New York State Teachers Retirement System Lowers Stock Position in United Natural Foods, Inc. $UNFI

New York State Teachers Retirement System cut its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 15.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 74,795 shares of the company’s stock after selling 13,769 shares during the period. New York State Teachers Retirement System’s holdings in United Natural Foods were worth $3,370,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in shares of United Natural Foods in the 4th quarter valued at $656,000. SG Americas Securities LLC lifted its stake in shares of United Natural Foods by 12,660.4% during the 4th quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock worth $22,861,000 after purchasing an additional 673,658 shares during the last quarter. Quinn Opportunity Partners LLC lifted its stake in shares of United Natural Foods by 26.0% during the 3rd quarter. Quinn Opportunity Partners LLC now owns 126,000 shares of the company’s stock worth $4,740,000 after purchasing an additional 26,000 shares during the last quarter. Intech Investment Management LLC boosted its position in United Natural Foods by 312.3% during the fourth quarter. Intech Investment Management LLC now owns 159,123 shares of the company’s stock valued at $5,358,000 after purchasing an additional 120,525 shares in the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in United Natural Foods during the first quarter valued at about $1,217,000. 87.63% of the stock is owned by hedge funds and other institutional investors.

United Natural Foods News Roundup

Here are the key news stories impacting United Natural Foods this week:

• Positive Sentiment: UNFI announced leadership updates meant to accelerate its value creation strategy, improve operational execution, and sharpen accountability across the business. United Natural Foods Announces Leadership Updates to Accelerate Value Creation Strategy
• Positive Sentiment: The company’s senior leadership restructuring, including a new COO, suggests management is prioritizing stronger operations and commercial execution, which could help support profitability and margin improvement. UNFI names new COO as it shakes up C-suite
• Neutral Sentiment: UNFI was also added to the Russell 1000, which can increase visibility and index-related demand, but the direct operating impact is limited. Why Did United Natural Foods (NYSE:UNFI) Join Russell 1000?
• Neutral Sentiment: Recent commentary has focused on valuation and whether UNFI is still undervalued after a broker upgrade, but these pieces are more opinion-driven than clearly new catalysts. United Natural Foods (UNFI) On Broker Upgrade Is It Fully Valued Or Still Undervalued
• Negative Sentiment: UNFI is still being weighed by the market’s reaction to last month’s earnings report, which missed expectations and has left the stock down since that release. Why Is United Natural (UNFI) Down 6.7% Since Last Earnings Report?

United Natural Foods Stock Performance

UNFI opened at $47.90 on Friday. The company has a market cap of $2.90 billion, a P/E ratio of -72.58 and a beta of 0.83. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. The firm’s 50-day moving average price is $50.11 and its 200-day moving average price is $43.36. United Natural Foods, Inc. has a 52-week low of $22.85 and a 52-week high of $57.02.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The company had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.79 billion. United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, equities analysts anticipate that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UNFI has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a report on Monday. Deutsche Bank Aktiengesellschaft raised their price target on shares of United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, March 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $56.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. Roth Capital reiterated a “neutral” rating and set a $43.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $47.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.38.

Insiders Place Their Bets

In related news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. This represents a 4.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Bushway sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the transaction, the insider owned 51,119 shares of the company’s stock, valued at $2,635,695.64. This trade represents a 16.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.40% of the company’s stock.

United Natural Foods Company Profile

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.