185,483 Shares in United Natural Foods, Inc. $UNFI Bought by Hennessy Advisors Inc.

Key Points

• Hennessy Advisors acquired 185,483 United Natural Foods shares worth approximately $8.47 million, giving it a 0.31% stake. Institutional investors collectively own 87.63% of UNFI.
• Analyst sentiment remains cautious: UNFI has an average rating of “Hold” and a consensus price target of $47.86, with ratings ranging from Sell to Outperform.
• UNFI reported quarterly EPS of $0.77, below the $0.81 consensus estimate, while revenue fell 4.2% year over year to $7.72 billion. The company maintained fiscal 2026 EPS guidance of $2.40–$2.60.

Hennessy Advisors Inc. acquired a new stake in shares of United Natural Foods, Inc. (NYSE:UNFI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 185,483 shares of the company's stock, valued at approximately $8,471,000. Hennessy Advisors Inc. owned 0.31% of United Natural Foods as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of UNFI. BlackRock Inc. bought a new stake in shares of United Natural Foods in the 2nd quarter valued at $477,650,000. SG Americas Securities LLC lifted its holdings in United Natural Foods by 155.1% during the first quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company's stock worth $78,047,000 after acquiring an additional 1,053,081 shares in the last quarter. Wellington Management Group LLP grew its stake in United Natural Foods by 85.7% in the second quarter. Wellington Management Group LLP now owns 1,542,662 shares of the company's stock valued at $70,453,000 after acquiring an additional 711,913 shares during the period. Empowered Funds LLC bought a new stake in shares of United Natural Foods in the second quarter worth about $19,262,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of United Natural Foods during the second quarter worth about $18,672,000. Institutional investors own 87.63% of the company's stock.

Insider Buying and Selling

In other United Natural Foods news, insider Mark Bushway sold 10,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total value of $515,600.00. Following the transaction, the insider directly owned 51,119 shares of the company's stock, valued at $2,635,695.64. This represents a 16.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on UNFI shares. Zacks Research downgraded shares of United Natural Foods from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 3rd. Wall Street Zen lowered shares of United Natural Foods from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. The Goldman Sachs Group reiterated a "neutral" rating and set a $47.00 target price on shares of United Natural Foods in a report on Wednesday, June 10th. UBS Group lifted their price target on United Natural Foods from $44.00 to $47.00 and gave the company a "neutral" rating in a research note on Wednesday, June 10th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $56.00 price objective on shares of United Natural Foods in a research report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $47.86.

United Natural Foods Stock Performance

UNFI opened at $45.99 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. United Natural Foods, Inc. has a 12-month low of $27.63 and a 12-month high of $57.02. The business has a 50 day moving average of $48.31 and a 200-day moving average of $46.63. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of -69.68 and a beta of 0.84.

United Natural Foods (NYSE:UNFI - Get Free Report) last posted its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share for the quarter, missing analysts' consensus estimates of $0.81 by ($0.04). United Natural Foods had a positive return on equity of 7.42% and a negative net margin of 0.12%.The business had revenue of $7.72 billion for the quarter, compared to analyst estimates of $7.79 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The firm's revenue was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, equities research analysts expect that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

United Natural Foods 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source