egg producer Cal-Maine Foods has benefited from an avian flu outbreak, which has led to a significant supply disruption and driven egg prices to record highs, in turn raising Cal-Maine’s share price.”
3. Conagra Brands, Inc. (NYSE:CAG)
Market Cap as of July 21: $8.98 billion
Number of Hedge Fund Holders: 39
Conagra Brands, Inc. (NYSE:CAG) is one of the Best Mid Cap FMCG Stocks to Buy Now. Stifel analyst Matthew Smith reduced the price objective on the company’s stock to $21 from $26, while keeping a “Hold” rating, as reported by The Fly. Conagra Brands, Inc. (NYSE:CAG)’s EPS miss compared to estimates was due to the lower-than-expected sales and margin performance, according to the firm’s analyst. Notably, the company posted diluted EPS of $0.53 for Q4 2025, and adjusted EPS decreased 8.2% to $0.56.
Furthermore, the contraction in gross margin was due to lower sales, inflation, and negative operating leverage. These factors more than offset the increased productivity savings, opines the analyst. Conagra Brands, Inc. (NYSE:CAG)’s gross margin fell 228 bps to 25.4% in Q4 2025, and adjusted gross margin declined 184 bps to 25.8%. In FY 2026, Conagra Brands, Inc. (NYSE:CAG) expects elevated inflation and macroeconomic uncertainty to persist. However, it is focused on proactively managing the business through investments in its high-potential frozen and snacks domains, prioritizing volume strength, and further enhancing the supply chain resiliency, while at the same time, maintaining disciplined cost management and emphasis on cash flow.
Conagra Brands, Inc. (NYSE:CAG) opines that such actions can enable the company to deliver sustainable growth and stronger margins over time.
Conagra Brands, Inc. (NYSE:CAG) operates as a consumer-packaged goods food company.
2. Darling Ingredients Inc. (NYSE:DAR)
Market Cap as of July 21: $5.70 billion
Number of Hedge Fund Holders: 47
Darling Ingredients Inc. (NYSE:DAR) is one of the Best Mid Cap FMCG Stocks to Buy Now. Jefferies lifted the price target on the company’s stock to $46 from $45, while keeping a “Buy” rating, as reported by The Fly. As per the firm, Street estimates for Q2 2025 are high, and it anticipates them to trend lower. However, it also sees upside to the estimates for H2 and remains constructive, with macro conditions beginning to improve, opines the firm analyst. Amidst the broader challenges witnessed by the biofuel industry during H1 2025, Darling Ingredients Inc. (NYSE:DAR)’s core business performed well, leading to the overall positive cash flow and showcasing stability in a volatile business environment.
Darling Ingredients Inc. (NYSE:DAR) highlighted that the positive narrative related to renewable fuels public policy appears to be encouraging, which has been fueling strong market demand for domestic fats. The company expects its core business to continue to perform well, generating cash and allowing it to continue to de-lever the balance sheet and opportunistically repurchase shares. The net cash provided by operating activities amounted to $248.9 million.
Darling Ingredients Inc. (NYSE:DAR) has announced that it has signed a non-binding term sheet with Tessenderlo Group to combine the collagen and gelatin segments of their companies in a new company named Nextida™. The partnership focuses on creating a top-tier, collagen-based health, wellness, and nutrition products company positioned to capitalize on global collagen growth.
Riverwater Partners, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:
“Darling Ingredients Inc. (NYSE:DAR) is a global leader in the production of sustainable ingredients derived from animal by-products, food waste, and other organic residuals. The company operates in three segments: Feed, Food, and Fuel. It has significant exposure to renewable energy through its Diamond Green Diesel JV with Valero Energy Corporation (VLO), which produces renewable diesel and sustainable aviation fuel. This business should start to see a significant ramp in 2025. Darling’s vertically integrated operations support the circular economy, focusing on reducing waste and creating value-added products like biofuels, collagen, and specialty food ingredients. Darling trades for 11x Wall Street’s 2025 earnings estimate.”
Darling Ingredients Inc. (NYSE:DAR) supports the FMCG industries as it supplies critical raw materials utilised in food, cosmetics, and household products.
1. Lamb Weston Holdings, Inc. (NYSE:LW)
Market Cap as of July 21: $6.79 billion
Number of Hedge Fund Holders: 51
Lamb Weston Holdings, Inc. (NYSE:LW) is one of the Best Mid Cap FMCG Stocks to Buy Now. Wells Fargo reduced the target price on the company’s stock to $65 from $70, while keeping an “Overweight” rating, as reported by The Fly. The firm is aggregating models throughout Beverage/Food/HPC and updating the price targets. Notably, the firm highlighted that its target price to earnings is the discount to historical trading ranges, considering the limited near-term volume visibility.
Lamb Weston Holdings, Inc. (NYSE:LW) has engaged AlixPartners, which is a leading global business advisory firm, to help it evaluate opportunities for near- and long-term value creation and cost savings. In the in-home consumption space, Lamb Weston Holdings, Inc. (NYSE:LW) recently rolled out new private-label products throughout the grocery and club channels. Overall, the company remains focused on identifying new and growing customers to fuel long-term sustainable growth in its business.
In North America, Lamb Weston Holdings, Inc. (NYSE:LW) launched new battered and seasoned products, and fridge-friendly fries and tots, improving its addressable market. In the North America retail channel, the company has expanded its licensed brand portfolio to include Onion Rings and Cheesy Potato Bites.
Lamb Weston Holdings, Inc. (NYSE:LW) is engaged in the production, distribution, and marketing of frozen potato products.
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