Hsbc Holdings PLC Acquires Shares of 2,302 UniFirst Corporation $UNF

Posted by on Sep 3rd, 2026

Hsbc Holdings PLC acquired a new stake in shares of UniFirst Corporation (NYSE:UNF – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 2,302 shares of the textile maker’s stock, valued at approximately $609,000.

A number of other institutional investors also recently modified their holdings of the company. California State Teachers Retirement System grew its stake in shares of UniFirst by 31.9% in the first quarter. California State Teachers Retirement System now owns 18,267 shares of the textile maker’s stock worth $4,596,000 after purchasing an additional 4,418 shares during the last quarter. BlackRock Inc. bought a new position in UniFirst during the 2nd quarter valued at approximately $580,008,000. TimesSquare Capital Management LLC bought a new position in UniFirst during the 2nd quarter valued at approximately $17,165,000. Bank of America Corp DE lifted its holdings in UniFirst by 16.0% in the 1st quarter. Bank of America Corp DE now owns 151,925 shares of the textile maker’s stock worth $38,223,000 after buying an additional 20,956 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new stake in UniFirst in the 1st quarter worth approximately $868,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

UniFirst Trading Down 0.7%

Shares of UNF opened at $275.64 on Thursday. The firm’s 50-day moving average price is $283.84 and its 200-day moving average price is $266.96. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 43.48 and a beta of 0.61. UniFirst Corporation has a 1-year low of $147.66 and a 1-year high of $306.67.

UniFirst (NYSE:UNF – Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The textile maker reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.93 by ($0.84). UniFirst had a net margin of 4.65% and a return on equity of 6.44%. The company had revenue of $634.40 million for the quarter, compared to analysts’ expectations of $627.66 million. During the same quarter in the prior year, the firm earned $2.13 EPS. UniFirst’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, research analysts forecast that UniFirst Corporation will post 7.49 EPS for the current fiscal year.

UniFirst Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a $0.365 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.46 annualized dividend and a dividend yield of 0.5%. UniFirst’s dividend payout ratio is currently 23.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. UBS Group set a $262.00 price objective on UniFirst in a research report on Monday, July 6th. Weiss Ratings downgraded UniFirst from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 9th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, UniFirst currently has an average rating of “Hold” and a consensus target price of $246.67.

View Our Latest Analysis on UNF

About UniFirst

(Free Report)

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).

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Institutional Ownership by Quarter for UniFirst (NYSE:UNF)

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