130,250 Shares in United Natural Foods, Inc. $UNFI Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new position in shares of United Natural Foods, Inc. (NYSE:UNFI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 130,250 shares of the company’s stock, valued at approximately $5,949,000.

Other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in shares of United Natural Foods in the second quarter valued at $26,000. Cullen Frost Bankers Inc. purchased a new position in United Natural Foods in the fourth quarter valued at $26,000. Quarry LP acquired a new position in United Natural Foods during the 3rd quarter worth $29,000. Larson Financial Group LLC grew its stake in United Natural Foods by 4,266.7% during the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after purchasing an additional 768 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in United Natural Foods during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

United Natural Foods Stock Up 0.2%

United Natural Foods stock opened at $48.14 on Monday. The stock has a market cap of $2.91 billion, a PE ratio of -72.94 and a beta of 0.84. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. The stock’s fifty day moving average is $48.61 and its two-hundred day moving average is $46.41. United Natural Foods, Inc. has a 1-year low of $26.76 and a 1-year high of $57.02.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period in the prior year, the company posted $0.44 earnings per share. The company’s revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, sell-side analysts expect that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total transaction of $515,600.00. Following the completion of the sale, the insider owned 51,119 shares in the company, valued at $2,635,695.64. The trade was a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

UNFI has been the topic of a number of analyst reports. UBS Group increased their price target on United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Roth Capital reissued a “neutral” rating and set a $43.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. The Goldman Sachs Group restated a “neutral” rating and set a $47.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $56.00 price target on shares of United Natural Foods in a research note on Wednesday, June 10th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $47.86.

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.