Danske Bank A S acquired a new position in US Foods Holding Corp. (NYSE:USFD – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 47,456 shares of the company’s stock, valued at approximately $4,852,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of US Foods in the 3rd quarter valued at about $26,000. Nalls Sherbakoff Group LLC bought a new stake in US Foods in the fourth quarter valued at approximately $36,000. Geneos Wealth Management Inc. boosted its holdings in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in US Foods during the 2nd quarter valued at approximately $39,000. Finally, Western Wealth Management LLC acquired a new stake in US Foods during the 1st quarter valued at approximately $46,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at US Foods
In other news, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction dated 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 in the company, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the sale, the insider directly owned 101,144 shares of the company’s stock, valued at $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is owned by corporate insiders.
US Foods Price Performance
US Foods (NYSE:USFD – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. During the same quarter in the previous year, the business posted $1.19 EPS. US Foods’s revenue for the quarter was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts predict that US Foods Holding Corp. will post 4.41 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on USFD. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research report on Wednesday, July 29th. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. BMO Capital Markets reissued an “outperform” rating and set a $120.00 target price on shares of US Foods in a research note on Friday, August 7th. Piper Sandler boosted their target price on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Finally, Citigroup upped their price target on shares of US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, US Foods has a consensus rating of “Moderate Buy” and an average target price of $113.92.
Check Out Our Latest Report on USFD
US Foods Company 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.
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