United Natural Foods, Inc. $UNFI Shares Acquired by Invesco Ltd.

Invesco Ltd. lifted its stake in shares of United Natural Foods, Inc. (NYSE:UNFI) by 20.7% during the second quarter, Holdings Channel reports. The fund owned 2,544,315 shares of the company’s stock after acquiring an additional 436,680 shares during the period. Invesco Ltd.’s holdings in United Natural Foods were worth $59,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd grew its position in shares of United Natural Foods by 1,672.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 975 shares of the company’s stock worth $27,000 after buying an additional 920 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in United Natural Foods by 88.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock worth $25,000 after acquiring an additional 505 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in United Natural Foods during the 2nd quarter worth approximately $66,000. National Bank of Canada FI increased its holdings in United Natural Foods by 560.8% in the first quarter. National Bank of Canada FI now owns 3,654 shares of the company’s stock valued at $100,000 after buying an additional 3,101 shares during the last quarter. Finally, Magnetar Financial LLC purchased a new position in shares of United Natural Foods in the 1st quarter valued at about $211,000. 87.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNFI. Roth Capital boosted their target price on United Natural Foods from $25.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, October 1st. The Goldman Sachs Group raised their price objective on shares of United Natural Foods from $29.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, October 1st. Jefferies Financial Group boosted their target price on shares of United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, October 1st. BMO Capital Markets raised their price objective on United Natural Foods from $36.00 to $48.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research report on Tuesday, October 14th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $36.10.

Insider Activity

In related news, insider Danielle Benedict sold 11,655 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total value of $411,538.05. Following the sale, the insider directly owned 89,544 shares of the company’s stock, valued at $3,161,798.64. This represents a 11.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.40% of the company’s stock.

United Natural Foods Stock Performance

United Natural Foods stock opened at $31.42 on Thursday. The stock’s 50-day moving average is $38.21 and its 200-day moving average is $30.82. The company has a market cap of $1.91 billion, a price-to-earnings ratio of -18.92 and a beta of 0.82. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.38 and a quick ratio of 0.50. United Natural Foods, Inc. has a 12 month low of $20.78 and a 12 month high of $43.29.

United Natural Foods (NYSE:UNFI) last released its quarterly earnings data on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.17. United Natural Foods had a negative net margin of 0.32% and a positive return on equity of 4.35%. The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. During the same period in the previous year, the firm earned $0.16 earnings per share. United Natural Foods’s revenue for the quarter was down .4% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Equities analysts anticipate that United Natural Foods, Inc. will post 0.76 earnings per share for the current year.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.