US Foods Holding Corp. $USFD Shares Purchased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 9,713.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,243,456 shares of the company’s stock after buying an additional 1,230,785 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in US Foods were worth $114,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in USFD. Measured Wealth Private Client Group LLC purchased a new stake in US Foods in the third quarter valued at about $26,000. Steph & Co. purchased a new stake in shares of US Foods during the fourth quarter worth about $34,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of US Foods during the fourth quarter worth about $36,000. Geneos Wealth Management Inc. increased its holdings in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of US Foods during the third quarter valued at about $49,000. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Performance

Shares of US Foods stock traded up $1.42 on Friday, reaching $100.90. 2,812,174 shares of the stock were exchanged, compared to its average volume of 2,740,862. The business has a 50 day moving average price of $90.17 and a two-hundred day moving average price of $88.82. The firm has a market capitalization of $22.22 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 1.27 and a beta of 0.79. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $105.17. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16.

US Foods (NYSE:USFD) last issued 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 analyst estimates of $9.66 billion. During the same quarter last year, the company posted $0.68 EPS. US Foods’s quarterly revenue 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. Analysts anticipate that US Foods Holding Corp. will post 4.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on USFD shares. Zacks Research lowered shares of US Foods from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. cut their price target on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. BTIG Research decreased their price target on shares of US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a report on Monday, May 11th. TD Cowen started coverage on shares of US Foods in a research note on Tuesday. They set a “buy” rating and a $116.00 price objective for the company. Finally, Piper Sandler dropped their price objective on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Eleven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $106.31.

About US Foods

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.