Meiji Yasuda Asset Management Co Ltd. Invests $520,000 in US Foods Holding Corp. $USFD

Meiji Yasuda Asset Management Co Ltd. bought a new stake in US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,088 shares of the company’s stock, valued at approximately $520,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of US Foods during the 2nd quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of US Foods in the 2nd quarter worth about $28,000. Measured Wealth Private Client Group LLC bought a new position in US Foods during the third quarter valued at about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in US Foods during the second quarter worth about $39,000. Finally, Geneos Wealth Management Inc. increased its holdings in US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Price Performance

Shares of NYSE:USFD opened at $108.95 on Wednesday. The firm has a market capitalization of $23.57 billion, a PE ratio of 33.52, a P/E/G ratio of 1.39 and a beta of 0.81. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average price of $101.60 and a two-hundred day moving average price of $94.11. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $111.42.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current year.

Analysts Set New Price Targets

USFD has been the topic of a number of research analyst reports. Piper Sandler boosted their target price on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Wells Fargo & Company lifted their price target on shares of US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Wall Street Zen upgraded US Foods from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. JPMorgan Chase & Co. reduced their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Zacks Research raised US Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average target price of $113.92.

Insiders Place Their Bets

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the sale, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Randy J. Taylor sold 11,630 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider directly owned 73,618 shares of the company’s stock, valued at $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.74% of the company’s stock.

US Foods Company 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.