Reliant Investment Partners LLC Invests $992,000 in US Foods Holding Corp. $USFD

Reliant Investment Partners LLC purchased a new position in shares of US Foods Holding Corp. (NYSE:USFD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,705 shares of the company’s stock, valued at approximately $992,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of US Foods by 47.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,928 shares of the company’s stock valued at $8,129,000 after buying an additional 34,814 shares in the last quarter. Fifth Third Bancorp raised its position in US Foods by 2,548.1% in the first quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock worth $6,952,000 after acquiring an additional 72,545 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in US Foods in the fourth quarter valued at $4,221,000. Premier Fund Managers Ltd acquired a new stake in US Foods in the fourth quarter valued at $23,818,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of US Foods by 9,713.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company’s stock worth $114,659,000 after purchasing an additional 1,230,785 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Up 0.8%

USFD opened at $108.37 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The company has a market cap of $23.44 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.37 and a beta of 0.81. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. The business’s fifty day moving average is $100.64 and its two-hundred day moving average is $93.63.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts anticipate that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

Insider Transactions at US Foods

In related news, insider Randy J. Taylor sold 11,630 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the sale, the insider directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider owned 101,144 shares of the company’s stock, valued at $10,952,883.76. This trade represents a 17.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on USFD. Wells Fargo & Company upped their price target on shares of US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Guggenheim raised their price objective on shares of US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. TD Cowen boosted their price objective on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Weiss Ratings restated a “buy (b)” rating on shares of US Foods in a research report on Wednesday, July 29th. Finally, UBS Group increased their target price on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.92.

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.