Meiji Yasuda Asset Management Co Ltd. Acquires New Holdings in US Foods Holding Corp. $USFD

Meiji Yasuda Asset Management Co Ltd. bought a new position in US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,088 shares of the company’s stock, valued at approximately $520,000.

Several other large investors have also recently bought and sold shares of USFD. BlackRock Inc. purchased a new position in shares of US Foods during the 2nd quarter valued at $2,131,439,000. Boston Partners grew its position in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company’s stock worth $1,222,537,000 after buying an additional 73,656 shares in the last quarter. Wellington Management Group LLP increased its stake in US Foods by 7.0% in the 4th quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock worth $1,037,949,000 after acquiring an additional 904,556 shares during the last quarter. Capital World Investors raised its holdings in shares of US Foods by 10.3% in the 4th quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock valued at $968,773,000 after acquiring an additional 1,197,360 shares in the last quarter. Finally, 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 valued at $625,530,000 after acquiring an additional 649,950 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on USFD shares. Wells Fargo & Company boosted their price objective on US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Citigroup increased their price target on shares of US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Piper Sandler raised their price objective on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Finally, TD Cowen lifted their price objective on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $113.92.

Insider Activity at US Foods

In other news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider owned 73,618 shares in the company, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is owned by company insiders.

US Foods Price Performance

Shares of NYSE:USFD opened at $108.95 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. The stock has a market cap of $23.57 billion, a PE ratio of 33.52, a PEG ratio of 1.39 and a beta of 0.81. The company’s fifty day moving average is $101.60 and its 200 day moving average is $94.11. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $111.42.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The firm 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 company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the firm earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts anticipate that US Foods Holding Corp. will post 4.41 earnings per share for the current 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.