Havemeyer Place LP Invests $683,000 in US Foods Holding Corp. $USFD

Havemeyer Place LP acquired a new position in US Foods Holding Corp. (NYSE:USFD) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,069 shares of the company’s stock, valued at approximately $683,000.

A number of other large investors also recently modified their holdings of the company. Boston Partners raised its holdings in shares of US Foods by 6.0% in the 3rd quarter. Boston Partners now owns 16,130,224 shares of the company’s stock worth $1,235,585,000 after purchasing an additional 908,993 shares during the period. Wellington Management Group LLP raised its holdings in shares of US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after purchasing an additional 1,599,033 shares during the period. Capital World Investors raised its holdings in shares of US Foods by 11.0% in the 3rd quarter. Capital World Investors now owns 11,664,740 shares of the company’s stock worth $893,752,000 after purchasing an additional 1,155,254 shares during the period. Invesco Ltd. raised its holdings in shares of US Foods by 8.6% in the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock worth $625,530,000 after purchasing an additional 649,950 shares during the period. Finally, Primecap Management Co. CA raised its holdings in shares of US Foods by 5.9% in the 3rd quarter. Primecap Management Co. CA now owns 3,793,209 shares of the company’s stock worth $290,636,000 after purchasing an additional 212,499 shares during the period. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Stock Performance

Shares of NYSE:USFD opened at $86.89 on Tuesday. The company has a market cap of $19.14 billion, a P/E ratio of 29.26, a PEG ratio of 1.06 and a beta of 0.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $102.13. The business’s 50-day simple moving average is $87.49 and its 200 day simple moving average is $85.37.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The company had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on USFD shares. Morgan Stanley set a $94.00 price objective on US Foods and gave the stock a “mixed” rating in a report on Friday, February 13th. Zacks Research downgraded US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. JPMorgan Chase & Co. dropped their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Piper Sandler dropped their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $106.00 target price on shares of US Foods in a report on Friday, February 13th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $105.50.

US Foods Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.