Sei Investments Co. lifted its position in shares of United Natural Foods, Inc. (NYSE:UNFI – Free Report) by 89.3% in the first quarter, HoldingsChannel.com reports. The fund owned 177,979 shares of the company’s stock after buying an additional 83,956 shares during the period. Sei Investments Co.’s holdings in United Natural Foods were worth $8,021,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Revisor Wealth Management LLC raised its position in United Natural Foods by 4.7% during the first quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock valued at $279,000 after purchasing an additional 278 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of United Natural Foods by 4.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock valued at $252,000 after purchasing an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of United Natural Foods by 2.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock valued at $468,000 after purchasing an additional 289 shares during the last quarter. Optimize Financial Inc raised its holdings in shares of United Natural Foods by 1.5% during the 4th quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock worth $706,000 after buying an additional 300 shares in the last quarter. Finally, Arax Advisory Partners lifted its position in shares of United Natural Foods by 37.4% during the 4th quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock worth $37,000 after buying an additional 300 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have issued reports on UNFI shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research report on Monday, July 6th. BMO Capital Markets restated an “outperform” rating and issued a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. UBS Group lifted their price target on shares of United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $47.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.86.
Insider Activity
In related news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the sale, the insider directly owned 98,470 shares in the company, valued at $5,120,440. This represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of United Natural Foods stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the transaction, the insider directly owned 51,119 shares of the company’s stock, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.40% of the stock is currently owned by insiders.
United Natural Foods Trading Up 0.1%
UNFI opened at $50.86 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a fifty-two week low of $24.88 and a fifty-two week high of $57.02. The company’s 50 day moving average price is $49.71 and its two-hundred day moving average price is $45.16. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of -77.07 and a beta of 0.84.
United Natural Foods (NYSE:UNFI – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The business had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same quarter last year, the firm posted $0.44 EPS. United Natural Foods’s revenue for the quarter was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.
United Natural Foods Profile
United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.
UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.
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