Empowered Funds LLC Purchases 86,605 Shares of United Natural Foods, Inc. $UNFI

Empowered Funds LLC boosted its position in shares of United Natural Foods, Inc. (NYSE:UNFIFree Report) by 25.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 433,634 shares of the company’s stock after purchasing an additional 86,605 shares during the quarter. Empowered Funds LLC’s holdings in United Natural Foods were worth $19,540,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UNFI. Quantinno Capital Management LP grew its holdings in shares of United Natural Foods by 293.0% in the 1st quarter. Quantinno Capital Management LP now owns 64,514 shares of the company’s stock valued at $2,907,000 after buying an additional 48,099 shares during the period. JCP Investment Management LLC increased its position in shares of United Natural Foods by 6.7% in the 1st quarter. JCP Investment Management LLC now owns 494,371 shares of the company’s stock valued at $22,276,000 after buying an additional 31,071 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in United Natural Foods during the 1st quarter worth $225,000. Entropy Technologies LP acquired a new stake in United Natural Foods during the 1st quarter worth $261,000. Finally, Caxton Associates LLP lifted its holdings in United Natural Foods by 1.1% during the first quarter. Caxton Associates LLP now owns 48,687 shares of the company’s stock worth $2,194,000 after acquiring an additional 532 shares in the last quarter. Institutional investors own 87.63% of the company’s stock.

Insider Transactions at United Natural Foods

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the sale, the insider owned 51,119 shares in the company, valued at approximately $2,635,695.64. The trade was a 16.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This trade represents a 4.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on UNFI shares. BMO Capital Markets reissued an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. Roth Capital reiterated a “neutral” rating and set a $43.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. UBS Group boosted their price objective on United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Finally, Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and a consensus price target of $47.86.

Check Out Our Latest Report on United Natural Foods

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $50.81 on Wednesday. The firm has a market cap of $3.08 billion, a PE ratio of -76.99 and a beta of 0.83. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04. United Natural Foods, Inc. has a 1-year low of $24.88 and a 1-year high of $57.02. The company has a fifty day moving average price of $49.68 and a 200 day moving average price of $44.80.

United Natural Foods (NYSE:UNFIGet Free Report) last released its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The firm had revenue of $7.72 billion for the quarter, compared to the consensus estimate 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 quarter last year, the company posted $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Research analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

About United Natural Foods

(Free Report)

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.

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Institutional Ownership by Quarter for United Natural Foods (NYSE:UNFI)

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