United Natural Foods, Inc. $UNFI Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in United Natural Foods, Inc. (NYSE:UNFI) by 80.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,356 shares of the company’s stock after buying an additional 27,265 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in United Natural Foods were worth $2,066,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in shares of United Natural Foods in the 4th quarter valued at about $26,000. Quarry LP acquired a new position in shares of United Natural Foods in the 3rd quarter valued at about $29,000. Larson Financial Group LLC lifted its holdings in shares of United Natural Foods by 4,266.7% in the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after buying an additional 768 shares during the period. International Assets Investment Management LLC acquired a new position in shares of United Natural Foods in the 4th quarter valued at about $31,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of United Natural Foods by 84.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after buying an additional 609 shares during the period. Institutional investors and hedge funds own 87.63% of the company’s stock.

Insider Buying and Selling at United Natural Foods

In related news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the completion of the transaction, the insider owned 98,470 shares in the company, valued at $5,120,440. This represents a 4.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is currently owned by company insiders.

United Natural Foods Trading Up 4.6%

Shares of United Natural Foods stock opened at $55.42 on Friday. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $55.87. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.52 and a current ratio of 1.33. The firm has a 50-day simple moving average of $49.01 and a two-hundred day simple moving average of $40.90. The company has a market cap of $3.37 billion, a P/E ratio of -42.63 and a beta of 0.81.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.11. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The firm had revenue of $7.95 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the firm earned $0.22 EPS. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, equities analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UNFI shares. Wells Fargo & Company upgraded shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $40.00 to $56.00 in a research report on Thursday, March 26th. BMO Capital Markets upped their price objective on shares of United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. UBS Group upped their price objective on shares of United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $43.63.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.