11,651 US Foods Holding Corp. $USFD Shares Purchased by Sterling Capital Management LLC

Sterling Capital Management LLC grew its holdings in shares of US Foods Holding Corp. (NYSE:USFD) by 144.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,709 shares of the company’s stock after acquiring an additional 11,651 shares during the quarter. Sterling Capital Management LLC’s holdings in US Foods were worth $1,817,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Keating Financial Advisory Services Inc. purchased a new stake in shares of US Foods in the 2nd quarter valued at $27,000. Elevation Wealth Partners LLC raised its position in US Foods by 131.7% in the 3rd quarter. Elevation Wealth Partners LLC now owns 292 shares of the company’s stock worth $27,000 after purchasing an additional 166 shares during the period. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in US Foods in the 2nd quarter worth $28,000. Burkett Financial Services LLC purchased a new position in US Foods in the 3rd quarter worth $30,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in US Foods in the second quarter worth $39,000. 98.76% of the stock is currently owned by institutional investors.

Insider Transactions at US Foods

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Randy J. Taylor sold 11,630 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the transaction, the insider directly owned 73,618 shares of the company’s stock, valued at approximately $8,125,218.66. This trade represents a 13.64% 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 insiders.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Morgan Stanley boosted their price target on shares of US Foods from $107.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 15th. Guggenheim raised their price objective on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company lifted their price objective on US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Piper Sandler boosted their target price on US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Finally, BMO Capital Markets restated an “outperform” rating and set a $120.00 target price on shares of US Foods in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and a consensus target price of $114.85.

US Foods Stock Up 0.0%

Shares of NYSE USFD opened at $100.96 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.19. US Foods Holding Corp. has a 52 week low of $69.88 and a 52 week high of $111.42. The firm’s fifty day moving average is $99.98 and its 200 day moving average is $95.84. The company has a market cap of $21.84 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 1.28 and a beta of 0.86.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The company had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.19 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts expect that US Foods Holding Corp. will post 4.45 earnings per share for the current year.

About US Foods

US Foods Holding Corp. is a leading foodservice distributor serving restaurants, health care and hospitality organizations, educational institutions, government facilities and other commercial customers across the United States. Through its distribution network, the company delivers food, beverages, equipment and related supplies to professional foodservice operators.

The company offers a broad selection of fresh and frozen foods, dry groceries, beverages, meat, seafood, produce, dairy products and disposable supplies.