50,672 Shares in United Natural Foods, Inc. $UNFI Acquired by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP acquired 50,672 UNFI shares worth approximately $2.3 million, giving it a 0.08% stake. Institutional investors and hedge funds collectively own 87.63% of the company.
• Analysts remain cautious, with two Buy ratings, six Holds and one Sell; the stock carries a consensus Hold rating and an average price target of $47.86.
• United Natural Foods reported quarterly revenue of $7.72 billion and EPS of $0.77, both below expectations, while revenue declined 4.2% year over year. Shares opened at $44.45, within a 52-week range of $27.92 to $57.02.

Corient Private Wealth LP 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,672 shares of the company's stock, valued at approximately $2,314,000. Corient Private Wealth LP owned approximately 0.08% of United Natural Foods as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new stake in shares of United Natural Foods during the 4th quarter worth $26,000. Global Retirement Partners LLC acquired a new stake in shares of United Natural Foods during the second quarter worth $26,000. Quarry LP purchased a new stake in shares of United Natural Foods during the third quarter valued at $29,000. Larson Financial Group LLC lifted its holdings in shares of United Natural Foods by 4,266.7% during the third quarter. Larson Financial Group LLC now owns 786 shares of the company's stock valued at $30,000 after purchasing an additional 768 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of United Natural Foods in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 87.63% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wall Street Zen cut United Natural Foods from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Roth Capital reaffirmed a "neutral" rating and set a $43.00 price objective on shares of United Natural Foods in a research note on Wednesday, June 10th. Zacks Research cut shares of United Natural Foods from a "strong-buy" rating to a "hold" rating in a report on Monday, August 3rd. UBS Group lifted their target price on shares of United Natural Foods from $44.00 to $47.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 10th. Finally, BMO Capital Markets restated an "outperform" rating and set a $56.00 price target on shares of United Natural Foods in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $47.86.

United Natural Foods Stock Performance

Shares of UNFI stock opened at $44.45 on Thursday. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of -67.35 and a beta of 0.80. United Natural Foods, Inc. has a 1-year low of $27.92 and a 1-year high of $57.02. The company has a current ratio of 1.33, a quick ratio of 0.51 and a debt-to-equity ratio of 1.04. The stock's fifty day simple moving average is $47.89 and its 200-day simple moving average is $46.77.

United Natural Foods (NYSE:UNFI - Get Free Report) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $7.79 billion. During the same period in the prior year, the company posted $0.44 earnings per share. The firm's revenue was down 4.2% on a year-over-year basis. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, sell-side analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Mark Bushway sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $51.56, for a total value of $515,600.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is owned by company insiders.

About United Natural Foods

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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