Parnassus Investments LLC Has $60.87 Million Stock Holdings in US Foods Holding Corp. $USFD

Parnassus Investments LLC reduced its position in shares of US Foods Holding Corp. (NYSE:USFD) by 7.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 808,109 shares of the company’s stock after selling 68,582 shares during the quarter. Parnassus Investments LLC owned about 0.36% of US Foods worth $60,867,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in US Foods during the 3rd quarter worth approximately $26,000. Steph & Co. acquired a new position in US Foods during the 4th quarter worth approximately $34,000. Geneos Wealth Management Inc. raised its stake in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in US Foods during the 3rd quarter worth approximately $49,000. Finally, Root Financial Partners LLC raised its stake in US Foods by 22.4% during the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock worth $63,000 after buying an additional 154 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Performance

Shares of USFD opened at $91.33 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The stock has a 50 day moving average price of $87.43 and a two-hundred day moving average price of $85.78. The firm has a market capitalization of $20.11 billion, a P/E ratio of 30.75, a P/E/G ratio of 1.13 and a beta of 0.83. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $102.13.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The company had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts forecast that US Foods Holding Corp. will post 4.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on USFD shares. Wells Fargo & Company upped their price target on US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. BMO Capital Markets upped their price target on US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. UBS Group reaffirmed a “buy” rating and set a $117.00 price target on shares of US Foods in a research note on Friday, February 13th. Morgan Stanley set a $94.00 price target on US Foods and gave the stock a “mixed” rating in a research note on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 price target on US Foods and gave the stock a “buy” rating in a research note on Friday, February 13th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $105.50.

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.