JPMorgan Chase & Co. Sells 9,677 Shares of UFP Industries, Inc. $UFPI

JPMorgan Chase & Co. trimmed its holdings in shares of UFP Industries, Inc. (NASDAQ:UFPI) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 494,721 shares of the construction company’s stock after selling 9,677 shares during the period. JPMorgan Chase & Co.’s holdings in UFP Industries were worth $46,252,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. AlphaQuest LLC boosted its holdings in UFP Industries by 822.7% during the 3rd quarter. AlphaQuest LLC now owns 8,480 shares of the construction company’s stock valued at $793,000 after acquiring an additional 7,561 shares during the period. Caxton Associates LLP purchased a new position in UFP Industries in the 2nd quarter worth approximately $1,099,000. New York State Common Retirement Fund increased its stake in UFP Industries by 117.5% in the 3rd quarter. New York State Common Retirement Fund now owns 86,589 shares of the construction company’s stock worth $8,095,000 after purchasing an additional 46,775 shares during the period. Deprince Race & Zollo Inc. bought a new stake in UFP Industries in the third quarter valued at approximately $41,962,000. Finally, Charles Schwab Investment Management Inc. lifted its position in UFP Industries by 2.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 790,648 shares of the construction company’s stock valued at $78,559,000 after purchasing an additional 20,387 shares during the last quarter. 81.81% of the stock is owned by institutional investors.

UFP Industries News Summary

Here are the key news stories impacting UFP Industries this week:

• Positive Sentiment: ProWood (UFP’s pressure‑treated lumber business) announced a strategic partnership with the National Hispanic Construction Alliance to support training and recruiting for homebuilders — a longer‑term demand/support initiative that could help address labor shortages and steady product demand. ProWood NHCA Partnership
• Neutral Sentiment: Commentary pieces are reassessing UFPI’s valuation after the pullback — some investors view the drop as a buying opportunity while others point to margin and top‑line pressure; this debate may slow but not reverse selling until clearer evidence of earnings recovery appears. Assessing UFPI Valuation
• Negative Sentiment: Zacks Research downgraded UFPI (reportedly from “Hold” to “Strong Sell”) and has repeatedly trimmed quarterly and multi‑year EPS forecasts — a direct negative catalyst that pressured the stock as investors lower expectations for near‑term earnings. Zacks Downgrade / Coverage
• Negative Sentiment: Zacks’ detailed cuts include modest downgrades to Q1–Q4 and FY2026–FY2028 EPS (examples: FY2026 to $5.21 from $5.25; FY2027 to $5.88 from $5.91; FY2028 to $6.64 from $6.68; Q1 2026 to $1.18 from $1.21) — these sequential trims signal lowered analyst conviction in a near‑term rebound. Zacks Research Comments on FY2026 Earnings
• Negative Sentiment: Several sell‑side analysts have recut price targets and narratives (coverage summary published) highlighting weaker revenue and margin visibility after the recent earnings miss — this coordinated reappraisal is amplifying downside pressure. Analysts Recut Price Targets

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of UFP Industries in a research note on Tuesday, January 27th. DA Davidson lowered their price target on shares of UFP Industries from $112.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Stifel Nicolaus set a $98.00 price target on shares of UFP Industries in a research report on Tuesday, December 2nd. Finally, Zacks Research lowered shares of UFP Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $106.67.

UFP Industries Stock Performance

UFP Industries stock opened at $86.78 on Friday. UFP Industries, Inc. has a fifty-two week low of $84.82 and a fifty-two week high of $118.00. The stock’s 50 day simple moving average is $103.58 and its two-hundred day simple moving average is $96.80. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.13 and a current ratio of 4.59. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 17.39 and a beta of 1.48.

UFP Industries (NASDAQ:UFPI) last announced its earnings results on Monday, February 23rd. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.33). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.40 billion. UFP Industries had a return on equity of 9.27% and a net margin of 4.66%.The firm’s revenue was down 9.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.12 EPS. As a group, analysts expect that UFP Industries, Inc. will post 7.08 earnings per share for the current fiscal year.

UFP Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.7%. This is a positive change from UFP Industries’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, March 2nd. UFP Industries’s dividend payout ratio is currently 28.86%.

About UFP Industries

UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.

With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.