Invst LLC Purchases New Position in United Natural Foods, Inc. $UNFI

Invst LLC purchased a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 19,274 shares of the company’s stock, valued at approximately $880,000.

A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. bought a new position in United Natural Foods in the 2nd quarter worth $477,650,000. SG Americas Securities LLC boosted its stake in shares of United Natural Foods by 155.1% during the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company’s stock valued at $78,047,000 after purchasing an additional 1,053,081 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of United Natural Foods during the 2nd quarter valued at about $18,672,000. Trexquant Investment LP purchased a new position in shares of United Natural Foods during the fourth quarter valued at about $12,885,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of United Natural Foods by 40.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock valued at $48,922,000 after buying an additional 374,487 shares during the period. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Stock Down 1.9%

Shares of United Natural Foods stock opened at $47.61 on Wednesday. United Natural Foods, Inc. has a 1 year low of $27.21 and a 1 year high of $57.02. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of -72.14 and a beta of 0.84. The company has a 50-day moving average of $48.54 and a 200 day moving average of $46.53. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 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 the consensus estimate of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The company’s revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, sell-side analysts anticipate that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Insider Activity at United Natural Foods

In other news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the sale, the insider directly owned 51,119 shares of the company’s stock, valued at $2,635,695.64. The trade was a 16.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Zacks Research lowered shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, August 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $56.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. UBS Group increased their target price on United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. The Goldman Sachs Group restated a “neutral” rating and issued a $47.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, United Natural Foods presently has an average rating of “Hold” and a consensus price target of $47.86.

About United Natural Foods

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.