BlackRock Inc. Makes New Investment in US Foods Holding Corp. $USFD

Key Points

• BlackRock acquired 20.85 million US Foods shares worth approximately $2.13 billion, giving it a 9.47% stake in the company. Institutional investors collectively own 98.76% of US Foods.
• US Foods reported quarterly EPS of $1.44, beating estimates of $1.36, while revenue rose 4.5% year over year to $10.53 billion. The company provided fiscal 2026 EPS guidance of $4.696 to $4.935.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $113.92 target price; recent targets range from $107 to $120. Shares recently traded at $107.66, near their 52-week high of $111.42.

BlackRock Inc. bought a new stake in US Foods Holding Corp. (NYSE:USFD - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,845,367 shares of the company's stock, valued at approximately $2,131,439,000. BlackRock Inc. owned about 9.47% of US Foods as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in US Foods by 47.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,928 shares of the company's stock valued at $8,129,000 after acquiring an additional 34,814 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of US Foods by 2,548.1% in the first quarter. Fifth Third Bancorp now owns 75,392 shares of the company's stock worth $6,952,000 after purchasing an additional 72,545 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in shares of US Foods in the fourth quarter worth $4,221,000. Premier Fund Managers Ltd acquired a new position in shares of US Foods during the fourth quarter valued at $23,818,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of US Foods by 9,713.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company's stock valued at $114,659,000 after purchasing an additional 1,230,785 shares during the period. Institutional investors and hedge funds own 98.76% of the company's stock.

US Foods Stock Performance

Shares of USFD opened at $107.66 on Thursday. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. The company has a 50-day moving average of $100.30 and a two-hundred day moving average of $93.46. The stock has a market cap of $23.29 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.38 and a beta of 0.81. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts expect that US Foods Holding Corp. will post 4.35 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 the firm's stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider owned 73,618 shares of the company's stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on 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 transaction, the insider owned 101,144 shares in the company, valued at $10,952,883.76. This represents a 17.70% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is owned by insiders.

Wall Street Analyst Weigh In

USFD has been the subject of a number of research analyst reports. Piper Sandler upped their target price on US Foods from $88.00 to $108.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 12th. Zacks Research upgraded US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. BTIG Research boosted their price objective on US Foods from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Morgan Stanley set a $107.00 price objective on US Foods in a report on Friday, August 7th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $120.00 target price on shares of US Foods in a report on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.92.

US Foods Company Profile

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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