United Natural Foods (NYSE:UNFI) Price Target Raised to $46.00

United Natural Foods (NYSE:UNFI) had its price target hoisted by Deutsche Bank Aktiengesellschaft from $40.00 to $46.00 in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other analysts have also recently weighed in on UNFI. Roth Mkm reaffirmed a “neutral” rating and issued a $35.00 price objective on shares of United Natural Foods in a report on Thursday, December 11th. UBS Group boosted their target price on shares of United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday. BMO Capital Markets upped their target price on shares of United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday. Zacks Research lowered shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, United Natural Foods presently has an average rating of “Hold” and a consensus price target of $41.63.

United Natural Foods Trading Up 3.3%

NYSE:UNFI opened at $41.67 on Thursday. The firm has a market capitalization of $2.53 billion, a P/E ratio of -32.05 and a beta of 1.00. The business has a 50 day simple moving average of $37.46 and a 200 day simple moving average of $35.86. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 0.50. United Natural Foods has a 12-month low of $20.78 and a 12-month high of $43.29.

United Natural Foods (NYSE:UNFI) last issued its earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion for the quarter, compared to analyst estimates of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The firm’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period last year, the company earned $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Equities research analysts predict that United Natural Foods will post 0.76 EPS for the current year.

Insider Activity

In other United Natural Foods news, Director James C. Pappas acquired 15,000 shares of United Natural Foods stock in a transaction dated Friday, January 2nd. The stock was bought at an average price of $33.76 per share, for a total transaction of $506,400.00. Following the transaction, the director owned 192,178 shares in the company, valued at approximately $6,487,929.28. This trade represents a 8.47% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Louis Anthony Martin sold 9,439 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $34.67, for a total transaction of $327,250.13. Following the completion of the sale, the insider owned 81,234 shares in the company, 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. Insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UNFI. Cullen Frost Bankers Inc. acquired a new position in shares of United Natural Foods in the 4th quarter worth $26,000. Quarry LP purchased a new stake in shares of United Natural Foods during the third quarter valued at $29,000. Larson Financial Group LLC lifted its holdings in shares of United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after purchasing an additional 768 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of United Natural Foods in the 4th quarter valued at $31,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of United Natural Foods by 84.2% in the 2nd 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 period. Institutional investors own 87.63% of the company’s stock.

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.