US Foods Holding Corp. $USFD Position Increased by California State Teachers Retirement System

California State Teachers Retirement System boosted its stake in shares of US Foods Holding Corp. (NYSE:USFD) by 9,910.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,117,104 shares of the company’s stock after purchasing an additional 25,856,195 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of US Foods worth $2,670,474,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wedmont Private Capital increased its position in US Foods by 7.2% in the second quarter. Wedmont Private Capital now owns 4,049 shares of the company’s stock worth $409,000 after buying an additional 273 shares during the period. HB Wealth Management LLC boosted its holdings in shares of US Foods by 17.4% during the second quarter. HB Wealth Management LLC now owns 11,462 shares of the company’s stock valued at $1,172,000 after acquiring an additional 1,700 shares during the period. Nilsine Partners LLC boosted its holdings in shares of US Foods by 3.0% during the second quarter. Nilsine Partners LLC now owns 15,603 shares of the company’s stock valued at $1,595,000 after acquiring an additional 453 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of US Foods by 6.9% during the second quarter. Angeles Wealth Management LLC now owns 3,612 shares of the company’s stock valued at $369,000 after acquiring an additional 234 shares during the period. Finally, Compass Financial Management LLC bought a new position in shares of US Foods during the second quarter worth about $146,000. 98.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of 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. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.74% of the stock is currently owned by insiders.

US Foods Price Performance

NYSE USFD opened at $96.21 on Friday. US Foods Holding Corp. has a 12 month low of $69.88 and a 12 month high of $111.42. The firm has a market capitalization of $20.81 billion, a PE ratio of 29.60, a P/E/G ratio of 1.24 and a beta of 0.82. The company’s 50 day simple moving average is $103.26 and its 200 day simple moving average is $94.90. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.

US Foods (NYSE:USFD) last released its earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on USFD shares. Wall Street Zen raised shares of US Foods from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. Citigroup upped their target price on shares of US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Morgan Stanley set a $107.00 price target on shares of US Foods in a research note on Friday, August 7th. Finally, Wells Fargo & Company raised their price target on shares of US Foods from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, US Foods has an average rating of “Moderate Buy” and a consensus price target of $113.92.

About US Foods

US Foods Holding Corp. (NYSE: USFD) is a major foodservice distributor serving restaurants and other food-away-from-home businesses across the United States. The company supplies independent and multi-unit restaurants, healthcare organizations, hospitality businesses, educational institutions, government facilities and other commercial customers.

Its product portfolio includes fresh produce, meat and seafood, dairy products, frozen and dry groceries, beverages, ingredients, disposable supplies, kitchen equipment and other foodservice-related products.