Illinois Municipal Retirement Fund boosted its position in US Foods Holding Corp. (NYSE:USFD – Free Report) by 6.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,754 shares of the company’s stock after acquiring an additional 9,913 shares during the period. Illinois Municipal Retirement Fund owned 0.07% of US Foods worth $15,192,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in US Foods during the 3rd quarter worth about $26,000. Steph & Co. bought a new position in shares of US Foods in the 4th quarter valued at about $34,000. Nalls Sherbakoff Group LLC bought a new position in shares of US Foods in the 4th quarter valued at about $36,000. Geneos Wealth Management Inc. grew its position in shares of US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of US Foods during the 3rd quarter worth approximately $49,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
USFD has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. TD Cowen assumed coverage on shares of US Foods in a report on Tuesday, July 7th. They set a “buy” rating and a $116.00 target price for the company. JPMorgan Chase & Co. dropped their target price on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Finally, Zacks Research lowered US Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $107.00.
US Foods Stock Up 2.2%
US Foods stock opened at $99.20 on Friday. The company has a 50 day moving average of $90.85 and a 200-day moving average of $89.56. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $105.17. The stock has a market capitalization of $21.85 billion, a PE ratio of 33.40, a price-to-earnings-growth ratio of 1.24 and a beta of 0.79.
US Foods (NYSE:USFD – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts anticipate that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.
US Foods Company Profile
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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