Reliant Investment Partners LLC acquired a new position in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,705 shares of the company’s stock, valued at approximately $992,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of US Foods in the second quarter valued at about $2,131,439,000. Boston Partners raised its stake in US Foods by 0.5% during the fourth quarter. Boston Partners now owns 16,203,880 shares of the company’s stock worth $1,222,537,000 after purchasing an additional 73,656 shares during the period. Wellington Management Group LLP boosted its holdings in US Foods by 7.0% in the 4th quarter. Wellington Management Group LLP now owns 13,780,526 shares of the company’s stock valued at $1,037,949,000 after purchasing an additional 904,556 shares during the last quarter. Capital World Investors grew its position in US Foods by 10.3% in the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock worth $968,773,000 after acquiring an additional 1,197,360 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of US Foods by 8.6% during the 3rd quarter. Invesco Ltd. now owns 8,164,062 shares of the company’s stock worth $625,530,000 after purchasing an additional 649,950 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.
Insider Activity
In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. This trade represents a 13.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company’s stock.
US Foods Stock Up 0.8%
US Foods (NYSE:USFD – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same period in the previous year, the business posted $1.19 earnings per share. US Foods’s quarterly revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts expect that US Foods Holding Corp. will post 4.41 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on USFD shares. Wells Fargo & Company lifted their price objective on US Foods from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. Guggenheim raised their target price on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. dropped their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Finally, BTIG Research boosted their price target on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, US Foods currently has a consensus rating of “Moderate Buy” and an average target price of $113.92.
Read Our Latest Report on US Foods
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.
Further Reading
- Five stocks we like better than US Foods
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding USFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for US Foods Holding Corp. (NYSE:USFD – Free Report).
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.
