Keebeck Wealth Management Invests $3.05 Million in US Foods Holding Corp. $USFD

Keebeck Wealth Management purchased a new position in US Foods Holding Corp. (NYSE:USFD - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 29,816 shares of the company's stock, valued at approximately $3,049,000.

Several other large investors also recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company's stock worth $9,722,000 after purchasing an additional 68,567 shares during the period. Empowered Funds LLC purchased a new stake in US Foods in the 1st quarter worth about $359,000. Sivia Capital Partners LLC purchased a new stake in US Foods in the 2nd quarter worth about $526,000. Brown Advisory Inc. bought a new stake in US Foods in the second quarter worth about $252,000. Finally, Cerity Partners LLC lifted its stake in US Foods by 20.5% in the second quarter. Cerity Partners LLC now owns 47,977 shares of the company's stock worth $3,695,000 after purchasing an additional 8,162 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

Insider Buying and Selling at US Foods

In other news, insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares of the company's stock, valued at $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is currently owned by corporate insiders.

US Foods Price Performance

Shares of USFD stock opened at $109.52 on Friday. The company has a market capitalization of $23.69 billion, a P/E ratio of 33.70, a P/E/G ratio of 1.38 and a beta of 0.81. The company's 50-day simple moving average is $100.96 and its two-hundred day simple moving average is $93.74. US Foods Holding Corp. has a one year low of $69.88 and a one year high of $111.42. 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 posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. During the same quarter in the previous year, the firm posted $1.19 earnings per share. The company'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. As a group, equities analysts anticipate that US Foods Holding Corp. will post 4.41 EPS for the current year.

Analysts Set New Price Targets

USFD has been the topic of a number of analyst reports. Morgan Stanley set a $107.00 target price on US Foods in a research note on Friday, August 7th. BMO Capital Markets reissued an "outperform" rating and set a $120.00 price target on shares of US Foods in a research note on Friday, August 7th. Zacks Research upgraded US Foods from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 28th. Wall Street Zen raised US Foods from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Finally, JPMorgan Chase & Co. reduced their target price on US Foods from $98.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, May 14th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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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