Steinberganna Wealth Management Makes New $626,000 Investment in United Natural Foods, Inc. $UNFI

Steinberganna Wealth Management bought a new stake in United Natural Foods, Inc. (NYSE:UNFI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,650 shares of the company’s stock, valued at approximately $626,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new position in United Natural Foods during the fourth quarter worth $656,000. Highland Capital Management LLC purchased a new position in shares of United Natural Foods in the second quarter valued at $228,000. Wedge Capital Management L L P NC purchased a new position in shares of United Natural Foods in the third quarter valued at $2,588,000. Jefferies Financial Group Inc. acquired a new position in shares of United Natural Foods during the 2nd quarter worth $442,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of United Natural Foods in the 2nd quarter worth about $364,000. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Stock Down 0.9%

Shares of NYSE UNFI opened at $33.01 on Friday. The firm has a market cap of $2.01 billion, a P/E ratio of -19.89 and a beta of 0.86. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.50 and a current ratio of 1.38. United Natural Foods, Inc. has a 1 year low of $20.78 and a 1 year high of $43.29. The firm’s 50 day moving average price is $35.10 and its 200 day moving average price is $31.88.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.17. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. During the same period in the previous year, the firm posted $0.16 EPS. United Natural Foods’s revenue was down .4% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. As a group, sell-side analysts anticipate that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

UNFI has been the subject of several recent research reports. Roth Capital restated a “neutral” rating and set a $35.00 target price on shares of United Natural Foods in a report on Thursday, December 11th. Zacks Research upgraded shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. The Goldman Sachs Group lifted their price objective on United Natural Foods from $29.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. UBS Group upped their target price on United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Finally, Jefferies Financial Group raised their price target on United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $38.78.

Insider Buying and Selling

In related news, Director James C. Pappas acquired 15,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was bought at an average price of $33.76 per share, with a total value of $506,400.00. Following the purchase, the director directly owned 192,178 shares in the company, valued at $6,487,929.28. The trade was a 8.47% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Richard Eric Esper sold 4,261 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $33.08, for a total transaction of $140,953.88. Following the transaction, the chief accounting officer owned 37,369 shares in the company, valued at approximately $1,236,166.52. The trade was a 10.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.40% of the stock is currently owned by company 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.