United Natural Foods (NYSE:UNFI) Price Target Raised to $52.00

United Natural Foods (NYSE:UNFI) had its price target upped by BMO Capital Markets from $48.00 to $52.00 in a research note published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Wells Fargo & Company dropped their target price on shares of United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. Roth Mkm reissued a “neutral” rating and set a $35.00 price target on shares of United Natural Foods in a research note on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of United Natural Foods in a report on Friday, January 9th. Zacks Research cut shares of United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $40.00 price objective on United Natural Foods in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $41.63.

United Natural Foods Price Performance

Shares of UNFI stock opened at $41.67 on Wednesday. United Natural Foods has a 52 week low of $20.78 and a 52 week high of $43.29. The stock has a market capitalization of $2.53 billion, a PE ratio of -32.05 and a beta of 1.00. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.50 and a current ratio of 1.33. The stock’s fifty day moving average is $37.46 and its 200-day moving average is $35.81.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.11. The business had revenue of $7.95 billion during the quarter, compared to analysts’ expectations of $8.11 billion. United Natural Foods had a positive return on equity of 6.05% and a negative net margin of 0.25%.The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.22 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Equities research analysts expect that United Natural Foods will post 0.76 EPS for the current fiscal year.

Insider Activity

In related news, insider Louis Anthony Martin sold 9,439 shares of United Natural Foods stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $34.67, for a total transaction of $327,250.13. Following the completion of the sale, the insider directly owned 81,234 shares of the company’s stock, valued at $2,816,382.78. The trade was a 10.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Richard Eric Esper sold 4,261 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $33.08, for a total value of $140,953.88. Following the completion of the sale, the chief accounting officer owned 37,369 shares of the company’s stock, valued at $1,236,166.52. This represents a 10.24% decrease in their position. The SEC filing for this sale provides additional information. 2.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Natural Foods

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake 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 acquiring an additional 285 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position 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 acquiring an additional 289 shares during the period. Optimize Financial Inc boosted its stake in 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 acquiring an additional 300 shares during the last quarter. Arax Advisory Partners grew its holdings in United Natural Foods by 37.4% during the fourth quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock valued at $37,000 after purchasing an additional 300 shares during the period. Finally, Counterpoint Mutual Funds LLC grew its holdings in United Natural Foods by 1.1% during the third quarter. Counterpoint Mutual Funds LLC now owns 28,948 shares of the company’s stock valued at $1,089,000 after purchasing an additional 320 shares during the period. 87.63% of the stock is currently owned by institutional investors and hedge funds.

United Natural Foods Company 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.