Illinois Municipal Retirement Fund Sells 10,025 Shares of United Natural Foods, Inc. $UNFI

Illinois Municipal Retirement Fund decreased its position in United Natural Foods, Inc. (NYSE:UNFI) by 25.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,942 shares of the company’s stock after selling 10,025 shares during the period. Illinois Municipal Retirement Fund’s holdings in United Natural Foods were worth $1,304,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC purchased a new stake in shares of United Natural Foods during the fourth quarter valued at approximately $656,000. SG Americas Securities LLC boosted its position in United Natural Foods by 12,660.4% in the fourth quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock worth $22,861,000 after purchasing an additional 673,658 shares during the last quarter. Intech Investment Management LLC boosted its position in United Natural Foods by 312.3% in the fourth quarter. Intech Investment Management LLC now owns 159,123 shares of the company’s stock worth $5,358,000 after purchasing an additional 120,525 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in United Natural Foods in the 1st quarter valued at $1,217,000. Finally, Private Advisory Group LLC bought a new position in United Natural Foods in the 4th quarter valued at $1,046,000. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Insider Transactions at United Natural Foods

In other United Natural Foods news, insider Danielle Benedict sold 4,807 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total transaction of $249,964.00. Following the completion of the transaction, the insider owned 98,470 shares in the company, valued at $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of United Natural Foods stock in a transaction dated 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 transaction, the insider owned 51,119 shares of the company’s stock, valued at $2,635,695.64. The trade was a 16.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.40% of the company’s stock.

Wall Street Analysts Forecast Growth

UNFI has been the topic of a number of recent analyst reports. Roth Capital reiterated a “neutral” rating and set a $43.00 target price on shares of United Natural Foods in a research note on Wednesday, June 10th. Zacks Research upgraded shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. The Goldman Sachs Group restated a “neutral” rating and set a $47.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Wells Fargo & Company raised shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $56.00 in a research report on Thursday, March 26th. Finally, Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $47.86.

United Natural Foods Stock Performance

NYSE:UNFI opened at $50.03 on Thursday. The company has a market capitalization of $3.03 billion, a P/E ratio of -75.80 and a beta of 0.83. The business has a fifty day simple moving average of $49.78 and a two-hundred day simple moving average of $44.34. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a 1 year low of $24.88 and a 1 year high of $57.02.

United Natural Foods (NYSE:UNFI) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The firm had revenue of $7.72 billion for the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.44 EPS. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, analysts expect that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

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.