Corient Private Wealth LP Takes Position in United Natural Foods, Inc. $UNFI

Corient Private Wealth LP purchased a new position in United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, Holdings Channel.com reports. The firm purchased 50,672 shares of the company’s stock, valued at approximately $2,314,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in United Natural Foods during the second quarter valued at $26,000. Cullen Frost Bankers Inc. acquired a new position in United Natural Foods in the 4th quarter worth about $26,000. Quarry LP acquired a new position in United Natural Foods in the 3rd quarter worth about $29,000. Larson Financial Group LLC raised its stake in shares of United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after purchasing an additional 768 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of United Natural Foods during the 4th quarter valued at about $31,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on UNFI. Roth Capital restated a “neutral” rating and issued a $43.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Zacks Research downgraded shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. The Goldman Sachs Group reissued a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. BMO Capital Markets restated an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. Finally, Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, United Natural Foods has an average rating of “Hold” and a consensus price target of $47.86.

United Natural Foods Stock Down 0.4%

Shares of UNFI stock opened at $44.45 on Thursday. The stock’s 50 day simple moving average is $47.89 and its 200 day simple moving average is $46.77. United Natural Foods, Inc. has a twelve month low of $27.92 and a twelve month high of $57.02. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of -67.35 and a beta of 0.80.

United Natural Foods (NYSE:UNFI) last announced 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). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The company had revenue of $7.72 billion for the quarter, compared to the consensus estimate of $7.79 billion. During the same period in the previous year, the company earned $0.44 EPS. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts predict that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Buying and Selling 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 of the company’s stock, valued at approximately $2,635,695.64. This represents a 16.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.40% of the company’s stock.

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.