Baird Financial Group Inc. Buys Shares of 171,096 US Foods Holding Corp. $USFD

Key Points

• Baird Financial Group purchased 171,096 shares of US Foods worth approximately $17.5 million, while institutional investors collectively own 98.76% of the company.
• Analysts maintain a favorable outlook, with 11 Buy ratings and four Holds; US Foods has an average “Moderate Buy” rating and a consensus price target of $113.92.
• US Foods exceeded quarterly expectations, reporting $1.44 in EPS versus $1.36 expected and $10.53 billion in revenue, up 4.5% year over year. Two insiders subsequently sold shares worth a combined approximately $3.64 million.

Baird Financial Group Inc. purchased a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 171,096 shares of the company's stock, valued at approximately $17,495,000. Baird Financial Group Inc. owned approximately 0.08% of US Foods as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of USFD. Measured Wealth Private Client Group LLC bought a new position in US Foods in the third quarter worth approximately $26,000. Keating Financial Advisory Services Inc. bought a new stake in US Foods during the 2nd quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in US Foods during the 2nd quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of US Foods in the 4th quarter valued at $36,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock valued at $37,000 after acquiring an additional 263 shares during the period. Hedge funds and other institutional investors own 98.76% of the company's stock.

Analysts Set New Price Targets

USFD has been the subject of a number of analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of US Foods in a research note on Wednesday, July 29th. BMO Capital Markets reiterated an "outperform" rating and issued a $120.00 target price on shares of US Foods in a research note on Friday, August 7th. Guggenheim boosted their target price on shares of US Foods from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Zacks Research raised shares of US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Finally, Morgan Stanley set a $107.00 price target on shares of US Foods in a report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $113.92.

US Foods Price Performance

Shares of NYSE USFD opened at $95.44 on Friday. 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 PE ratio of 29.37, a P/E/G ratio of 1.22 and a beta of 0.82. The business has a 50-day simple moving average of $103.09 and a two-hundred day simple moving average of $94.90. US Foods Holding Corp. has a fifty-two week low of $69.88 and a fifty-two week high of $111.42.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities analysts expect that US Foods Holding Corp. will post 4.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider owned 101,144 shares of the company's stock, valued at approximately $10,952,883.76. The trade was a 17.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 value of $1,283,603.10. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.74% of the company's stock.

US Foods Company Profile

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.

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