Skandinaviska Enskilda Banken AB publ Takes Position in US Foods Holding Corp. $USFD

Skandinaviska Enskilda Banken AB publ bought a new stake in US Foods Holding Corp. (NYSE:USFD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,700 shares of the company’s stock, valued at approximately $1,510,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its stake in shares of US Foods by 303.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after purchasing an additional 246 shares during the period. Geneos Wealth Management Inc. boosted its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares in the last quarter. First Horizon Corp acquired a new stake in US Foods in the 3rd quarter valued at $39,000. MAI Capital Management grew its position in US Foods by 155.6% in the second quarter. MAI Capital Management now owns 529 shares of the company’s stock valued at $41,000 after acquiring an additional 322 shares during the period. Finally, Quent Capital LLC acquired a new position in US Foods during the third quarter worth $43,000. Institutional investors own 98.76% of the company’s stock.

Analyst Upgrades and Downgrades

USFD has been the topic of several analyst reports. Guggenheim upped their target price on shares of US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. BTIG Research raised their price objective on shares of US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $106.00 target price on shares of US Foods in a research note on Friday, February 13th. Finally, Wells Fargo & Company increased their price target on US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $107.33.

US Foods Price Performance

Shares of USFD stock opened at $96.64 on Friday. US Foods Holding Corp. has a 1 year low of $57.36 and a 1 year high of $102.13. The company has a current ratio of 1.16, a quick ratio of 0.68 and a debt-to-equity ratio of 1.18. The firm’s 50 day moving average is $83.24 and its 200-day moving average is $78.67. The firm has a market capitalization of $21.31 billion, a price-to-earnings ratio of 32.87, a PEG ratio of 1.18 and a beta of 1.02.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $9.80 billion during the quarter, compared to analysts’ expectations of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. US Foods’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts forecast that US Foods Holding Corp. will post 3.59 EPS for the current fiscal year.

Insider Activity

In related news, insider James David Works, Jr. sold 65,737 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total value of $6,344,935.24. Following the transaction, the insider owned 88,176 shares in the company, valued at $8,510,747.52. This trade represents a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

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.