Invst LLC Makes New Investment in United Natural Foods, Inc. $UNFI

Invst LLC acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 19,274 shares of the company’s stock, valued at approximately $880,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in United Natural Foods in the second quarter valued at $477,650,000. State Street Corp lifted its stake in United Natural Foods by 1.0% during the fourth quarter. State Street Corp now owns 2,389,186 shares of the company’s stock worth $80,444,000 after purchasing an additional 23,967 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of United Natural Foods by 155.1% in the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock worth $78,047,000 after purchasing an additional 1,053,081 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of United Natural Foods by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 1,468,591 shares of the company’s stock worth $49,456,000 after purchasing an additional 41,674 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of United Natural Foods by 40.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock valued at $48,922,000 after purchasing an additional 374,487 shares during the last quarter. 87.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

UNFI has been the subject of a number of recent research reports. UBS Group boosted their target price on United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. BMO Capital Markets restated an “outperform” rating and issued a $56.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Zacks Research cut shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Finally, Roth Capital reaffirmed a “neutral” rating and set a $43.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $47.86.

United Natural Foods Trading Down 1.9%

Shares of UNFI stock opened at $47.61 on Wednesday. The business has a 50-day moving average of $48.54 and a 200 day moving average of $46.53. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a 1-year low of $27.21 and a 1-year high of $57.02. The stock has a market capitalization of $2.88 billion, a PE ratio of -72.14 and a beta of 0.84.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The company had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.United Natural Foods’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, sell-side analysts anticipate that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

Insider Activity at United Natural Foods

In related news, insider Mark Bushway sold 10,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the sale, the insider directly owned 51,119 shares in the company, valued at $2,635,695.64. This represents a 16.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.40% of the stock is currently owned by insiders.

United Natural Foods Company Profile

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.