Sumitomo Mitsui Trust Group Inc. Sells 93,915 Shares of US Foods Holding Corp. $USFD

Sumitomo Mitsui Trust Group Inc. lessened its holdings in US Foods Holding Corp. (NYSE:USFD) by 7.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,145,185 shares of the company’s stock after selling 93,915 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in US Foods were worth $105,598,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its stake in US Foods by 7.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,910 shares of the company’s stock valued at $195,000 after purchasing an additional 134 shares during the last quarter. IFP Advisors Inc increased its holdings in US Foods by 4.4% during the 2nd quarter. IFP Advisors Inc now owns 3,489 shares of the company’s stock worth $357,000 after purchasing an additional 146 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in US Foods by 131.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 292 shares of the company’s stock worth $27,000 after purchasing an additional 166 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of US Foods by 6.0% in the third quarter. Citizens Financial Group Inc. RI now owns 3,091 shares of the company’s stock worth $285,000 after purchasing an additional 174 shares during the last quarter. Finally, Mather Group LLC. raised its stake in shares of US Foods by 8.9% in the third quarter. Mather Group LLC. now owns 2,236 shares of the company’s stock worth $206,000 after purchasing an additional 182 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Up 2.0%

USFD stock opened at $105.73 on Tuesday. The stock’s fifty day simple moving average is $99.43 and its two-hundred day simple moving average is $94.54. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 1-year low of $69.88 and a 1-year high of $111.42. The stock has a market cap of $22.87 billion, a P/E ratio of 25.55, a P/E/G ratio of 1.29 and a beta of 0.86.

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. US Foods had a return on equity of 20.53% and a net margin of 1.81%. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. During the same quarter in the prior year, the company earned $1.19 EPS. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts expect that US Foods Holding Corp. will post 4.45 EPS for the current year.

Insider Transactions at US Foods

In related news, 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 directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider owned 101,144 shares of the company’s stock, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on USFD shares. TD Cowen raised their target price on US Foods from $116.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Zacks Research raised US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Citigroup upped their price target on US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a report on Friday, August 7th. BTIG Research increased their price target on US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Piper Sandler raised their price objective on US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, US Foods currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.85.

US Foods Company Profile

US Foods Holding Corp. is a leading foodservice distributor serving restaurants, health care and hospitality organizations, educational institutions, government facilities and other commercial customers across the United States. Through its distribution network, the company delivers food, beverages, equipment and related supplies to professional foodservice operators.

The company offers a broad selection of fresh and frozen foods, dry groceries, beverages, meat, seafood, produce, dairy products and disposable supplies.