Brokerages Set United Natural Foods, Inc. (NYSE:UNFI) Target Price at $43.63

Shares of United Natural Foods, Inc. (NYSE:UNFI) have been given a consensus rating of “Hold” by the ten research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $43.6250.

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Wells Fargo & Company raised shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $40.00 to $56.00 in a research report on Thursday, March 26th. Wall Street Zen downgraded shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Monday, May 4th. Zacks Research downgraded shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, UBS Group increased their target price on shares of United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th.

Insider Buying and Selling

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is owned by insiders.

Institutional Investors Weigh In On United Natural Foods

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of United Natural Foods by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 3,664,356 shares of the company’s stock valued at $137,824,000 after purchasing an additional 28,119 shares during the last quarter. American Century Companies Inc. grew its position in shares of United Natural Foods by 5.5% in the third quarter. American Century Companies Inc. now owns 2,746,073 shares of the company’s stock valued at $103,307,000 after purchasing an additional 142,485 shares during the last quarter. State Street Corp grew its position in shares of United Natural Foods by 1.0% in the fourth quarter. State Street Corp now owns 2,389,186 shares of the company’s stock valued at $80,444,000 after purchasing an additional 23,967 shares during the last quarter. SG Americas Securities LLC grew its position in shares of United Natural Foods by 155.1% in the first quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock valued at $78,047,000 after purchasing an additional 1,053,081 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of United Natural Foods by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 1,468,591 shares of the company’s stock valued at $49,456,000 after purchasing an additional 41,674 shares during the last quarter. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Price Performance

Shares of NYSE:UNFI opened at $51.35 on Monday. The company has a current ratio of 1.33, a quick ratio of 0.52 and a debt-to-equity ratio of 1.11. United Natural Foods has a 1 year low of $20.78 and a 1 year high of $53.18. The business has a fifty day simple moving average of $47.77 and a 200 day simple moving average of $40.41. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of -39.50 and a beta of 0.82.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, March 10th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.11. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The business had revenue of $7.95 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the company earned $0.22 earnings per share. United Natural Foods’s quarterly revenue was down 2.6% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. As a group, sell-side analysts predict that United Natural Foods will post 2.52 earnings per share for the current fiscal year.

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.