Vanguard Group Inc. Cuts Holdings in United Natural Foods, Inc. $UNFI

Vanguard Group Inc. cut its stake in United Natural Foods, Inc. (NYSE:UNFI) by 1.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,347,805 shares of the company’s stock after selling 74,491 shares during the quarter. Vanguard Group Inc. owned about 12.11% of United Natural Foods worth $276,424,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in United Natural Foods by 84.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after purchasing an additional 609 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of United Natural Foods by 32.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,563 shares of the company’s stock valued at $59,000 after buying an additional 379 shares in the last quarter. Covestor Ltd grew its position in shares of United Natural Foods by 56.5% in the 3rd quarter. Covestor Ltd now owns 3,830 shares of the company’s stock worth $144,000 after buying an additional 1,382 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of United Natural Foods by 21.7% during the 2nd quarter. Lazard Asset Management LLC now owns 5,277 shares of the company’s stock worth $123,000 after acquiring an additional 942 shares in the last quarter. Finally, Great Waters Wealth Management purchased a new stake in United Natural Foods during the third quarter valued at approximately $201,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UNFI has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research report on Friday, January 9th. Zacks Research lowered United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. BMO Capital Markets reissued an “outperform” rating on shares of United Natural Foods in a report on Thursday, December 11th. Roth Mkm reaffirmed a “neutral” rating and issued a $35.00 price objective on shares of United Natural Foods in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft set a $40.00 target price on shares of United Natural Foods in a research report on Thursday, January 8th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $38.78.

Insider Buying and Selling at United Natural Foods

In related news, Director James C. Pappas bought 2,000 shares of the stock in a transaction dated Monday, January 5th. The shares were purchased at an average price of $33.30 per share, for a total transaction of $66,600.00. Following the completion of the purchase, the director directly owned 194,178 shares of the company’s stock, valued at $6,466,127.40. This represents a 1.04% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Louis Anthony Martin sold 9,439 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the transaction, the insider directly owned 81,234 shares of the company’s stock, valued at $2,816,382.78. The trade was a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.40% of the stock is owned by corporate insiders.

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $38.18 on Friday. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $43.29. The company has a quick ratio of 0.50, a current ratio of 1.38 and a debt-to-equity ratio of 1.25. The firm has a market cap of $2.33 billion, a P/E ratio of -23.00 and a beta of 1.00. The business’s 50 day moving average price is $36.42 and its 200 day moving average price is $35.04.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, December 2nd. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.39 by $0.17. The business had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.91 billion. United Natural Foods had a negative net margin of 0.32% and a positive return on equity of 4.35%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, sell-side analysts expect that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

United Natural Foods Company 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.