United Natural Foods, Inc. $UNFI Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP grew its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 85.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,542,662 shares of the company’s stock after buying an additional 711,913 shares during the period. Wellington Management Group LLP’s holdings in United Natural Foods were worth $70,453,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new position in United Natural Foods in the fourth quarter valued at $26,000. Global Retirement Partners LLC acquired a new stake in United Natural Foods during the 2nd quarter worth approximately $26,000. Quarry LP purchased a new position in United Natural Foods in the third quarter valued at approximately $29,000. Larson Financial Group LLC lifted its position 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 valued at $30,000 after buying an additional 768 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in United Natural Foods during the fourth quarter valued at approximately $31,000. 87.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on UNFI. BMO Capital Markets reaffirmed an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Wall Street Zen downgraded United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. UBS Group boosted their price target 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. Finally, Roth Capital restated a “neutral” rating and issued a $43.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $47.86.

United Natural Foods Trading Down 0.4%

NYSE:UNFI opened at $44.45 on Thursday. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of -67.35 and a beta of 0.80. United Natural Foods, Inc. has a one year low of $27.92 and a one year 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 business’s 50-day simple moving average is $47.89 and its 200 day simple moving average is $46.77.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The business had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same quarter last year, the business earned $0.44 EPS. United Natural Foods’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, sell-side analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Insider Activity

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 value of $515,600.00. Following the sale, the insider directly owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company 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.