California Public Employees Retirement System Sells 21,666 Shares of US Foods Holding Corp. $USFD

California Public Employees Retirement System decreased its stake in US Foods Holding Corp. (NYSE:USFD) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 408,212 shares of the company’s stock after selling 21,666 shares during the quarter. California Public Employees Retirement System’s holdings in US Foods were worth $37,641,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Orion Porfolio Solutions LLC lifted its position in shares of US Foods by 1.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock valued at $535,000 after buying an additional 101 shares in the last quarter. Choreo LLC increased its holdings in US Foods by 2.4% in the 4th quarter. Choreo LLC now owns 5,707 shares of the company’s stock worth $433,000 after acquiring an additional 133 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in US Foods by 0.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock worth $1,383,000 after acquiring an additional 134 shares in the last quarter. 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 acquiring an additional 154 shares during the period. Finally, Brooklyn Investment Group raised its stake in US Foods by 0.9% during the 4th quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after acquiring an additional 157 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Stock Down 2.2%

Shares of USFD opened at $95.13 on Tuesday. The business’s 50 day moving average is $91.33 and its 200 day moving average is $89.84. The company has a market capitalization of $20.95 billion, a PE ratio of 32.03, a price-to-earnings-growth ratio of 1.24 and a beta of 0.79. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $105.17. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the previous year, the company earned $0.68 earnings per share. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts expect that US Foods Holding Corp. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on USFD shares. TD Cowen started coverage on shares of US Foods in a report on Tuesday, July 7th. They set a “buy” rating and a $116.00 price target on the stock. Citigroup reduced their price objective on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, May 8th. BTIG Research decreased their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Morgan Stanley lifted their target price on shares of US Foods from $94.00 to $103.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Finally, Piper Sandler dropped their target price on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Eleven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

US Foods 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.