California State Teachers Retirement System Grows Stake in US Foods Holding Corp. $USFD

California State Teachers Retirement System grew its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 9,910.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,117,104 shares of the company's stock after purchasing an additional 25,856,195 shares during the quarter. California State Teachers Retirement System owned 12.07% of US Foods worth $2,670,474,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of US Foods during the 2nd quarter valued at about $2,131,439,000. Wellington Management Group LLP lifted its position in US Foods by 46.1% during the 2nd quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company's stock worth $2,352,760,000 after acquiring an additional 7,259,357 shares in the last quarter. Primecap Management Co. CA purchased a new position in US Foods in the 2nd quarter worth approximately $406,997,000. Price T Rowe Associates Inc. MD boosted its holdings in US Foods by 412.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company's stock worth $313,755,000 after acquiring an additional 3,353,396 shares during the period. Finally, Bank of Montreal Can grew its position in US Foods by 8,056.1% in the fourth quarter. Bank of Montreal Can now owns 2,866,721 shares of the company's stock valued at $215,921,000 after acquiring an additional 2,831,573 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Price Performance

Shares of NYSE USFD opened at $96.21 on Friday. US Foods Holding Corp. has a twelve month low of $69.88 and a twelve month high of $111.42. The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.24 and a beta of 0.82. The business has a 50 day simple moving average of $103.26 and a 200-day simple moving average of $94.90.

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

Insiders Place Their Bets

In other news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated 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 completion of the transaction, the insider directly 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 transaction of $1,283,603.10. Following the sale, the insider directly owned 73,618 shares of the company's stock, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their position. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

USFD has been the topic of a number of analyst reports. UBS Group lifted their price objective on shares of US Foods from $117.00 to $127.00 and gave the company a "buy" rating in a research note on Friday, August 7th. BMO Capital Markets restated an "outperform" rating and issued a $120.00 target price on shares of US Foods in a research note on Friday, August 7th. Guggenheim upped their target price on shares of US Foods from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Morgan Stanley set a $107.00 price target on shares of US Foods in a report on Friday, August 7th. Finally, BTIG Research lifted their price target on shares of US Foods from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of "Moderate Buy" and an average target price of $113.92.

US Foods 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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