Counterpoint Mutual Funds LLC Grows Stock Position in United Natural Foods, Inc. $UNFI

Counterpoint Mutual Funds LLC increased its stake in United Natural Foods, Inc. (NYSE:UNFI) by 285.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,683 shares of the company’s stock after acquiring an additional 69,407 shares during the period. Counterpoint Mutual Funds LLC’s holdings in United Natural Foods were worth $4,221,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Boston Trust Walden Corp bought a new position in United Natural Foods during the 1st quarter worth approximately $243,000. Janney Montgomery Scott LLC lifted its position in United Natural Foods by 18.9% in the first quarter. Janney Montgomery Scott LLC now owns 17,366 shares of the company’s stock valued at $783,000 after purchasing an additional 2,762 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of United Natural Foods by 3.6% during the first quarter. Pictet Asset Management Holding SA now owns 9,661 shares of the company’s stock valued at $435,000 after purchasing an additional 335 shares during the period. Louisiana State Employees Retirement System purchased a new stake in shares of United Natural Foods during the first quarter valued at approximately $1,217,000. Finally, OP Asset Management Ltd bought a new position in shares of United Natural Foods in the first quarter worth approximately $5,452,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

United Natural Foods Trading Up 0.1%

NYSE UNFI opened at $45.63 on Friday. The stock has a market cap of $2.76 billion, a P/E ratio of -69.14 and a beta of 0.83. United Natural Foods, Inc. has a fifty-two week low of $22.12 and a fifty-two week high of $57.02. The stock has a 50 day simple moving average of $50.16 and a two-hundred day simple moving average of $42.88. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.51 and a current ratio of 1.33.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.04). The business had revenue of $7.72 billion for the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. United Natural Foods’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, analysts forecast that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

Insider Buying and Selling at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the transaction, the insider directly owned 98,470 shares in the company, valued at approximately $5,120,440. This represents a 4.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.40% of the company’s stock.

Analyst Upgrades and Downgrades

UNFI has been the topic of several analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Roth Mkm reissued a “neutral” rating and set a $43.00 price target on shares of United Natural Foods in a research report on Wednesday, June 10th. Wall Street Zen raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a report on Saturday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a research report on Thursday, March 12th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $47.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, United Natural Foods has a consensus rating of “Hold” and a consensus price target of $46.38.

United Natural Foods 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.