Baird Financial Group Inc. Makes New Investment in US Foods Holding Corp. $USFD

Baird Financial Group Inc. acquired a new stake in US Foods Holding Corp. (NYSE:USFD) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 171,096 shares of the company’s stock, valued at approximately $17,495,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Keating Financial Advisory Services Inc. acquired a new position in shares of US Foods during the 2nd quarter worth approximately $27,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of US Foods during the 2nd quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in US Foods in the 3rd quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in US Foods in the 2nd quarter valued at $39,000. Finally, Geneos Wealth Management Inc. increased its holdings in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Randy J. Taylor sold 11,630 shares of the business’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 in the company, valued at approximately $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider William Spencer Hancock sold 21,754 shares of the company’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 sale, the insider directly owned 101,144 shares of the company’s stock, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on USFD. BTIG Research upped their price objective on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Wall Street Zen upgraded shares of US Foods from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Morgan Stanley set a $107.00 target price on shares of US Foods in a research note on Friday, August 7th. Guggenheim upped their price target on shares of US Foods from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, UBS Group raised their price target on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average price target of $113.92.

US Foods Stock Down 0.6%

NYSE USFD opened at $95.44 on Friday. The business has a fifty day moving average price of $103.09 and a 200 day moving average price of $94.90. 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 $20.65 billion, a P/E ratio of 29.37, a P/E/G ratio of 1.22 and a beta of 0.82. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42.

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

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.