Norges Bank Acquires Shares of 2,560,390 US Foods Holding Corp. $USFD

Norges Bank acquired a new stake in shares of US Foods Holding Corp. (NYSE:USFD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,560,390 shares of the company’s stock, valued at approximately $192,849,000. Norges Bank owned 1.15% of US Foods as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USFD. Measured Wealth Private Client Group LLC bought a new position in shares of US Foods during the third quarter valued at $26,000. Steph & Co. bought a new stake in shares of US Foods during the fourth quarter worth $34,000. Geneos Wealth Management Inc. grew its holdings in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of US Foods during the third quarter worth $49,000. Finally, V Square Quantitative Management LLC bought a new stake in shares of US Foods during the fourth quarter worth $73,000. 98.76% of the stock is owned by institutional investors.

US Foods Trading Up 2.9%

Shares of USFD opened at $83.09 on Thursday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. US Foods Holding Corp. has a 12-month low of $69.88 and a 12-month high of $102.13. The firm has a market capitalization of $18.30 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 1.01 and a beta of 0.83. The stock’s fifty day simple moving average is $87.93 and its 200-day simple moving average is $85.09.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. During the same period last year, the company earned $0.68 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts predict that US Foods Holding Corp. will post 4.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Morgan Stanley set a $94.00 target price on US Foods and gave the stock a “mixed” rating in a report on Friday, February 13th. Zacks Research cut US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. JPMorgan Chase & Co. decreased their target price on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Guggenheim increased their target price on US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Barclays increased their target price on US Foods from $90.00 to $104.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.50.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.