Elevation Point Wealth Partners LLC Takes $2.31 Million Position in US Foods Holding Corp. $USFD

Elevation Point Wealth Partners LLC purchased a new stake in US Foods Holding Corp. (NYSE:USFD) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 22,555 shares of the company’s stock, valued at approximately $2,306,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of US Foods in the second quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods during the 3rd quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of US Foods during the 2nd quarter worth about $39,000. Geneos Wealth Management Inc. lifted its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new position in US Foods in the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Buying and Selling

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company’s stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Guggenheim boosted their price objective on US Foods from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Piper Sandler raised their target price on US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. UBS Group lifted their price target on US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Zacks Research upgraded US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. reduced their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

US Foods Stock Down 0.1%

USFD stock opened at $109.52 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average of $100.96 and a two-hundred day moving average of $93.81. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The company has a market cap of $23.69 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 1.39 and a beta of 0.81.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.08. The business had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

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.