Legal & General Group Plc Trims Position in UFP Industries, Inc. $UFPI

Posted by Francis Steltz on Jun 5th, 2026

Legal & General Group Plc decreased its stake in shares of UFP Industries, Inc. (NASDAQ:UFPI – Free Report) by 20.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,130 shares of the construction company’s stock after selling 24,694 shares during the quarter. Legal & General Group Plc’s holdings in UFP Industries were worth $8,845,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UFPI. Millennium Management LLC increased its holdings in UFP Industries by 209.9% during the 3rd quarter. Millennium Management LLC now owns 425,336 shares of the construction company’s stock worth $39,765,000 after purchasing an additional 288,093 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of UFP Industries in the 2nd quarter worth $20,151,000. Jane Street Group LLC grew its position in shares of UFP Industries by 121.9% during the 2nd quarter. Jane Street Group LLC now owns 267,818 shares of the construction company’s stock worth $26,610,000 after buying an additional 147,100 shares in the last quarter. UBS Group AG increased its stake in shares of UFP Industries by 47.3% during the third quarter. UBS Group AG now owns 429,440 shares of the construction company’s stock valued at $40,148,000 after buying an additional 137,968 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new position in shares of UFP Industries during the second quarter valued at $10,428,000. 81.81% of the stock is owned by hedge funds and other institutional investors.

UFP Industries Trading Down 0.1%

Shares of NASDAQ UFPI opened at $80.22 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.64 and a quick ratio of 3.07. The stock has a market capitalization of $4.53 billion, a P/E ratio of 17.52 and a beta of 1.24. UFP Industries, Inc. has a 1-year low of $77.89 and a 1-year high of $118.00. The business has a fifty day moving average price of $87.94 and a 200 day moving average price of $94.70.

UFP Industries (NASDAQ:UFPI – Get Free Report) last posted its earnings results on Wednesday, April 29th. The construction company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.15 by ($0.26). The company had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.51 billion. UFP Industries had a net margin of 4.31% and a return on equity of 8.50%. UFP Industries’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.30 EPS. Equities research analysts expect that UFP Industries, Inc. will post 4.6 EPS for the current fiscal year.

UFP Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.36 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.8%. UFP Industries’s payout ratio is presently 31.44%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UFPI. Stifel Nicolaus lowered their price objective on shares of UFP Industries from $100.00 to $87.00 and set a “hold” rating for the company in a research note on Monday, May 11th. Zacks Research downgraded shares of UFP Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 17th. Benchmark reduced their price target on shares of UFP Industries from $125.00 to $115.00 and set a “buy” rating for the company in a report on Friday, May 1st. BMO Capital Markets raised shares of UFP Industries from a “market perform” rating to an “outperform” rating and set a $108.00 price target for the company in a research report on Tuesday, May 5th. Finally, Weiss Ratings downgraded shares of UFP Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $105.40.

View Our Latest Stock Analysis on UFPI

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.