Freestone Grove Partners LP Purchases Shares of 26,923 UFP Industries, Inc. $UFPI

Posted by Brian Himes on Aug 29th, 2026

Freestone Grove Partners LP acquired a new position in UFP Industries, Inc. (NASDAQ:UFPI – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,923 shares of the construction company’s stock, valued at approximately $2,443,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in UFP Industries during the second quarter worth $688,063,000. Vanguard Group Inc. grew its position in UFP Industries by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 6,117,218 shares of the construction company’s stock valued at $556,973,000 after buying an additional 17,016 shares during the period. Wasatch Advisors LP increased its holdings in UFP Industries by 32.9% in the first quarter. Wasatch Advisors LP now owns 2,037,908 shares of the construction company’s stock valued at $187,732,000 after buying an additional 504,609 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in UFP Industries by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,909,315 shares of the construction company’s stock valued at $173,847,000 after buying an additional 44,736 shares in the last quarter. Finally, Boston Partners raised its position in shares of UFP Industries by 2.2% in the third quarter. Boston Partners now owns 1,887,460 shares of the construction company’s stock worth $176,449,000 after acquiring an additional 39,957 shares during the period. Institutional investors and hedge funds own 81.81% of the company’s stock.

UFP Industries Stock Performance

NASDAQ:UFPI opened at $86.01 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.98. The company has a fifty day moving average of $88.28 and a two-hundred day moving average of $90.67. The stock has a market capitalization of $4.74 billion, a PE ratio of 19.73 and a beta of 1.23. UFP Industries, Inc. has a fifty-two week low of $77.89 and a fifty-two week high of $118.00.

UFP Industries (NASDAQ:UFPI – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.11. The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.79 billion. UFP Industries had a net margin of 3.99% and a return on equity of 8.00%. As a group, research analysts forecast that UFP Industries, Inc. will post 4.51 earnings per share for the current fiscal year.

UFP Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.44 dividend on an annualized basis and a yield of 1.7%. UFP Industries’s dividend payout ratio (DPR) is currently 33.03%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on UFPI shares. Stifel Nicolaus set a $90.00 target price on shares of UFP Industries and gave the stock a “hold” rating in a research note on Monday. Benchmark cut their price target on UFP Industries from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Zacks Research raised UFP Industries from a “strong sell” rating to a “hold” rating in a report on Friday, July 31st. DA Davidson reduced their price target on UFP Industries from $110.00 to $105.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Weiss Ratings upgraded UFP Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, UFP Industries currently has an average rating of “Moderate Buy” and an average target price of $104.50.

Check Out Our Latest Analysis on UFP Industries

About UFP Industries

(Free Report)

UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.

With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.