US Foods (NYSE:USFD) Reaches New 1-Year High – Here’s What Happened

US Foods Holding Corp. (NYSE:USFD) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $111.52 and last traded at $110.8780, with a volume of 1,934,416 shares traded. The stock had previously closed at $101.36.

Analyst Ratings Changes

Several equities research analysts have recently commented on USFD shares. BMO Capital Markets restated an “outperform” rating and issued a $120.00 price target on shares of US Foods in a report on Friday, August 7th. UBS Group boosted their price objective on shares of US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Citigroup increased their price target on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, August 7th. BTIG Research boosted their target price 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. Finally, Piper Sandler increased their price target on shares of US Foods from $88.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the 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 Trading Up 8.5%

The business has a 50 day moving average price of $99.27 and a 200-day moving average price of $94.64. The firm has a market capitalization of $23.80 billion, a PE ratio of 33.85, a P/E/G ratio of 1.34 and a beta of 0.87. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19.

US Foods (NYSE:USFD) last released 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. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. During the same period last year, the business earned $1.19 EPS. The business’s 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. Analysts expect that US Foods Holding Corp. will post 4.45 earnings per share for the current year.

Insider Buying and Selling at US Foods

In other news, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction that occurred on 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 completion of the transaction, the insider 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 is accessible through this link. Also, insider William Spencer Hancock sold 21,754 shares of the 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 completion of the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. The trade was a 17.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

Several hedge funds and other institutional investors have recently bought and sold shares of USFD. BlackRock Inc. acquired a new position in US Foods during the 2nd quarter worth approximately $2,131,439,000. Wellington Management Group LLP boosted its stake in US Foods by 46.1% during the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock valued at $2,352,760,000 after purchasing an additional 7,259,357 shares during the last quarter. Primecap Management Co. CA bought a new stake in US Foods during the 2nd quarter worth approximately $406,997,000. Deutsche Bank AG purchased a new stake in shares of US Foods in the second quarter worth approximately $141,394,000. Finally, Bank of America Corp DE bought a new position in shares of US Foods in the second quarter valued at approximately $137,423,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.