Chilton Investment Co. Inc. grew its stake in UniFirst Corporation (NYSE:UNF – Free Report) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,750 shares of the textile maker’s stock after acquiring an additional 4,350 shares during the period. Chilton Investment Co. Inc. owned 0.12% of UniFirst worth $3,636,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Quantbot Technologies LP bought a new position in UniFirst in the 3rd quarter worth approximately $1,597,000. AlphaQuest LLC boosted its position in UniFirst by 181.2% in the 3rd quarter. AlphaQuest LLC now owns 21,311 shares of the textile maker’s stock valued at $3,563,000 after buying an additional 13,732 shares during the last quarter. TimesSquare Capital Management LLC bought a new position in UniFirst in the 3rd quarter valued at $18,177,000. Vest Financial LLC increased its stake in shares of UniFirst by 93.0% in the 3rd quarter. Vest Financial LLC now owns 20,507 shares of the textile maker’s stock valued at $3,429,000 after buying an additional 9,881 shares during the period. Finally, Engine Capital Management LP acquired a new stake in shares of UniFirst in the 2nd quarter valued at $11,688,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at UniFirst
In related news, VP David Martin Katz sold 1,464 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $237.54, for a total value of $347,758.56. Following the sale, the vice president directly owned 6,461 shares in the company, valued at $1,534,745.94. This trade represents a 18.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.86% of the stock is currently owned by company insiders.
UniFirst Stock Up 0.1%
UniFirst (NYSE:UNF – Get Free Report) last announced its quarterly earnings data on Wednesday, January 7th. The textile maker reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.16). The company had revenue of $621.32 million for the quarter, compared to analyst estimates of $615.23 million. UniFirst had a return on equity of 6.68% and a net margin of 5.70%.The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $2.31 earnings per share. UniFirst has set its FY 2026 guidance at 6.580-6.980 EPS. Research analysts anticipate that UniFirst Corporation will post 7.71 earnings per share for the current fiscal year.
UniFirst Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be paid a $0.365 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 0.5%. UniFirst’s dividend payout ratio is 19.31%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on UNF shares. Zacks Research raised UniFirst from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Robert W. Baird set a $198.00 price objective on UniFirst in a research report on Thursday, January 8th. UBS Group boosted their price objective on UniFirst from $182.00 to $206.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Barclays upped their target price on shares of UniFirst from $250.00 to $280.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of UniFirst in a research note on Wednesday, January 21st. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $214.75.
Get Our Latest Analysis on UNF
UniFirst Company Profile
UniFirst Corporation (NYSE: UNF) is a leading provider of customized uniform rental and facility service programs in North America and Europe. The company specializes in the rental, laundering and maintenance of workwear, corporate apparel and protective garments for a broad range of industries, including manufacturing, automotive, hospitality, healthcare and food processing. UniFirst also offers a suite of facility service products such as entrance mats, restroom supplies, wipers, mops and hygienic services designed to help customers maintain clean and safe environments.
In addition to its core uniform rental business, UniFirst has expanded its product portfolio to include safety and first-responder gear, flame-resistant clothing, high-visibility apparel and personal protective equipment (PPE).
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