408,839 Shares in United Natural Foods, Inc. $UNFI Purchased by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon purchased 408,839 shares of United Natural Foods in the second quarter, worth approximately $18.7 million and representing a 0.68% stake. Institutional investors and hedge funds collectively own 87.63% of UNFI.
• UNFI shares opened at $43.92 after falling 4.1%; the company reported quarterly EPS of $0.77, below the $0.81 analyst consensus, while revenue declined 4.2% year over year to $7.72 billion.
• Analyst sentiment remains mixed, with an overall “Hold” rating and an average price target of $47.86. The company issued fiscal 2026 EPS guidance of $2.40–$2.60, while an insider recently sold 10,000 shares.

Bank of New York Mellon Corp purchased a new stake in United Natural Foods, Inc. (NYSE:UNFI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 408,839 shares of the company's stock, valued at approximately $18,672,000. Bank of New York Mellon Corp owned 0.68% of United Natural Foods as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in UNFI. State Street Corp raised its holdings in United Natural Foods by 1.0% during the fourth quarter. State Street Corp now owns 2,389,186 shares of the company's stock worth $80,444,000 after purchasing an additional 23,967 shares in the last quarter. SG Americas Securities LLC boosted its holdings in United Natural Foods by 155.1% in the 1st quarter. SG Americas Securities LLC now owns 1,732,060 shares of the company's stock valued at $78,047,000 after purchasing an additional 1,053,081 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of United Natural Foods by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 1,468,591 shares of the company's stock worth $49,456,000 after buying an additional 41,674 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of United Natural Foods by 40.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company's stock valued at $48,922,000 after buying an additional 374,487 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in United Natural Foods by 11.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,119,773 shares of the company's stock worth $37,703,000 after acquiring an additional 117,717 shares during the period. 87.63% of the stock is owned by institutional investors and hedge funds.

United Natural Foods Trading Down 4.1%

Shares of UNFI stock opened at $43.92 on Tuesday. The firm's 50-day simple moving average is $48.16 and its 200-day simple moving average is $46.72. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.33 and a quick ratio of 0.51. United Natural Foods, Inc. has a 1-year low of $27.63 and a 1-year high of $57.02. The firm has a market cap of $2.66 billion, a P/E ratio of -66.55 and a beta of 0.84.

United Natural Foods (NYSE:UNFI - Get Free Report) last released its earnings results on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by ($0.04). United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The company had revenue of $7.72 billion during the quarter, compared to analysts' expectations of $7.79 billion. During the same quarter in the previous year, the firm posted $0.44 earnings per share. United Natural Foods's revenue for the quarter 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. As a group, equities analysts forecast that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Buying and Selling at United Natural Foods

In other news, insider Mark Bushway sold 10,000 shares of the stock in a transaction dated 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 sale, the insider owned 51,119 shares in the company, valued at approximately $2,635,695.64. This trade represents a 16.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wall Street Zen downgraded United Natural Foods from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $47.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. BMO Capital Markets reissued an "outperform" rating and set a $56.00 price objective on shares of United Natural Foods in a report on Wednesday, June 10th. Roth Capital restated a "neutral" rating and set a $43.00 target price on shares of United Natural Foods in a research report on Wednesday, June 10th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of United Natural Foods in a research report on Monday, July 6th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $47.86.

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.

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