UniFirst Corporation $UNF Holdings Decreased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its holdings in UniFirst Corporation (NYSE:UNF) by 56.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,274 shares of the textile maker’s stock after selling 44,588 shares during the period. Tudor Investment Corp ET AL owned about 0.19% of UniFirst worth $5,730,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Advisors Asset Management Inc. purchased a new position in UniFirst during the 2nd quarter valued at about $25,000. Geneos Wealth Management Inc. lifted its position in shares of UniFirst by 474.1% in the first quarter. Geneos Wealth Management Inc. now owns 155 shares of the textile maker’s stock worth $27,000 after purchasing an additional 128 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of UniFirst by 378.1% during the second quarter. EverSource Wealth Advisors LLC now owns 153 shares of the textile maker’s stock worth $29,000 after purchasing an additional 121 shares during the period. Danske Bank A S purchased a new position in UniFirst during the third quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC purchased a new position in UniFirst during the third quarter valued at approximately $36,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

UniFirst Stock Performance

Shares of UNF stock opened at $263.47 on Wednesday. The stock’s 50 day simple moving average is $233.30 and its 200 day simple moving average is $193.88. UniFirst Corporation has a twelve month low of $147.66 and a twelve month high of $283.77. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 34.85 and a beta of 0.69.

UniFirst (NYSE:UNF) last announced its earnings results on Wednesday, January 7th. The textile maker reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.16). UniFirst had a return on equity of 6.68% and a net margin of 5.70%.The company had revenue of $621.32 million for the quarter, compared to the consensus estimate of $615.23 million. During the same period in the previous year, the company earned $2.31 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. UniFirst has set its FY 2026 guidance at 6.580-6.980 EPS. On average, analysts forecast that UniFirst Corporation will post 7.71 EPS for the current fiscal year.

UniFirst Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a $0.365 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.46 dividend on an annualized basis and a yield of 0.6%. UniFirst’s dividend payout ratio (DPR) is presently 19.31%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UNF shares. Barclays increased their target price on shares of UniFirst from $250.00 to $280.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 12th. Zacks Research upgraded UniFirst from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. UBS Group lifted their price objective on UniFirst from $182.00 to $206.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Robert W. Baird set a $198.00 target price on UniFirst in a research note on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of UniFirst in a research report on Wednesday, January 21st. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $214.75.

Insider Buying and Selling

In related news, VP David Martin Katz sold 1,464 shares of UniFirst stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $237.54, for a total value of $347,758.56. Following the transaction, the vice president owned 6,461 shares in the company, valued at $1,534,745.94. This trade represents a 18.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.86% of the stock is owned by company insiders.

About UniFirst

UniFirst Corporation (NYSE: UNF) is a leading provider of customized uniform rental and facility service programs in North America and Europe. The company specializes in the rental, laundering and maintenance of workwear, corporate apparel and protective garments for a broad range of industries, including manufacturing, automotive, hospitality, healthcare and food processing. UniFirst also offers a suite of facility service products such as entrance mats, restroom supplies, wipers, mops and hygienic services designed to help customers maintain clean and safe environments.

In addition to its core uniform rental business, UniFirst has expanded its product portfolio to include safety and first-responder gear, flame-resistant clothing, high-visibility apparel and personal protective equipment (PPE).