United Natural Foods (NYSE:UNFI) Director James Pappas Purchases 15,000 Shares

United Natural Foods, Inc. (NYSE:UNFIGet Free Report) Director James Pappas bought 15,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was bought at an average price of $33.76 per share, for a total transaction of $506,400.00. Following the transaction, the director directly owned 192,178 shares of the company’s stock, valued at approximately $6,487,929.28. This represents a 8.47% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

United Natural Foods Trading Up 0.3%

NYSE UNFI traded up $0.11 during trading hours on Tuesday, reaching $33.38. The company’s stock had a trading volume of 307,440 shares, compared to its average volume of 867,567. The firm has a fifty day simple moving average of $35.40 and a 200-day simple moving average of $31.77. 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 52 week low of $20.78 and a 52 week high of $43.29. The stock has a market cap of $2.03 billion, a P/E ratio of -20.11 and a beta of 0.86.

United Natural Foods (NYSE:UNFIGet Free Report) last released its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.91 billion. During the same quarter last year, the firm earned $0.16 earnings per share. The company’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 forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UNFI has been the topic of a number of recent analyst reports. UBS Group boosted their price target on shares of United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” 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 company a “hold” rating in a report on Wednesday, October 1st. BMO Capital Markets reiterated an “outperform” rating on shares of United Natural Foods in a report on Thursday, December 11th. Zacks Research raised shares of United Natural Foods from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Finally, Roth Capital restated a “neutral” rating and issued a $35.00 price target on shares of United Natural Foods in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.00.

Read Our Latest Stock Report on UNFI

Institutional Trading of United Natural Foods

Several institutional investors and hedge funds have recently made changes to their positions in UNFI. Farther Finance Advisors LLC boosted its holdings in United Natural Foods by 88.3% during the second quarter. Farther Finance Advisors LLC now owns 1,077 shares of the company’s stock worth $25,000 after purchasing an additional 505 shares during the last quarter. Quarry LP purchased a new position in shares of United Natural Foods in the 3rd quarter worth approximately $29,000. Larson Financial Group LLC grew its holdings in shares of United Natural Foods by 4,266.7% in the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock valued at $30,000 after acquiring an additional 768 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in United Natural Foods by 84.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock worth $31,000 after acquiring an additional 609 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of United Natural Foods by 32.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,563 shares of the company’s stock worth $59,000 after purchasing an additional 379 shares during the period. Hedge funds and other institutional investors own 87.63% of the company’s stock.

United Natural Foods Company Profile

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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.

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