Sanctuary Advisors LLC Makes New Investment in United Natural Foods, Inc. $UNFI

Sanctuary Advisors LLC acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 54,579 shares of the company’s stock, valued at approximately $2,493,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brighton Jones LLC acquired a new stake in United Natural Foods during the fourth quarter worth about $656,000. AQR Capital Management LLC lifted its holdings in United Natural Foods by 52.5% in the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock valued at $3,064,000 after acquiring an additional 38,504 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of United Natural Foods by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock worth $962,000 after purchasing an additional 1,703 shares during the period. Millennium Management LLC grew its stake in shares of United Natural Foods by 58.1% during the 1st quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after purchasing an additional 122,412 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of United Natural Foods by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock valued at $17,132,000 after purchasing an additional 58,705 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

Insiders Place Their Bets

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total transaction of $515,600.00. Following the transaction, the insider directly owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.40% of the company’s stock.

United Natural Foods Stock Down 1.9%

United Natural Foods stock opened at $47.61 on Wednesday. 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 has a market capitalization of $2.88 billion, a PE ratio of -72.14 and a beta of 0.84. The business has a 50 day simple moving average of $48.54 and a 200-day simple moving average of $46.53. United Natural Foods, Inc. has a 12 month low of $27.21 and a 12 month high of $57.02.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on UNFI shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research note on Monday, July 6th. BMO Capital Markets restated an “outperform” rating and set a $56.00 price target on shares of United Natural Foods in a research report 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. Roth Capital reiterated a “neutral” rating and issued a $43.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $47.00 target price 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $47.86.

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.