Jupiter Topco LLC Acquires Shares of 96,973 US Foods Holding Corp. $USFD

Key Points

• Jupiter Topco LLC acquired 96,973 US Foods shares worth approximately $9.92 million in the second quarter. Institutional investors collectively own 98.76% of the company.
• 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 stock recently traded at $107.33, near its 52-week high of $111.42.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $113.92, although two company insiders recently sold shares. Eleven analysts rate USFD a Buy, compared with four Holds.

Jupiter Topco LLC bought a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 96,973 shares of the company's stock, valued at approximately $9,920,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Hsbc Holdings PLC purchased a new position in shares of US Foods during the second quarter valued at about $903,000. Ancora Advisors LLC bought a new position in US Foods during the second quarter valued at approximately $96,000. Primecap Management Co. CA bought a new position in US Foods during the second quarter valued at approximately $406,997,000. Osterweis Capital Management Inc. purchased a new position in US Foods during the 2nd quarter valued at approximately $36,109,000. Finally, Legal & General Group Plc purchased a new position in US Foods during the 2nd quarter valued at approximately $32,394,000. Institutional investors own 98.76% of the company's stock.

US Foods Price Performance

NYSE:USFD opened at $107.33 on Monday. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 1.36 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. The business has a 50 day simple moving average of $102.50 and a 200-day simple moving average of $94.50. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $111.42.

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

Insider Activity

In related news, insider Randy J. Taylor sold 11,630 shares of the firm'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 transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $2,355,740.66. Following the sale, the insider owned 101,144 shares of the company's stock, valued at $10,952,883.76. The trade was a 17.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.74% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on USFD shares. Piper Sandler upped their price objective on US Foods from $88.00 to $108.00 and gave the stock a "neutral" rating in a report on Wednesday, August 12th. Wells Fargo & Company boosted their price target on shares of US Foods from $110.00 to $125.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Guggenheim upped their price target 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. UBS Group increased their price objective on shares of US Foods from $117.00 to $127.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of US Foods from $98.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, May 14th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, US Foods has a consensus rating of "Moderate Buy" and a consensus target price of $113.92.

About US Foods

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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