421,754 Shares in United Natural Foods, Inc. $UNFI Purchased by Empowered Funds LLC

Empowered Funds LLC bought a new stake in United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 421,754 shares of the company’s stock, valued at approximately $19,262,000.

Other large investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. bought a new position in shares of United Natural Foods during the 4th quarter worth approximately $26,000. Global Retirement Partners LLC bought a new stake in shares of United Natural Foods in the second quarter worth $26,000. Quarry LP acquired a new position in United Natural Foods during the third quarter worth $29,000. Larson Financial Group LLC boosted its holdings in United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after purchasing an additional 768 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in United Natural Foods by 84.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after purchasing an additional 609 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

Insider Transactions at United Natural Foods

In other news, insider Mark Bushway sold 10,000 shares of the firm’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 completion of the sale, the insider directly owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UNFI. UBS Group lifted their price target on shares of United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $47.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $47.86.

United Natural Foods Stock Performance

Shares of UNFI opened at $45.99 on Friday. The firm has a 50-day moving average of $48.31 and a 200-day moving average of $46.63. United Natural Foods, Inc. has a one year low of $27.63 and a one year high of $57.02. The company has a market cap of $2.78 billion, a PE ratio of -69.68 and a beta of 0.84. 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 (NYSE:UNFI) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The firm had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, equities analysts forecast that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

United Natural Foods 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.