Osterweis Capital Management Inc. Takes Position in US Foods Holding Corp. $USFD

Osterweis Capital Management Inc. purchased a new stake in shares of US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 353,146 shares of the company’s stock, valued at approximately $36,109,000. US Foods accounts for approximately 1.7% of Osterweis Capital Management Inc.’s holdings, making the stock its 17th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock worth $9,722,000 after acquiring an additional 68,567 shares during the period. Empowered Funds LLC purchased a new position in shares of US Foods in the 1st quarter valued at approximately $359,000. Sivia Capital Partners LLC purchased a new position in shares of US Foods in the 2nd quarter valued at approximately $526,000. Brown Advisory Inc. bought a new stake in shares of US Foods during the second quarter valued at approximately $252,000. Finally, Cerity Partners LLC boosted its position in shares of US Foods by 20.5% during the second quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock valued at $3,695,000 after purchasing an additional 8,162 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Stock Performance

Shares of USFD opened at $109.39 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. The stock has a market cap of $23.66 billion, a P/E ratio of 33.66, a P/E/G ratio of 1.39 and a beta of 0.81. The business’s 50 day moving average price is $101.28 and its 200-day moving average price is $93.96. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $111.42.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts anticipate that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on USFD shares. Citigroup increased their price objective on US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. dropped their target price on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Piper Sandler upped their target price on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price target on shares of US Foods in a research note on Friday, August 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $113.92.

Insiders Place Their Bets

In other news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares of the company’s stock, valued at $10,952,883.76. The trade was a 17.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares in the company, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.74% of the company’s stock.

US Foods 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.